Filter By Category
The phone rings and the voice on the other end sounds awfully like your grandchild. The person says they experienced an emergency, such as an accident or an arrest, and need you to send them money immediately by either a wire, through cryptocurrency or via pre-paid gift cards. Overcome by the stress of the situation…
While looking forward to the exciting advancements and efficiencies AI technology can foster, it’s important to be aware of the challenges it can pose. The Federal Trade Commission (FTC) and Federal Bureau of Investigation (FBI) have seen an uptick in cybercriminals using AI to enhance their fraud schemes. With crimes ranging from voice and video…
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…
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…
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…
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…
That’s one smart card! Chelsea Groton offers its customers technological tools for a better banking experience. Smart Card 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 bank smart…
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…
During the height of the pandemic, mail theft saw an 87% increase between the years of 2019 and 2022. Since then, the number of investigations into serious crimes has doubled, from 609 cases of mail carrier robbery to almost 1,200. The reason? They are on the hunt for your checks, credit cards, and information for identity…
Financial literacy and career readiness are more critical than ever! The Future Bankers of America program in Connecticut is an opportunity for high school students to get a jump start on a career in finance. This innovative program, run by the Center for Financial Training (CFT) and the Federal Deposit Insurance Corporation (FDIC) partners with…
