What’s New At Chelsea Groton

During Chelsea Groton Bank’s 171st Annual Meeting on Thursday, April 30, 2026, President and CEO Anthony A. Joyce, III, shared the Bank’s 2025 financial results with Bank officers, Board members, and Corporators.  As of December 31, 2025, the Bank’s total assets reached $1.75 billion. Net operating income grew to $24,017,075. Deposits were comparable to the prior year, declining slightly by 2%. Total net loans increased by $71 million and capital grew…

Chelsea Groton Bank announced a new partnership with Thrive Payments, a New England-based payment processing provider, to offer enhanced merchant services solutions to business customers throughout the region.   Through this partnership, Chelsea Groton Bank will connect local businesses with a wide range of payment processing solutions designed to meet the needs of merchants of all sizes, from small mobile…

Chelsea Groton Bank has once again earned recognition from BauerFinancial, Inc., the nation’s leading bank rating firm, for maintaining its prestigious 5-Star rating for financial strength and stability. March 2026 marks the 128th consecutive quarter, an accumulated 32 years, that Chelsea Groton Bank has earned this distinction, which gives it the added prestige of being a “Best of Bauer Bank”.   “Community…

Jeanette Ziegler, Chief Operating Officer for Native Americans in Philanthropy, was recently elected to Chelsea Groton Bank’s Board of Trustees. She became a Corporator of the Bank in 2024.    “Jeanette brings an extraordinary depth of experience in tribal government, strategic leadership, and complex organizational management,” said Anthony Joyce, President and CEO of Chelsea Groton Bank. “Throughout her career with the Mohegan Tribe, she…