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Over 250 area high school students and teachers convened in the Crozier Williams Student Center at Connecticut College on Tuesday, March 19, 2019 for the 13th Annual Money Madness seminar presented by Chelsea Groton Bank. 

Regan Nichols of Westerly, RI, has been named Customer Solutions Manager of Chelsea Groton Bank’s Groton branch, and Rebecca Magner, also of Westerly, RI, has been named Customer Solutions Manager of the Bank’s Pawcatuck branch.

Kristin Zummo recently joined Chelsea Groton Bank as AVP, Learning & Development Manager.  In this role, Kristin is responsible for overseeing training and development for all team members at the Bank.

Chelsea Groton Bank is pleased to announce the promotion of 13 employees following a Board of Trustees meeting.

GROTON, Conn. – BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Chelsea Groton Bank has once again been awarded 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. Earning and maintaining this top rating for 99 consecutive quarters makes its status indisputable as one of the Top 10% of banks in the nation in terms of its strength. This “Sustained Superiority” designation is reserved specifically for banks that have earned Bauer’s highest rating consistently for longer than 90% of the industry.

GROTON, Conn. – Chelsea Groton Bank reminds customers who have been affected by the government shutdown that they may be eligible for relief in the form of fee rebates, waived fees and access to cash.

The Chelsea Groton Foundation approved funding $315,663 in grants to 40 non-profit organizations from Connecticut and Rhode Island this fall. Included in this dollar amount is a $100,000 grant to NCDC for Global City Norwich, a multi-year project of revitalizing Downtown Norwich, as well as a commitment of $100,000 over the next five years to the National Coast Guard Museum Association, Inc. Chelsea Groton is the first mutual or community bank to give a major gift to the campaign for the building of the future National Coast Guard Museum.

The Chelsea Groton Foundation recently presented a grant donation of $100,000 to NCDC’s Global City Norwich program, to be used specifically for assisting multicultural entrepreneurs and small business owners who are interested in occupying storefront spaces in the Downtown area, or who currently own businesses and are looking to grow.

New London, CT – The National Coast Guard Museum Association, Inc. gratefully announces a generous pledge of $100,000 from the Chelsea Groton Foundation. This commitment is equivalent to the largest gifts in the history of the Foundation. Other recipients of $100,000 grants were Lawrence & Memorial Cancer Center and Global City Norwich. This commitment is the first major gift from a mutual or community bank to the campaign.

A few years ago, Chelsea Groton launched CFit STRIVE, a wellness program designed with incentives to track and challenge employees in physical, mental, and financial well-being. Recently, the Bank’s Wellness Team, who leads the CFit Strive initiatives, challenged employees to participate in a Walk Across America challenge.
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