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Chelsea Groton Bank Introduces Small Business Relief Loan

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…

Chelsea Groton Foundation Approves $345K in Grants this Fall

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 Bank Selected to Participate in Equity Program

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 of Chelsea Groton Bank Named ‘New Leader in Banking’

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 Graduates Two from Chamber ECT Leadership Program

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 Lending Center Now Open in Hartford County

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,…