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Chelsea Groton, a mutual bank you can really feel good about

Over the last few days, you may have seen concerning news related to two large bank failures. As a mutual bank, we want to provide you with a brief update on Chelsea Groton Bank’s business model and how FDIC insurance works. Chelsea Groton Bank’s business model does not include specialized services like cryptocurrency and venture…

Celebrate Credit Card Reduction Day on March 21st

Credit Card Reduction Day was created to motivate those with outstanding credit card debts to strive to get rid of their interest payments quickly. While debit card transactions immediately show a change of balance in your account, credit cards and their “unlimited spending limits” can sometimes allow an individual to lose track of spending which…

Empowering Teens to Make Smart Financial Decisions

Chelsea Groton Bank has had a long-standing commitment to financial education and wellness. The Bank’s Community Education Officer, Miria Gray, regularly teaches programming in high school classrooms, plans and facilitates the Money Madness event, and supports the learning that is included as part of the Chelsea U Student Banking program. Each of these efforts is…

Team Member Spotlight: Get to Know Renee Simao!

As a Talent Acquisition Specialist, Renee Simao is out in our local community meeting with potential team members, which is what she loves to do. From volunteering with Habitat for Humanity to assisting with community events, Renee enjoys lending an extra hand to anyone who needs it! Learn more about Renee!

Groton Headquarters Reinvention

A part of the Groton community since 1854, Chelsea Groton Bank is embarking on a complete renovation and reinvention of its Groton headquarters and bank branch on Poquonnock Road. The bank’s new headquarters will feature a complete, inside-and-out rethinking of the workplace, as well as a reinvented branch designed around delivering an extraordinary customer experience…

Find Your Home with Peace of Mind

Sometimes, in the excitement and nerves of looking to find a home, a potential renter or buyer could be more susceptible to falling for scams, and scammers know this. USA.gov and the Federal Trade Commission shared several scams to be on the lookout for while you’re on your next house hunt. Rental scams Rental scams…

Team Member Spotlight: Get to Know Marielle Winkelman

Marielle Winkelman has many years of experience as a mentor and manager, making her the perfect fit to become the Regional Sales and Service Manager in the Norwich area. The time she takes to mentor others and her commitment to the people and businesses in the community reflect her dedication to the culture and spirit…

Protect Your Money this Data Privacy Day!

Wondering how to keep your money and identity safe? One of the best ways to protect your money is by using strong, memorable words or phrases for your passwords. Avoid common words and character combinations, use longer passwords, don’t reuse your passwords across different accounts, and use two-factor authentication when available. And never, ever share your…