Beware of text messages claiming that your debit card will be deactivated unless you call customer service. Phishing text messages are becoming an increasingly common method for fraudsters to gain access to confidential information. Chelsea Groton Bank will send text notifications for suspected fraud, but we will never call and request that you provide your full card number to us over the phone. For more info read our blog post “Banks Never Ask That”.
Chelsea Groton is well-positioned to continue to serve our community for generations to come. Read more from Anthony Joyce, President and CEO, on why you can feel good about banking with us.
Ready to start saving? It’s never too late to begin. Chelsea Groton offers competitive interest rates and flexible terms on savings products such as certificates of deposit (CDs) and individual retirement accounts (IRAs).
Certificates of Deposit — Competitive CD rates and a variety of maturities for short and longer term goals
Individual Retirement Accounts — Choose from Traditional, Roth and Educational IRAs, or Simplified Employee Pension (SEPs):
Traditional IRA — A tax-qualified savings account available for individuals with earned income
Roth IRA — A good choice for those who expect to be in a higher tax bracket upon retirement*.
Education IRA — Established for individuals under the age of 18, allowing you to save for a child’s higher educational expenses.
Simplified Employee Pension IRA — For self-employed business owners. Benefits include possible contributions to your personal retirement accounts as well as IRAs for eligible employees.
Rollovers/Direct Transfers — Have you changed jobs? Check to see if your retirement funds can be rolled into a qualified retirement plan. Need our help transferring all or part of your assets from another retirement plan such as a 401(k)? We can do that.
Ready to get started? Call us at 860-448-4200 or visit the Chelsea Groton Bank branch near you.
*Chelsea Groton does not provide legal or tax advice. Consult your legal and/or tax advisor.