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At its best during the hardest of times, Chelsea Groton Bank marks a year of embracing change, adapting, and thriving. Chelsea Groton Bank reported impressive financial, educational, technical and community-based accomplishments at its 167th Annual Meeting at the Mystic Marriott on Monday, April 11, 2022. President and CEO Michael Rauh presented the Bank’s 2021 results to…
As part of Chelsea Groton’s ongoing commitment to diversity, equity, inclusion and accessibility for all, the Bank now offers complimentary video interpreter services in 240 languages and American Sign Language from all branch locations through the Bank’s partnership with LanguageLine Solutions®. Chelsea Groton will continue to offer phone interpreter services, available at all bank locations…
Patrick L. Green, FACHE, President and CEO of L&M Healthcare and Executive Vice President of Yale New Haven Health, was recently elected to Chelsea Groton Bank’s Board of Trustees. Green became a Corporator of the Bank in 2020. Green is filling the remaining term of retiring Lead Trustee Dennis Cambria, DDS, who served as a…
Chelsea Groton Bank is pleased to announce the promotion of 21 employees following a Board of Trustees meeting. “Chelsea Groton Bank has been successful for over 167 years because of the dedication and commitment each member of Team Chelsea has for their job and the communities we serve,” said Michael Rauh, President and CEO of…
Jessica Todd was recently promoted to Senior Vice President, Director of Finance and Accounting at Chelsea Groton Bank. She is responsible for all aspects of the Bank’s finance function including staff, systems, and financial reporting, and now also has additional senior management responsibilities. Jess joined the Bank’s Accounting team in 2004, and has held roles…
Chelsea Groton Bank recently introduced the ONE CHELSEA initiative, which highlights the strength of the Bank’s continuous commitment to diversity, equity, and inclusion throughout history, and its focus on ensuring an ongoing sense of belonging for all, today and in the future. Led by a Diversity, Equity and Inclusion steering committee, the mission of ONE…
July 2021 – Chelsea Groton Bank team members recently graduated from the Center for Financial Training (CFT), the Chamber of Commerce of Eastern CT’s (Chamber ECT) Leadership Program, and the Connecticut Bankers Association’s (CBA) Connecticut School of Finance and Management (CSFM). Team members also completed the American Bankers Association (ABA) Marketing School and earned professional certifications…
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…
