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A part of the Groton community since 1854, Chelsea Groton Bank is embarking on a complete renovation of its Groton headquarters and bank branch on Poquonnock Road. The bank’s new headquarters will feature a complete, inside-and-out rethinking of the workplace, as well as a reinvented branch designed around delivering an extraordinary customer experience in an…
Last year, Chelsea Groton Bank introduced ONE CHELSEA, an initiative highlighting the strength of the Bank’s continuous commitment to diversity, equity, and inclusion throughout history. Led by a Diversity, Equity and Inclusion steering committee, the mission of ONE CHELSEA is to recognize the extraordinary diversity of the human experience and prioritize continuous personal and enterprise…
Chelsea Groton Bank held a ribbon cutting ceremony for its reinvented Niantic branch at 21 Pennsylvania Avenue, Niantic. The ceremony included remarks from Holly Cheeseman, Connecticut State Representative and Executive Director of Niantic Children’s Museum, and Tony Sheridan from the Chamber of Commerce of Eastern CT. Chelsea Groton’s President and CEO Michael Rauh and Chief…
Chelsea Groton Bank announced that its Confidence Builder Banking program was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 – 2022). The national safe account standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features…
Chelsea Groton Bank has been awarded a Top Workplaces 2022 honor by Hartford Courant Top Workplaces, marking seven consecutive years of receiving this honor. “Being recognized with this honor year after year, tells me that our team members, who are vital to our company’s success, feel valued and proud of the work they do each…
While some banks are choosing to close branch locations, Chelsea Groton is investing in their brick and mortar locations in order to provide customers and the community with access to well-trained team members who can offer sound financial guidance, teach them how to use the latest technologies for convenient and secure banking around-the-clock, and be…
We are currently experiencing a nationwide shortage of quarters. According to the Federal Reserve, “As the economy recovers and businesses reopen, more coins will flow back into retail and banking channels and eventually into the Federal Reserve, which should allow for the further rebuilding of coin inventories available for recirculation.” Until then, we’re asking for…
Chelsea Groton Bank has been ranked the #1 bank in Connecticut on the Forbes list of Best-In-State Banks 2022. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can currently be viewed on the Forbes website. Forbes and Statista identified Best-In-State Banks 2022…
Chelsea Groton Bank recently signed a contract with LAZ Parking to manage the two parking lots located at their downtown Mystic location to improve the parking and overall experience for customers. “Mystic is a major tourist destination, home to the Mystic Aquarium, the Mystic Seaport and amazing places to explore, dine and shop”, said Lori…
At its best during the hardest of times, Chelsea Groton Bank marks a year of embracing change, adapting, and thriving. Chelsea Groton Bank reported impressive financial, educational, technical and community-based accomplishments at its 167th Annual Meeting at the Mystic Marriott on Monday, April 11, 2022. President and CEO Michael Rauh presented the Bank’s 2021 results to…
