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Chelsea Groton Bank team members graduated from the Center for Financial Training (CFT), the Chamber of Commerce of Eastern CT’s (Chamber ECT) Leadership Program, the Greater Norwich Area Chamber of Commerce (GNACC) LEAD Program, and the Connecticut Bankers Association’s (CBA) Connecticut School of Finance and Management (CSFM). Team members also completed additional schooling and earned…
Anthony A. Joyce, III, has been promoted to President & Chief Executive Officer for Chelsea Groton Bank, and an additional 25 employees also received promotions following a Board of Trustees meeting. A lifelong resident of Southeastern Connecticut, Joyce has 40 years of banking experience. Prior to joining Chelsea Groton, he worked for many years at…
This fall, the Chelsea Groton Foundation provided $173,975 to 37 non-profit organizations from Connecticut and Rhode Island. The Foundation has distributed over $500,000 to the community this year, including $294,000 in grants during the spring giving cycle, $8,500 in scholarships, $22,100 through the Acts of Kindness program, and over $13,000 in employee matches for the…
Chelsea Groton Bank held a ribbon cutting ceremony for its reinvented Niantic branch at 21 Pennsylvania Avenue, Niantic. The ceremony included remarks from Holly Cheeseman, Connecticut State Representative and Executive Director of Niantic Children’s Museum, and Tony Sheridan from the Chamber of Commerce of Eastern CT. Chelsea Groton’s President and CEO Michael Rauh and Chief…
Chelsea Groton Bank announced that its Confidence Builder Banking program was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 – 2022). The national safe account standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features…
Chelsea Groton Bank has been awarded a Top Workplaces 2022 honor by Hartford Courant Top Workplaces, marking seven consecutive years of receiving this honor. “Being recognized with this honor year after year, tells me that our team members, who are vital to our company’s success, feel valued and proud of the work they do each…
GROTON, Conn. – B. Michael Rauh Jr., President and CEO of Chelsea Groton Bank, has announced his plans for retirement after 12 years of leading the financial institution through tremendous growth. Anthony A. Joyce III, EVP, Chief Operating Officer at Chelsea Groton, has been named by the Board of Trustees as the Bank’s next President…
Chelsea Groton Bank’s Rich Balestracci has been promoted to Senior Vice President, Commercial Lending Department Manager. In Rich’s new role as Commercial Lending Department Manager, he will assume leadership of the Bank’s commercial lending team, in addition to maintaining a portfolio of loan customers. Since Rich joined the Bank in 2014, he has assumed roles…
Lauren Vincent has recently been promoted to Assistant Secretary, Small Business Loan Officer at Chelsea Groton Bank. In this role, Lauren will work to develop small business loan relationships across the Banks’ market areas. Most recently, Lauren was a Commercial Portfolio Administrator at Chelsea Groton Bank. Prior to that, she was a Commercial Credit Manager…
Chelsea Groton Bank, along with contractor, Carlin Construction Company, and architect, Bisbano + Associates, officially broke ground at the Bank’s headquarters on Poquonnock Road in Groton. The bank’s 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 in an environment conducive…
