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Chelsea Groton Bank is pleased to partner with the Connecticut Housing Finance Authority (CHFA) to help borrowers with documented disabilities to purchase their first home, through the Home of Your Own Program. The Home of Your Own Program allows borrowers to be eligible for a low-interest rate loan and down-payment assistance if the borrower or…
Chelsea Groton Bank is pleased to introduce Chelsea|LIVE Video Banking, a new digital personal experience that gives members the flexibility to bank when, where and how it’s most convenient. There are currently two ways to connect with a Video Banker – either at one of the Bank’s walk-up or drive-up Video Banking ATMs (VBMs), or…
This year, Chelsea Groton Bank and its Foundation gave a record $1,000,000 to non-profit organizations in our communities. The Foundation recently approved $405,820 in grants to 68 non-profit organizations from Connecticut and Rhode Island, which put the full year’s giving total above the $1 million mark for the first time ever. Earlier this year, the…
Chelsea Groton Bank is proud to introduce a Small Business Relief Loan program for businesses based in Connecticut or Rhode Island, providing business owners a simple way to access up to $10,000 in funding while working to recover from challenges of the Covid-19 pandemic. At this time, $2,500,000 in funding has been allocated for this…
This fall, the Chelsea Groton Foundation approved $345,810 in grants to 59 non-profit organizations from Connecticut and Rhode Island. Half of the approved funding went to organizations providing Health & Human Services, including immediate critical needs such as healthcare, food, clothing and shelter. A grant donation of $25,000 was provided to Lawrence & Memorial Hospital…
Chelsea Groton was selected to once again participate in the Federal Home Loan Bank of Boston’s (FHLBB) Equity Builder Program. Through this program, Chelsea Groton is able to work with first-time homebuyers to receive up to $15,000 in down payment assistance. “Chelsea Groton has always been committed to meeting customers where they are and exploring…
Matthew Morrell, VP, Retail Lending Sales Manager, was recently selected as a New Leader in Banking by the CT Bankers Association and Connecticut Banking Magazine. This honor is awarded to up-and-coming professionals from across Connecticut. The 15 recipients are considered to be outstanding employees who have made a notable impact in their bank and their…
Chelsea Groton’s Melinda Burridge, AVP, Regional Sales & Service Manager and Matt Morrell, VP, Retail Lending Sales Manager, recently graduated from the Chamber ECT Leadership Program. Ishmael Bryan, AVP, Collection Manager and co-president of the 2016 graduating class, gave remarks during the ceremony. The Leadership Program was developed to expose promising leaders to issues that…
Chelsea Groton Bank has officially opened its doors at the new Loan Production Office (LPO) at 273 Hebron Avenue, Glastonbury. Lending personnel are based at the LPO to better assist individuals, families and businesses in Hartford County with finding financial solutions that best meet their needs. The Lending Center offers convenient hours of operation: Monday – Friday,…
