Chelsea Groton Bank is once again a proud recipient of BauerFinancial, Inc.’s highest 5-Star Superior rating for financial strength and stability. This marks the 121st consecutive quarter that Chelsea Groton Bank has earned this distinction, which gives it the added prestige of being a “Best of Bauer Bank”. Only banks that have earned and maintained this highest 5-Star rating for 25 years (100 consecutive quarters) or longer may claim this distinction. This latest rating was assigned in June 2024 based on March 31, 2024 financial data and signifies that Chelsea Groton Bank continues to be one of the strongest banks in the nation.
Karen Dorway, president of BauerFinancial, the Nation’s Premier Bank Rating Firm, commented, “Life has changed dramatically over the past few years, but the commitment of community banks, like Chelsea Groton Bank, has never wavered. These banks understand that a customer’s worth is much greater than the size of their bank account. They believe in relationships that help grow and maintain communities, and they work together to nurture those relationships and the communities they serve. They take pride in helping customers thrive.”
The Bank has been helping customers achieve their financial goals, both personal and business, for 170 years. Chelsea Groton strives to be the best banking partner in the community because when their customers succeed, so do they.
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.