Chelsea Groton Bank: A Cornerstone of Financial Stability in Groton

Nestled in the historic town of Groton, Connecticut, Chelsea Groton Bank has stood as a pillar of financial stability and prosperity for over 125 years. Renowned for its exceptional financial services and unwavering commitment to the community, Chelsea Groton Bank embodies the true essence of a trusted financial institution.

A Legacy of Excellence and Innovation

Since its inception in 1897, Chelsea Groton Bank has consistently evolved to meet the ever-changing needs of its customers. From humble beginnings as a small savings bank, the institution has transformed into a full-service financial hub, offering a comprehensive suite of banking, lending, and investment solutions.

One of the bank's most notable milestones was its merger with Groton Savings Bank in 2017. This strategic move solidified Chelsea Groton Bank's position as the largest financial institution based in New London County, with assets exceeding $3 billion. The merger also expanded the bank's branch network, providing convenient access to financial services for residents and businesses throughout the region.

Unwavering Commitment to the Community

Chelsea Groton Bank is more than just a financial institution; it is an integral part of the fabric of the Groton community. As a Certified B Corporation, the bank is deeply committed to social and environmental responsibility, actively investing in initiatives that promote economic growth and well-being.

Through its philanthropic endeavors, Chelsea Groton Bank supports a wide range of charitable organizations and community development projects. The bank believes in the power of collaboration and partners with local nonprofits and businesses to address critical issues affecting the community.

Exceptional Financial Services for Every Need

Chelsea Groton Bank offers a comprehensive portfolio of banking, lending, and investment services designed to cater to the unique financial goals of individuals, families, and businesses. Whether you're saving for the future, purchasing a home, or growing your business, the bank's team of experienced professionals is here to provide personalized guidance and support.

Personal Banking

• Checking and savings accounts with competitive rates
• Personal loans for various purposes, including debt consolidation and home improvements
• Credit cards with rewards programs and low interest rates
• Wealth management services for long-term financial planning

Business Banking

• Business checking and savings accounts with tailored solutions
• Commercial loans for start-ups, expansions, and equipment purchases
• Lines of credit for working capital and cash flow management
• Merchant services for accepting credit and debit cards

Investment Services

• Investment advisory services for portfolio management and financial planning
• Retirement planning through IRAs, 401(k)s, and other tax-advantaged accounts
• Trust and estate planning for preserving wealth and ensuring a seamless transition

Why Chelsea Groton Bank Matters

In a world where financial stability and personalized service are increasingly rare, Chelsea Groton Bank stands out as a beacon of trust and excellence. Here's why choosing Chelsea Groton Bank matters:

• Local Expertise and Decision-Making: Decisions are made locally, ensuring that the bank's services are tailored to the specific needs of the Groton community.
• Strong Financial Foundation: With assets exceeding $3 billion, Chelsea Groton Bank provides a secure and stable foundation for your financial well-being.
• Excellent Customer Service: The bank's friendly and knowledgeable staff is dedicated to providing exceptional service, going above and beyond to meet your needs.
• Community Involvement: As a Certified B Corporation, Chelsea Groton Bank is deeply invested in the economic and social prosperity of Groton.

Benefits of Banking with Chelsea Groton Bank

Choosing Chelsea Groton Bank as your financial partner comes with numerous benefits for your personal and financial well-being:

• Peace of Mind: Knowing that your finances are in the hands of a trusted and reputable institution provides unparalleled peace of mind.
• Tailored Solutions: The bank's personalized approach ensures that your financial needs are met with customized solutions that align with your unique goals.
• Competitive Rates and Fees: Chelsea Groton Bank offers competitive rates on accounts and loans, helping you save money and grow your wealth.
• Convenient Access: With branches conveniently located throughout Groton and surrounding areas, as well as online and mobile banking services, accessing your accounts is a breeze.

Testimonials from Satisfied Customers

"I've been banking with Chelsea Groton Bank for over 25 years, and I've always been impressed with their exceptional service and commitment to the community." - Mary Jones, Groton resident

"Chelsea Groton Bank helped me secure a loan to purchase my first home. The process was seamless, and the loan officer was incredibly helpful." - John Smith, homeowner

"As a small business owner, I rely on Chelsea Groton Bank for my business banking needs. Their commercial loan helped me expand my operations and create new jobs in the community." - Tom Brown, business owner

Stories and Lessons Learned

1. The Power of Local Partnerships: A collaboration between Chelsea Groton Bank and a local nonprofit organization resulted in the creation of a new affordable housing development in Groton, providing much-needed homes for low-income families.

Lesson: Partnerships between financial institutions and community organizations can drive economic growth and social equity.

2. Financial Education for Students: Chelsea Groton Bank's "Money Fit" program teaches financial literacy to school children, fostering responsible financial habits from a young age.

Lesson: Investing in financial education is crucial for building a financially literate society.

3. Supporting Local Entrepreneurs: Chelsea Groton Bank provided a small business loan to a local entrepreneur who launched a successful tech start-up, creating jobs and contributing to the local economy.

Lesson: Access to capital is vital for small businesses to thrive and create economic growth.

Frequently Asked Questions

1. What is Chelsea Groton Bank's address?

Chelsea Groton Bank has multiple branches located throughout Groton and the surrounding areas. Visit the bank's website for a complete list of branch locations.

2. What are Chelsea Groton Bank's hours of operation?

Branch hours vary depending on the location. Please refer to the bank's website or call your local branch for specific hours.

3. How do I open an account with Chelsea Groton Bank?

You can open an account online, at any branch, or by calling the bank's customer service line.

4. Does Chelsea Groton Bank offer online banking?

Yes, Chelsea Groton Bank offers convenient online and mobile banking services, allowing you to manage your accounts anytime, anywhere.

5. What is Chelsea Groton Bank's Routing Number?

Chelsea Groton Bank's Routing Number is 211381600.

6. Is Chelsea Groton Bank insured?

Yes, Chelsea Groton Bank is insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum allowable amount.

Call to Action

Experience the difference of banking with a local, trusted, and socially responsible financial institution. Visit a Chelsea Groton Bank branch today or open an account online to discover how we can help you achieve your financial goals while giving back to the community.

Additional Tables

Table 1: Chelsea Groton Bank's Financial Highlights

Table 2: Branch Locations

Branch Address | Hours | Phone Number
|---|---|---|
| 125 Poquonnock Road, Groton, CT | Monday-Friday: 9am-5pm | (860) 446-8000
| 1121 Poquonock Road, Groton, CT | Monday-Friday: 9am-5pm | (860) 445-5300
| 5661 Norwich New London Turnpike, Groton, CT | Monday-Friday: 9am-5pm | (860) 445-3900

Table 3: Banking Options

Type of Account | Features
|---|---|
| Checking | Debit card access, online banking, bill pay |
| Savings | High-yield savings, no monthly maintenance fee |
| Money Market | High-yield savings with check-writing privileges |
| Personal Loan | Flexible repayment terms, competitive rates |
| Credit Card | Rewards program, low interest rates |