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GROTON, Conn. – Chelsea Groton Bank held its 163rd annual meeting of Bank officers, Board members and Corporators on Monday, April 16 at the Mystic Marriott in Groton, Connecticut. President and CEO Michael Rauh reported on the Bank’s 2017 results.
The Chelsea Groton Foundation announced funding for a multi-year project of supporting the revitalization of Downtown Norwich through a Global City Initiative. This multi-cultural program will assist existing efforts to bring people together to participate in rich, diverse, multicultural experiences that the residents of Norwich and its surrounding communities have to offer.
Hillary Ryan of Stonington, CT, recently joined Chelsea Groton Bank as Vice President, Business Intelligence. In this role, Hillary will be leading the Business Intelligence Department with responsibility for process improvement, project management, and data management.
The Chelsea Groton Foundation will be accepting applications for the spring grant cycle through the Foundation’s NEW online application portal until Friday, April 20, 2018. Local and regional charitable organizations in the areas of Animal Welfare, Arts and Culture, Economic Development, Education, Environment, Health and Human Services, Housing, and Youth Recreation and Activities, should visit www.chelseagroton.com/CGFoundation to access the new online application portal and more details on specific requirements.
Jamie Goulas, Retail Loan Originator at Chelsea Groton Bank, graduated from the Greater Norwich Area Chamber of Commerce (GNACC) Leadership Exploration & Development (L.E.A.D.) program.
Melissa L. Raffanello recently joined Chelsea Groton Bank as a Residential Loan Officer, based at the Bank’s Lending Center in Glastonbury. In this position, Melissa will work with clients throughout Hartford and Litchfield Counties in need of a variety of lending solutions.
Chelsea Groton Bank’s Carolyn Welch has been promoted to Senior Vice President, Commercial Lending Manager. In this role, she will lead the Bank’s Commercial Lending team in attracting, developing, and growing commercial relationships throughout the Bank’s expanding market area.
Chelsea Groton Bank is pleased to announce the promotion of 17 employees, including five members of the Bank’s senior leadership team, following a Board of Trustees meeting.
BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm, is proud to announce that Chelsea Groton Bank, has once again secured a 5-Star rating. A five-star rating indicates the Bank excels in areas of capital adequacy, profitability, asset quality and more.
Elizabeth “Betsy” Conway, General Counsel of the Mashantucket Pequot Tribal Nation, was recently appointed to Chelsea Groton Bank’s Board of Trustees. Conway became a Corporator of the Bank in 2011.
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