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Chelsea Groton Bank Named a TOP WORKPLACE for Ninth Year 

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Recognized with Cultural Excellence Awards for Innovation, Leadership, and Purpose & Values  Chelsea Groton Bank has been named a 2024 Top Workplaces winner and has been recognized with Cultural Excellence Awards in the categories of Innovation, Leadership, and Purpose & Values. 2024 marks the ninth consecutive year Chelsea Groton has been honored as a Top...

Chelsea Groton Bank Named to Forbes Americas Best-In-State Banks 2024 

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Chelsea Groton Bank has been named the #1 Bank in Connecticut on the Forbes list of Americas Best-In-State Banks 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on the Forbes website.  Its an incredible honor to be named...

How Age Factors In

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When it comes to thinking about fraud and scams, a common misconception is that it mainly affects older adults. Fraud targets all ages; however certain demographics are more likely to see select types of fraud. Whether you are tech-savvy or prefer to be offline, scammers have developed tactics to make us susceptible.   Younger Generations...

Chelsea Groton Bank to Host Career Fair at Groton Branch

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Chelsea Groton Bank, named a Top Workplace in CT since 2016, is hosting a career fair for candidates interested in pursuing a career in banking on Thursday, October 3rd from 4 6 PM at the Banks Groton Headquarters and Branch, 904 Poquonnock Road, Groton, CT. Candidates are encouraged to bring a resume and to...

Team Member Spotlight: Al Dabiri, Osaic Institutions Financial Advisor 

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Al loves working and connecting with his clients. He finds it highly rewarding to develop customized plans to help clients based on their needs and financial goals. Learn more about Al!  1. What is your current role and department?   My current role is Financial Advisor, Osaic Institutions, Inc.; VP, Chelsea Groton Financial Services.  2. What...

Why September 15 for Hispanic Heritage Month?

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Hispanic Heritage Month, originally established in 1968, began as a commemorative week introduced by California Congressman George E. Brown, who represented East Los Angeles and San Gabriel Valley, to recognize the contributions of the Hispanic community throughout American history.  The Central American neighbors as President Lyndon B. Johnson dubbed the countries of Costa Rica, El...

Its Life Insurance Awareness Month Are You and Your Loved Ones Protected? 

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According to a recent study by LIMRA and Life Happens, in January 2024, 51% of consumers reported owning life insurance, down significantly from 63% in 2011. Among life insurance owners, 22% say they do not have enough coverage. And 42% of American Adults (representing 102million people) say they need, or need more, life insurance.*  In the...

Bank Smart with the Smart Card App

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Thats one smart card! Chelsea Groton offers its customers technological tools for a better banking experience. Our Smart Card App is a great tool to take advantage of! Not only can you manage your debit card, but all debit cards linked to your accounts, on your terms. Here are some benefits and ways you can...

Class Is In Session!

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Chelsea Groton has a Fall calendar full of educational classes geared towards homebuying, financial wellness, professional development, and much more. Free for anyone to attend in person or virtually, these classes are great for gaining financial knowledge or learning best practices to safeguard your confidential information. Depending on what you’re looking to learn, here are...

Escrow FAQs

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Everything You Need to Know about Escrow A portion of every regular monthly mortgage payment you make is set aside and placed into an escrow account. From this account, your insurance and real estate tax bills are paid. We receive the insurance/tax bills directly and remit payment as needed.