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Chelsea Groton Bank has named Carolyn Welch, Senior Vice President, the Director of Commercial Business Growth and Development, and Rich Balestracci has been promoted to Senior Vice President, Commercial Lending Department Manager.

Lauren Vincent has recently been promoted to Assistant Secretary, Small Business Loan Officer at Chelsea Groton Bank. In this role, Lauren will work to develop small business loan relationships across the Banks’ market areas.

Check out our July Mutual Matters e-newsletter and learn about the Bank's recent reinventions and upcoming renovation, join us for a book reading with a local author, find out how you can bank anywhere you go with Chelsea|LIVE Video Banking, and learn more about the Riverfront Children's Center!

Chelsea Groton Bank, along with contractor, Carlin Construction Company, and architect, Bisbano + Associates, officially broke ground at the Bank’s headquarters on Poquonnock Road in Groton.

Chelsea Groton is one of 12 lenders in Connecticut participating in the CT Housing and Finance Authority (CHFA) “Time To Own” forgivable down payment assistance program.

There is a nationwide shortage of quarters that is impacting our business customers. Check out ways you can help our local business community, and what to do if you’re a business owner.

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.

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), unveiled its annual 40 Under 40: Emerging Community Bank Leaders list. Alexis Kahn, VP, Cash Management Sales Manager at Chelsea Groton Bank was named to this year’s list.

Michael Hawes recently joined Chelsea Groton Bank as Assistant Vice President and Commercial Loan Officer. Michael will work to develop commercial loan and commercial mortgage relationships with centers of influence across the Bank’s market areas.

Chelsea Groton Bank has earned its 113th consecutive 5-Star rating from BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm. Banks who earn this top rating must excel under a rigorous, independent analysis of financial condition, including a review of capital adequacy, profitability, asset quality and much more. 

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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