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Dawn Sandvoss joined Chelsea Groton Bank as Assistant Vice President and Commercial Loan Officer last spring, with over 30 years of experience in accounting, financial reporting and commercial real estate. Dawn’s previous experience as a commercial loan officer and credit manager has enabled her to develop a deep understanding of a customer’s financial situation and…
Last month, Chelsea Groton hosted a virtual small business Lunch & Learn taught by Randy Wyrofsky, CPA, on the merits and methods of financial forecasting, with a focus on incorporating scenario analysis to better grasp future financial needs, which may have drastically changed over the past year. “The Bank’s mission is to help customers and…
Whether new to the neighborhood like The Tin Peddler in North Stonington, or a long-time Mystic staple like S&P Oyster Restaurant and Bar, Chelsea Groton worked in big ways and small to lend financial support and expertise to area businesses (including many eateries) over the last year, and continues to do so as we move…
If you’re looking to purchase a home, it’s important to take certain steps ahead of time, so when you find the perfect home, you’re ready to make an offer. Here are five steps to buying a home to keep in mind: 1. Get your credit in order. Having good credit is essential to getting approved for…
We’d like you to meet Alyssa Bryan! Alyssa’s passionate about staying on top of new banking products and helping members resolve fraud claims. She loves spending time with family and friends and dreams of vacationing in an overwater bungalow in the South Pacific. 1. What is your current role and department?Digital Banking Operations Specialist 2….
Rebecca Magner joined the Bank five years ago as Assistant Branch Manager of the Pawcatuck branch. In 2017, she transferred to the Groton branch in the same role, and in 2018, moved back “home” to the Pawcatuck branch as the Customer Solutions Manager. Rebecca is passionate about helping community members and her team members achieve…
Among the many business banking solutions that Chelsea Groton offers businesses of all sizes, Positive Pay enables businesses or organizations to upload a file of issued checks to the Bank each day that checks are written. As checks are presented for payment, they are matched to the list of uploaded checks to ensure that all…
Chelsea Groton recently implemented a new wiring system, which complements our online Wire Transfer Service, to provide business customers with an efficient, streamlined and secure experience when sending and receiving wires. Improved EfficienciesThrough Chelsea Groton’s online Wire Transfer Service, business customers are able to submit wires directly within online banking, rather than manually sending a…
In our current environment, business owners are exploring new and convenient ways to do their banking. Chelsea Groton offers several secure treasury management solutions to help business owners achieve efficiencies. One tool that hundreds of our business customers have benefitted from is Remote Deposit Capture (RDC), which enables Chelsea Groton customers to “deposit” checks electronically…
Some people may not be aware of all that can be accomplished through a single sign-on into online banking. Businesses are able to deposit checks without visiting a branch location, pay vendors and employees electronically in order to avoid check writing, and provide employees with the convenience of direct deposit. Businesses can also initiate wire…
