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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…
During the school year, students are taught about math, literature, science, and history. But what about finances? Don’t fret, Chelsea Groton has teens and young adults covered with our Chelsea U Student Banking Program. “When opening their first Chelsea U Student Banking account, our student customers are finding financial independence,” said Marjarie Perrone, Customer…
Chelsea Groton is proud to introduce a Retail Branch Management Training Program, a 12-month curated program that includes hands-on training and experience with a defined professional development plan. “We understand everyone learns differently so this program includes both instructor-led and self-paced learning,” explained Rebecca Magner, VP, Learning & Development Manager at Chelsea Groton Bank. “The…
Finding a college, moving into a dorm, making new friends, and diving into student life is enough to worry about. Life as a college student can be an exciting time but money is typically tight, and fraudsters know this! Fast cash promises, financial payment pressures, and jobs scams are just a few of the forms…
Scammers are constantly adapting to new ways to try to separate you from your money. One newer tactic that has been gaining traction in 2024 is pig butchering. Pig butchering is a long-con cryptocurrency scam that uses human emotions to prey upon its victims. From 2023 to 2024, the FBI estimates Americans lost nearly $4…
Summer is a time full of fun activities, travel, and excursions. With something exciting always around the corner, it’s easy to become lax when it comes to keeping an eye out for scams. Here are some summer situations that scammers hope to get you on while you’re in “relaxation mode”. Vacation Rental Scam When it…
Chelsea Groton is out and about in the community all summer long! Wave and say hi if you see our team members at local concerts, festivals, or at the Bozrah Farmer’s Market all season long. Want to see where we are heading? Check out some of the events below! Bozrah Farmers MarketFridays from July 12…
Looking for a fun (and educational) way to keep the “I’m bored” comments at bay? Keep the learning gears turning this summer by participating in Chelsea Groton’s STEAM classes for kids ages 6 – 12! Classes are held Monday, Wednesday and Friday in-person at the Bank’s Norwich Westside location (444 West Main Street) or virtually…
Manage My Money is a powerful financial tool that’s built to help you! Looking for a more streamlined way to view your finances? Or want to try new budgeting techniques? Check the list below of all the things you may not have known Manage My Money can do! Did you know… Explore all the ways…
