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Understanding Private Mortgage Insurance (PMI): What Homebuyers Need to Know

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Whether you’re a first-time homebuyer or looking to refinance, understanding Private Mortgage Insurance (PMI) is crucial for making informed decisions about your mortgage. Let’s demystify PMI and review frequently asked questions explaining what it is, why it’s necessary, and how it impacts your monthly payments.    1. What is Private Mortgage Insurance (PMI)?  PMI is insurance...

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Cyber Hygiene: 5 Essential Practices for a Secure Digital Life

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In today’s digital age, maintaining good cyber hygiene is crucial to protect your personal and professional information from cyber threats. Here are five essential practices to ensure your digital life remains secure: 1. Keep Software Up to Date Regularly updating your software is one of the simplest yet most effective ways to protect your devices....

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Over $668K Awarded to Area Non-Profits by The Chelsea Groton Foundation 

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The Chelsea Groton Foundation awarded $668,162 in grants to 158 non-profit organizations from Connecticut and Rhode Island. Inclusive of these donations, the Foundation has awarded $7.7 million in total grants to the community since 1998.   “The Chelsea Groton Foundation is proud to announce this year’s distribution of community grants. As a mutual community bank, we’re...

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NFA and Chelsea Groton Seek to Strengthen Future Banking Leaders

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Chelsea Groton Bank recently partnered with Norwich Free Academy (NFA) to offer a unique, one-week micro-internship for six students in NFA’s Business Banking Pathway program. This initiative aimed to open students’ eyes to career opportunities they might not have considered as they prepare to enter college. The Business Banking Pathway program at NFA is designed...

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Spotlight on Vincenzo Denniston

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At Chelsea Groton Bank, our team is made up of passionate individuals who bring knowledge, dedication, and heart to everything they do. This month, we’re proud to shine the spotlight on Vincenzo Denniston, Customer Solutions Assistant Manager of the Downtown Norwich Branch, who played an integral part in the recent branch move. What do you...

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Chelsea Groton Bank Empowers Team to Give Back

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Chelsea Groton Bank celebrated 171 years of serving the communities of southeastern Connecticut on July 3. In honor of this milestone, all Bank team members were invited to select a non-profit organization to be the recipient of a $100 donation from the Chelsea Groton Foundation, through the Acts of Kindness program. Through this year’s initiative,...

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Marikate Murren

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Rosemary Evans

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Chelsea Groton Bank Opens New Downtown Norwich Branch at Mercantile Exchange Building 

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Chelsea Groton Bank is proud to announce the opening of its new Downtown Norwich branch at the Mercantile Exchange Building, located at 55 Main Street, Norwich. This milestone marks the continuation of the Bank’s longstanding commitment to the Norwich community, where Chelsea Groton’s roots date back to 1858.  “Chelsea Groton Bank has been dedicated to...

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