Best of Bauer Chelsea Groton Bank Puts the Community in “Community Bank”
Chelsea Groton Bank has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Bank Rating Firm, BauerFinancial, Inc. In order to earn the 5-Star rating, the Bank underwent a rigorous, independent analysis of its financial condition and came out on top. Chelsea Groton Bank has the strength to support its community as it consistently excels in areas such as capital strength, profitability, asset quality, and much more. This is the 109th consecutive quarter that Chelsea Groton has earned this top rating, earning it an even higher designation as a “Best of Bauer Bank”. This distinction is reserved solely for institutions that have earned Bauer’s 5-Star rating consistently for 25 consecutive years, or longer.
“One thing that has been made clear in the past year and a half is that a bank is neither a building nor technology. While both are good and necessary, it’s the people behind the walls and technology that make a bank what it is. They are also what has made Chelsea Groton Bank such an invaluable resource for the community. Chelsea Groton Bank’s employees have shown tremendous dedication and commitment to both customers and the community”, notes Karen Dorway, president of BauerFinancial. “Community banks, like Chelsea Groton Bank, help their neighbors through the good times and the bad. And Chelsea Groton Bank’s employees have done an admirable job, maintaining an unblemished balance sheet all the while.”
Chelsea Groton Bank was established in 1854 and has been a source of strength for neighbors and friends throughout the community for 167 years. Whether at a branch, on a phone or online at chelseagroton.com, 5-Star rated Chelsea Groton Bank is ready, willing and able to serve the individuals, businesses and organizations throughout the region.
About BauerFinancial, Inc.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.