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BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly announced that Chelsea Groton Bank, New London County, CT, has again been awarded its highest (5-Star) rating for financial strength and stability. 

Read on to access a checklist compiled by the HHS and CDC to help businesses plan for impact, policies, resources, and communications in case of pandemic.

While the SBA PPP Loan Forgiveness Guidance continues to be clarified as a result of the passing of the Flexibility Act, here’s what we’ve understood so far. If you have questions specific to your individual financial situation, please consult with your tax advisor, accountant and any other professional advisors. 

Check out our June Mutual Matters e-newsletter to see all the ways Chelsea Groton gave back to the community this Spring, scholarship and college financing search tips for our E-Learning Center, check out our new Interactive Teller Machine, and get to know Bill Mundell!

The Chelsea Groton Foundation has provided over $4 million in total grants to the community since its founding in 1998. This spring, the Foundation approved a record $451,813 in grants to 85 non-profit organizations from Connecticut and Rhode Island. Over $85,000 was approved for organizations that needed emergency support for basic human needs in the wake of the COVID-19 pandemic.

The "SBA, in consultation with Treasury, will promptly issue rules and guidance, a modified borrower application form, and a modified loan forgiveness application implementing these legislative amendments to the PPP. These modifications will implement the following important changes...

Check out our May Mutual Matters e-newsletter for DIY home projects while social distancing, job searching tips for new grads, tips for managing your money from home, and get to know Christen Brewer!

As we receive additional guidance from the SBA and the Treasury, we will share it on the Bank's website; please check back often. If you have questions specific to your individual financial situation, please consult with your tax advisor, accountant and any other professional advisors.

Dan Meiser, owner of 85th Day Restaurant Group which operates Oyster Club and Treehouse, Engine Room and Grass & Bone, and co-owner of Stone Acres Farm, had a vision for bringing people the finest, freshest, most sustainable local ingredients in the meals they were served.

Check out our April Mutual Matters e-newsletter for tips on how to keep your finances and identity safe during COVID-19, tips for managing your money from home, and get to know Sara Lundy!

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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.

Continue | Return

Thank you for choosing Chelsea Groton!