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.
As your business grows, your savings accounts need to be able to keep up. Do you want to earn interest and have overdraft protection, automate how you maximize earnings potential for excess funds or are you looking for tax-advantaged savings? Our products work hard behind the scenes, building your savings while safeguarding the assets you’ve worked hard to build.
Wondering which savings account is right for your business? Compare our business savings products.
Business Money Markets — If you want a competitive interest-bearing savings option that you can access in a pinch, our business MMAs are able to be drawn from any time your business is in need of funds.
Sweep Accounts — Trying to increase returns, reduce interest expenses, prevent overdrafts and manage finances more efficiently? Choose from our Business Line of Credit Sweep, Investment Sweep, or Zero Balance Accounts to automatically transfer funds between accounts at the end of the business day.
ICS® — Insured Cash Sweep® service — Receive multi-million-dollar FDIC insurance in a fully liquid account featuring an attractive interest rate. Withdrawals can be made at any time for immediate access to funds.
Business Certificates of Deposit — We offer competitive rates and flexible terms for long term goals.
Health Savings Accounts — Ask us about a triple tax-advantaged savings and spending account for today’s qualified healthcare expenses. Be sure to consult with your tax advisor.
CDARS — the Certificate of Deposit Account Registry Service®— A convenient way to access FDIC insurance on multi-million-dollar CD deposits.
View our deposit rates.
To learn more about which account could be right for you, call our Cash Management team at 860-448-4295, or stop by your local branch.
**Consult your tax advisor.