Whether it’s personal or business banking, the articles we share are all about keeping you up-to-date on our products, services and team, scams and cyber threats that you should be aware of, industry changes that might impact you, happenings in our community, and, no matter what, making your banking experience easier at every opportunity.
Filter By Category
Scammers are becoming more convincing by pretending to be some of the people we trust the most, namely our loved ones and members of the military community. These imposter scams rely on urgency, emotion, and authority to push victims into acting quickly, often before they have time to verify what is really happening. Imposter Scams Targeting the Military Community Service members, veterans, and their families are frequently targeted…
While many caregivers expect to assist their loved one with daily tasks or medical needs, financial responsibilities can quietly become part of the role as well. From paying bills to organizing paperwork, helping with finances can feel overwhelming for both caregivers and the people they support. The good news is that taking a thoughtful, organized approach can make a…
For more than 80 years, the United Service Organizations (USO) has offered a “home away from home” for the military community. In New England, it continues to provide comfort, connection, and care, making sure service members and their families always feel supported. How long have you been operating in the community? The USO has served the military community since 1941, with USO…
Investment scams continue to evolve, and one scheme that has been gaining attention is known as a ramp and dump scam. Though you may not have guessed it, it is actually a modern version of classic pump and dump investment fraud. Understanding how these scams work and what warning signs to look for can help…
As the financial landscape continues to evolve, consumers have more choices than ever when it comes to managing their money. Neobanks have been on the rise. While neobanks, like mutual banks, offer modern banking tools, the two banking models differ significantly in structure, ownership, and purpose. Understanding these differences can help consumers make informed decisions about where to bank. What Is a…
Smart money management doesn’t have to be complicated. With the right technology, everyday banking tasks can quickly become easier, more organized, and far less stressful. Chelsea Groton’s digital banking tools are designed to help you stay in control (anytime, anywhere) so you can spend less time worrying about your finances and more time focusing on what matters most. Here…
April is National Fair Housing Month, a time to celebrate equal access to housing and empower people with the knowledge they need to make confident homeownership decisions. Buying a home can feel overwhelming (especially if you’re not sure where to start), but understanding your loan options is a great first step. So let’s break it…
Banking can be surrounded by assumptions that make it feel impersonal or transactional, but mutual community banks operate differently. As part of the Mutuals Matter movement, Chelsea Groton Bank helps shine a light on what truly sets mutual banks apart: mutuals are owned by their depositors, not shareholders, and are driven by a mission to serve the long‑term interests of customers and communities. That means local deposits are reinvested back in the…
As a Mortgage Specialist, Edwin Lobo (NMLS # 2614824) plays a key role in helping customers navigate the homebuying journey with confidence. Known for his customer-first approach and commitment to community involvement, Edwin takes pride in building lasting relationships and supporting clients long after they’ve closed on their homes. 1. What is your current role and department? I am a Mortgage Specialist in…
Artificial Intelligence is everywhere. From social media posts and images to emails, videos, and voice messages. While AI can be powerful, it can also be used to mislead, impersonate, or pressure people into sharing personal or financial information. The good news? You don’t need to be a tech expert to spot the signs. Here are five simple tests for recognizing when content may be…
