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As your business grows, your savings should too.

Let’s pick the best savings account for how your business or organization transacts today, and supports your savings goals for the long-term growth of your business.

Wondering which savings account is right for your business? Compare our business savings products.

  • Business Savings Money Market and Sweep AccountsBusiness Savings – Looking to earn interest and have overdraft protection from your business checking account? Our business savings account may be right for you.
  • Business Money Markets – If you want a high interest savings option that you can access in a pinch, our business MMAs are able to be drawn from any time your business is in need of funds.
  • Sweep Accounts – Trying to increase returns, reduce interest expenses, prevent overdrafts and manage finances more efficiently? Choose from our Business Line of Credit Sweep, Investment Sweep, or Zero Balance Accounts to automatically transfer funds between accounts at the end of the business day.
  • ICS® – Insured Cash Sweep® service – Access multi-million-dollar FDIC insurance on funds placed into demand deposit accounts.
  • Business Certificates of Deposit – We offer competitive rates and flexible terms for long term goals.
  • Health Savings Accounts – Ask us about a triple tax-advantaged savings and spending account for today’s qualified healthcare expenses. Be sure to consult with your tax advisor.
  • CDARS - the Certificate of Deposit Account Registry Service® – Looking for the most convenient way to access FDIC insurance on multi-million-dollar CD deposits? Consider CDARS.

View our deposit rates.

To learn more about which account could be right for you, call our business banking team at 860-448-4295, or stop by your local branch.

**Consult your tax advisor.

Business Banking Team

Lori Dufficy
EVP, Chief Experience and Engagement Officer
(860) 448-4184
Harry Colonis
AVP, Business Development Officer
(860) 448-4269
Alexis Kahn
VP, Cash Management Sales Manager
(860) 448-4157
Alexander Masse
SVP, Director of Operations and Business Intelligence
(860) 823-4882
Kelly Meakem
AVP, Business Banking Operations Manager
(860) 572-4059
Jennifer Seuferling
AT, Cash Management Officer
(860) 572-4036

Chelsea Groton Bank

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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You are now leaving Chelsea Groton Bank's Website.

Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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Thank you for choosing Chelsea Groton!

Chelsea Groton Bank

You are now leaving Chelsea Groton Bank's Website.

Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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Thank you for choosing Chelsea Groton!