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News and other happenings, it’s all here for you.

Renee Simao of Stonington, CT, has been named Customer Solutions Manager of Chelsea Groton Bank’s Norwichtown branch. Cindy Harris, Renee’s predecessor, recently retired after 37 years of serving the Bank’s customers and community.

John Cassata of Westerly, RI, recently joined Chelsea Groton Bank as a Mortgage Specialist. John will work with customers throughout New London County, Connecticut and Rhode Island who are in need of a variety of lending solutions, from traditional mortgages to first-time homebuyer and affordable lending programs, to specialty financing and home equity loans. He is certified by the Nationwide Mortgage Licensing System & Registry (NMLS #67960).

Check out our December Mutual Matters e-newsletter to learn about the ways we gave in 2019, holiday budgeting tips, setting your savings goals for 2020, getting to know S.T.E.P.s, and fun events to look forward to!

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly affirmed that Chelsea Groton Bank has once again earned its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more.

The Chelsea Groton Foundation approved funding $173,805 in grants to 42 non-profit organizations from Connecticut and Rhode Island this fall. Included in this dollar amount are a $15,000 grant to New London Area Food Coalition for feeding the food insecure and a $15,000 grant to Catholic Charities, Diocese of Norwich for intensive case management and emergency basic needs. For the second consecutive year, the Foundation has granted $10,000 to Furniture Bank of S.E.CT toward the purchase of over 100 beds.

Check out our November Mutual Matters e-newsletter for tips on creating a caregiving plan for your family, last minute scholarship and grant deadlines, online security features for online and mobile banking, an employee spotlight on Tashawn Ward, and social and educational events the Bank is offering.

Chelsea Groton Bank is recognizing the outstanding accomplishment of Rich Balestracci, VP, Commercial Loan Officer, who recently graduated from the American Bankers Association’s Stonier Graduate School of Banking at the University of Pennsylvania. The preeminent three-year program is in partnership with the world-renowned Wharton School. Graduates receive both a Stonier Diploma and a Wharton Leadership Certificate.

BauerFinancial, the Nation’s Premier Bank Rating Firm, commends Chelsea Groton Bank, New London County, Connecticut on its achievement of another 5-Star Superior Rating. Not only has Chelsea Groton Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 102 consecutive quarters giving it the added status of being a “Best of Bauer Bank”. This designation is reserved specifically for banks that have earned Bauer’s highest rating consistently for 100 consecutive quarters… or longer. Earning and maintaining Bauer’s highest 5-Star rating indicates Chelsea Groton Bank is one of the strongest banks in the nation.

Check out our October Mutual Matters e-newsletter for tips for staying safe online, an article on how to clean out your wallet and decrease your risk of identity theft, a tutorial on how to set up auto pay, an event spotlight on Chelsea Groton's small business seminar, and social and educational events the Bank is offering.

Technology has allowed busy people to check errands like grocery shopping off their to-do list without ever leaving the house. However, one important task that still required a special trip was opening a new bank account. Now one of Connecticut’s top financial institutions is making that process simple, easy and online. In just 10 minutes individuals can be on their way to a new personal checking or savings account at 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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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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