Litchfield Bancorp


Different from a commercial bank with stockholders, community leaders founded Winsted Savings Bank in 1860. In 1875, local business leaders founded Mechanics Savings Bank of Winsted (later Northwest Bank for Savings). Both banks supported the development of Winsted, CT and surrounding towns through savings, loans and personal relationships with their customers. They helped individuals, families, businesses and communities—and later met the need for a branch network and expanded services.

In 1996, the two banks merged into Northwest Community Bank. Headquartered in Winsted, now Northwest Community Bank has branches in Avon, Granby, New Hartford, Simsbury and Torrington—as well as a nationally recognized academic branch in Northwestern Regional School No. 7 High School.

HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
  • Debit Card
  • Checks

HSA Interest Rates

Interest rates for various balance tiers
$0.01 - $4,999.99 0.05% APY
$5,000.00 - $19,999.99 0.05% APY
$20,000.00+ 0.05% APY
Last checked on: 02-21-2023. Rates may not be current, please check the provider's website for the latest rates.


Monthly Maintenance Fee $0.00
Account Opening Fee Unknown
Account Closing Fee Unknown

HSA Investment Options

Mutual Fund Platform: close   Self-Directed Brokerage: close   CDs: close   Other: close

Contact Information

General Information

Address 294 West Street
Litchfield, CT 06759-0997

Customer Service

Mailing Address Litchfield Bancorp
PO Box 997
Litchfield, CT 06759-0997
Phone Number 860-567-9401
Email Address [email protected]