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Best of Bauer Chelsea Groton Supports Its Community with Strength & Stability

Chelsea Groton Bank has earned the prestigious “Best of Bauer Bank” status from BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm. This distinction is reserved solely for institutions that have earned Bauer’s highest (5-Star) rating consistently for at least 25 consecutive years. This is the 110th consecutive quarter that Chelsea Groton Bank has earned this top rating. Earning and maintaining this 5-Star rating is proof that Chelsea Groton Bank excels in such areas as capital adequacy, profitability, asset quality and much more.

The Bank holds 19.02% of the deposit market share in New London County, more than any other financial institution with a physical location in the County’s footprint, including national and regional banks.*

“The bankers at Chelsea Groton Bank know their customers, whether business or consumer, and are ready to help them overcome the financial hurdles of life, even amidst a pandemic,” asserts Karen Dorway, president of BauerFinancial. “And Chelsea Groton Bank’s financial strength gives it the resources to do so – for the benefit of the whole community.”

Established in 1854, Chelsea Groton Bank has been a source of strength and stability for the community for 167 years. Whether at a branch, on a phone, through the video banking app, 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.

* Offices and Deposits of all FDIC-Insured Institutions Deposit Market Share Report, June 30, 2021.

 

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.

 

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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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