Celebrating 169 Years of Chelsea Groton, a Strong, Well-Capitalized, Mutual Community Bank!

Monday, July 3, 2023 marks Chelsea Groton Bank’s 169th anniversary of being a strong, well-capitalized, mutual community bank and supporting members of our shared community as they strive to reach their goals.

In recent years, the Bank has continued to reinvent branch spaces to provide customers with more comfortable spaces to plan for their financial futures. We’ve continued to improve the online and mobile banking experience, offering technologies that let community members bank by video, and keep a pulse on potential fraud and spending activity from their phone. And we’ve worked tirelessly to support the changing needs and priorities of residential and commercial loan customers.

Best of all, as a strong, well-capitalized, mutual community bank, Chelsea Groton reinvests profits right back into our shared community, to support the hardworking families, dedicated non-profit organizations, and loyal area businesses who make our community the exceptional place it is.

Chelsea Groton has been named Best Bank – The Day (2015 – present), Best in State Banks – Forbes (2021 – present), Top Workplace – Hartford Courant (2016 – present), 5 Star Rating for Financial Strength and Stability– BauerFinancial (1994 – present), and CT Top Lenders list – Commercial Record (2022).

Here are just a few reasons the Bank earned these accolades:

• In 2022, the Bank’s team members volunteered 7,045 hours and participated in 100+ professional development courses.
• Video Banking ATMs are now available at all locations.
• There was a 17% increase in deployment of efficient and secure Cash Management services last year.
• The most recent customer satisfaction score was 98.29%. Chelsea Groton was once again the #1 bank real estate lender in New London County*.
• And the Chelsea Groton Foundation has now surpassed $5.7 Million in giving since it was founded in 1998.

We’re looking forward to bringing you more advancements, more ways to connect in person and virtually, and more contributions to our shared community this year. In honor of the Bank’s birthday, check out this video for what customers are saying about banking with Chelsea Groton!