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You’ve likely been spending more time at the place you call home lately. If this has you thinking about buying your first house or purchasing a different home to better suit your needs, here are some tips as you prepare to make the purchase. Build your savings: Set money aside every month. Prior to purchasing a…
By the Federal Trade Commission In 2019, people reported losing $201 million to romance scams. People reported losing more money to romance scams in the past two years than to any other fraud reported to the FTC. Romance scammers create fake profiles on dating sites and apps, or contact their targets through popular social media sites like…
Recently, banks across the country have reported that their customers are falling victim to a new scam. In what is being called the “No Hang-Up Scam”, customers are receiving a call from a scammer stating they are from the customer’s bank. When the customer questions the legitimacy of the call, the fraudster directs the customer…
Stacey Marcell, a licensed arborist with over 20 years of experience, founded Northeast Horticultural Services (NHS) in 2008. She never envisioned she would be opening her own business. However, with the birth of her first child, she had to take matters into her own hands. Stacey had many years of previous experience working for a…
Planning for a relaxing vacation can sometimes be very stressful. Chelsea Groton Bank has some tips to safeguard your financial information when traveling that should be put into place before you leave town. “People should continuously be on alert for identity theft and fraudulent purchases or withdrawals, however travelers need to be especially vigilant,” explained…
Chelsea Groton is pleased to announce a special 1% down payment home financing product, the Community Heroes Homeownership Program, for civic-minded men and women who serve our communities as full-time emergency medical technicians (EMTs), firefighters, paramedics, police officers and teachers (K-12). The Community Heroes Homeownership Program will allow individuals and families who have at least…
Every year, millions of consumers fall victim to cybercrime. According to the FBI’s Internet Crime Complaint Center consumers lost more than $1 billion from scams initiated through the web in 2015. In recognition of Safer Internet Day on Feb. 7, Chelsea Groton Bank is highlighting seven tips to help consumers stay safe online, guard against…
As consumer use of mobile devices continues to climb, cyber criminals are targeting those gadgets more frequently. According to a report by the Federal Reserve, 52 percent of smartphone users say they have used mobile banking in the past 12 months. In recognition of National Consumer Protection Week March 6 – 12, here are 12…
Jennifer DeLucia of Norwich, Program Manager at Chelsea Groton Financial Services and Kristen Scott of Pawcatuck, Branch Manager of Chelsea Groton Bank’s Center Groton branch, recently graduated from the Connecticut Bankers Association’s CT School of Finance and Management (CSFM). “At Chelsea Groton, we believe that the better trained and more knowledgeable our employees are, the…
