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Chelsea Groton Bank has been recognized on the Forbes list of America’s Best-In-State Banks for the fifth consecutive year (2021 – 2025). This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list can be viewed on the Forbes website. “We are honored to be recognized…
Chelsea Groton Bank has named Marikate Murren, Senior Vice President, Chief People Officer, to lead all human capital and talent strategies across the organization. “We’re delighted to welcome Marikate Murren, a transformational thought leader and strategist, to the Chelsea Groton team. Her impressive background in Human Resources and her innovative approach will be instrumental in…
The Chelsea Groton Foundation awarded $668,162 in grants to 158 non-profit organizations from Connecticut and Rhode Island. Inclusive of these donations, the Foundation has awarded $7.7 million in total grants to the community since 1998. “The Chelsea Groton Foundation is proud to announce this year’s distribution of community grants. As a mutual community bank, we’re…
Chelsea Groton Bank celebrated 171 years of serving the communities of southeastern Connecticut on July 3. In honor of this milestone, all Bank team members were invited to select a non-profit organization to be the recipient of a $100 donation from the Chelsea Groton Foundation, through the Acts of Kindness program. Through this year’s initiative,…
Chelsea Groton Bank is proud to announce the opening of its new Downtown Norwich branch at the Mercantile Exchange Building, located at 55 Main Street, Norwich. This milestone marks the continuation of the Bank’s longstanding commitment to the Norwich community, where Chelsea Groton’s roots date back to 1858. “Chelsea Groton Bank has been dedicated to…
The City of New London unveiled the Chelsea Groton Bank Gymnasium, and announced a $275,000 gift from the Chelsea Groton Foundation, an investment in New London’s future and commitment to community well-being, during the ribbon cutting ceremony at the New London Community Recreation Center on Wednesday, June 25, 2025. The grant will be distributed over…
BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, acknowledged Chelsea Groton Bank for its continued 5-Star status, excelling in areas of capital, loan quality, and more. June 2025 marks the 125th consecutive quarter that Chelsea Groton Bank has earned this distinction, which gives it the added prestige of being a “Best of Bauer Bank”. Only…
As Chelsea Groton Bank approaches its 171st anniversary, historical pieces once displayed in the Bank’s downtown Norwich building are being given a new life at the Slater Museum of Norwich Free Academy and Mystic River Historical Society. The Bank recently donated portraits of two former presidents of Chelsea Savings Bank, Lorenzo Blackstone and Edward Harland….
Chelsea Groton Bank is hosting a Career Fair for candidates interested in exploring potential careers in banking, as well as summer internships, on Tuesday, May 6th from 4 – 6 PM at the Bank’s Norwichtown Branch, 50 Town Street, Norwich, CT. The Career Fair is designed to facilitate conversations between interested candidates and Bank team…
During Chelsea Groton Bank’s 170th Annual Meeting on Thursday, April 10, 2025, President and CEO Anthony A. Joyce, III, shared the Bank’s 2024 results with Bank officers, Board members, and Corporators. As of December 31, 2024, the Bank’s total assets reached $1.7 billion. Net operating income remained strong at $16,051,446 in 2024, down slightly from…
