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What’s been around longer than Nutella, sliced bread, and telephones? Chelsea Groton Bank! July 3, 2024 marks the 170th anniversary of Chelsea Groton Bank. Our commitment to serving the people in our community and driving innovation are still focal points of our mission today, as they have been since day one. Travel back to the…
May is Asian American and Pacific Islander Heritage Month (AAPI), a month-long celebration to honor the contributions that Asian Americans and Pacific Islanders have made to American culture and society. AAPI is an umbrella term that includes cultures from the entire Asian continent including East, Southeast and South Asia, and the Pacific Islands of Melanesia,…
Effective July 1, 2024, Connecticut is taking proactive steps against Elder Financial Abuse. In August 2023, Governor Ned Lamont signed into law Public Act 23-161, an act that encourages financial institutions to be watchful in identifying elder financial abuse cases. It permits banks and credit unions to suspend or hold transactions on an account for…
As Project Management Specialist, Alexis Smith is able to find ways to help her colleagues work smoothly and in a more organized way. It’s just one of the things she loves about working at Chelsea Groton Bank. Find out what else Alexis loves about Chelsea Groton below! 1. What is your current role and department? …
A scam can occur in many different forms. Whether it’s a romance, apartment/vacation rental, utility, family emergency or prize scam, fraudsters are out to get your money, and they act fast. Scammers are inclined to use wire transfers because they are finalized quickly, and it is difficult for the victim to get their money back…
2023 marked the first-time fraud losses amounted to $10 billion nationwide, a 14% increase over 2022. The top avenues of loss were investment scams, imposter scams, cryptocurrency, and bank transfers. It was reported that email was the top method to reach potential victims. In an environment that’s constantly changing, it’s important to employ empathy to…
This April, Chelsea Groton Bank is celebrating Community Banking Month and Financial Literacy Month! These celebrations highlight the Bank’s commitment to the community and our community members. Community Banking Month Banking locally not only supports small businesses but, according to the ICBA, also contributes to the local economy through the creation of up to 62%…
Chelsea Groton Bank is providing FREE secure document shredding services this Spring, to protect confidential information and avoid identity theft. New this year is the addition of a Shred Day that includes secure hard drive (HD) destruction. “The number of people who are victimized because sensitive data is stolen continues to rise,” said Chrissy Caplet,…
Karen Bilodeau is dedicated to working towards the greater good for her customers, especially when it comes to helping her customers. Her commitment to researching options, and making sure customers know what they can afford helps make the homebuying process easier for everyone. Learn more about Karen! 1. What is your current role and department?My…
Do you think you’re ready to take the leap to buy a home but you’re not quite sure where to start? We are breaking down the process into bite-sized pieces to help you navigate the steps it will take to turn from renter to homeowner. Find Out Where You Stand Financially Review your current financial…
