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The Chelsea Groton Foundation awarded $608,800 in grants to 119 non-profit organizations from Connecticut and Rhode Island. Inclusive of these donations, the Foundation has awarded $8.1 million in total grants to the community since 1998. “Strong communities are built when neighbors, organizations, and local businesses come together with a shared commitment to supporting one another….
Chelsea Groton Bank is pleased to announce that Gary Miller has joined the Bank as Senior Vice President, Commercial Lending Department Manager. In this role, Gary will lead commercial lending initiatives, oversee a portfolio of business relationships, and support the continued growth and success of the Bank’s commercial lending team. “We’re excited to welcome Gary to…
GROTON, Conn. – Chelsea Groton Bank has been named to the Forbes list of America’s Best-In-State Banks for the sixth consecutive year. This prestigious recognition is presented in partnership with Statista, a leading global provider of market data and industry rankings. The award list is available on the Forbes website. “We’re honored to be recognized…
Chelsea Groton Bank has announced the promotion of Richard Balestracci to Chief Lending Officer. Balestracci succeeds Michael Sheahan, who retired after 13 years of dedicated service to the Bank. During his tenure, Sheahan played an instrumental role in shaping Chelsea Groton’s lending strategy and strengthening its position as a trusted financial partner across the region….
Chelsea Groton Bank is hosting a Career Fair for candidates interested in exploring potential careers in banking on Tuesday, July 14th from 4:30 – 6:00 PM at the Bank’s Norwich-Westside Branch, 444 West Main Street, Norwich, CT. Designed to connect interested candidates with Chelsea Groton team members, the Career Fair will offer valuable insight into…
Chelsea Groton Bank celebrated 172 years of serving the communities of southeastern Connecticut on July 3. In honor of this milestone and America’s 250th, all Bank team members were invited to select a non-profit organization to be the recipient of a $250 donation from the Chelsea Groton Foundation through the Acts of Kindness program. Through…
Daniela Ness, NMLS #531581, was recently promoted to Mortgage Specialist at Chelsea Groton Bank. In this role, Daniela will work closely with customers to guide them through the mortgage process, providing personalized support to help them achieve their homeownership goals. “Daniela’s experience supporting homeowners through challenging market conditions, along with her background in branch operations and retail lending, gives her a well-rounded perspective that benefits our customers,”…
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, excelling in areas such as capital adequacy, profitability, asset quality, and more. June 2026 marks the 129th consecutive quarter that Chelsea Groton Bank has earned this distinction,…
Chelsea Groton Bank is hosting a Career Expo for candidates interested in exploring potential careers in banking on Tuesday, June 2nd from 4:30 – 6:30 PM at the Bank’s Headquarters building, 904 Poquonnock Road, Groton, CT. The Career Expo is designed to facilitate conversations between interested candidates and Bank team members from all departments, offer perspective on open positions and career pathways available at…
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…
