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Improving Your Company’s Cash Flow

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One of the biggest challenges companies face is efficiently managing cash flow. Chelsea Groton Bank offers ACH Origination Service, which enables businesses to efficiently manage payment collection, disbursement, and concentration of funds. This solution helps businesses save time, and it enhances internal controls, with options to restrict and enable users and their limits. Here’s how...

Tips for Staying Safe Online

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The Federal Trade Commission reported that in 2019, American consumers lost almost $1.9 billion to online scams and fraud, and with the ongoing pandemic there are even more scams out there today. Here are 10 tips from the Federal Deposit Insurance Corporation (FDIC) to help customers stay safe online and protect themselves from online scammers....

Team Member Spotlight: Get to Know Matthew Benoit

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Today wed like you to meet Matthew Benoit! Matt is an avid skier who also enjoys days at the beach and kayaking in Westerly. Matt takes pride in heading the Groton Scholarship Committee, where he is able to make a difference in the lives of Fitch High School students. 1.  What is your current role...

Are your investments in line with your values?

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Exploring Socially Responsible Impact Investing “Cease being intimidated by the argument that a right action is impossible because it does not yield maximum profits, or that a wrong action is to be condoned because it pays. – Aldo Leopold Do you prefer to invest according to your values? How are the companies you invest in...

Propelling to New Heights

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New England Propeller was founded at Bradley Field in Windsor Locks, CT in 1952. The company is an FAA-certified airplane propeller repair station which overhauls, repairs, and sells airplane propellers. The business was started with a focus on larger military planes but soon began working on commercial and private airplanes as well. In the 1960s,...

Heating Up Business: Our Lending Story with Densmore Oil

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Founded in 1949 out of Ray and Donna Densmores home in Old Mystic, Densmore Oil has been serving the community with reliable oil delivery and heating services since the companys start. A full-service, family-owned and operated business, Densmore has expanded their offering over the years to include automatic fuel delivery, heating service plans, air conditioning...

Baking Up a New Business

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Throughout his career as a pastry chef, Adam Young wowed people with his famous French macarons, exquisite cake designs, and impeccably flavored tortes, tarts, and other sweet treats. Adam wanted to share his craft with a wider audience in a place that catered to locals and tourists alike. He had a vision of creating...

Team Member Spotlight: Get to Know Kerri McGrath

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Today wed like you to meet Kerri McGrath! She loves nothing more than making a difference in her customers lives and helping them reach their goals. Kerri looks forward to watching holiday movies, cherishes spending time with her fiancé Jay and adorable Jack Russel Terrier, and hopes to one day travel to Bali. 1. What...

Team Member Spotlight: Get to Know Bill Mundell

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Today wed like to introduce you to Bill Mundell.  Whether hes providing customers with new banking tools and experiences or working on DIY projects around the house, Bill is an innovator both at work and at home. He likes to give back to the community by volunteering with the United Way and helping with environmental...

Team Member Spotlight: Get to Know Christen Brewer

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Today wed like you to meet Christen Brewer. Christens artistic side and love of the community show in all she does for Chelsea Groton.  Shes also an expert gardener and has been busy sharing her growing and preservation tips as more people have been pursuing home gardens this spring. 1.  What is your current role...