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  Greater Norwich Area Chamber of Commerce | Norwich, CT 06360

Greater Norwich Area News

ARTICLE

Date ArticleType
1/5/2021
Best of Bauer Chelsea Groton Bank Continues to Thrive

FOR IMMEDIATE RELEASE
NEWS

Media Contact: Barb Curto, VP, Marketing Manager
Phone: (860) 448-4118
Email: bcurto@chelseagroton.com

Best of Bauer Chelsea Groton Bank
Continues to Thrive


GROTON, Conn. – BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly announced that Chelsea Groton Bank, New London County, Connecticut was again awarded its highest (5-Star) rating for financial strength and stability, now for 107 consecutive quarters. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more.

The “Best of Bauer Bank” designation is reserved for banks like Chelsea Groton that have earned Bauer’s highest rating (5-Stars) consistently for at least 25 consecutive years. “That’s impressive in the best of times,” notes Karen Dorway, president of the research firm. “But I can’t overstate the strength and prudence that Chelsea Groton Bank has exhibited over the past decades that got it to this point. And as we begin 2021, we have every reason to believe that Chelsea Groton Bank will continue to thrive.”

Chelsea Groton Bank was established in 1854 and has been invaluable to the communities it serves ever since. Whether at a branch, on a phone or online at chelseagroton.com, 5-Star rated Chelsea Groton Bank is ready, willing and able to serve the individuals, businesses and organizations throughout the region.

About BauerFinancial, Inc.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.

About Chelsea Groton Bank
Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.4 billion in assets. Chelsea Groton Bank’s products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education classes. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses. To learn more, please visit www.chelseagroton.com. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

 Copyright Greater Norwich Area Chamber of Commerce.  All Rights Reserved.
187 Main Street, Norwich, CT 06360
T: 860-887-1647 | Fax: 860-887-9238 | info@norwichchamber.com
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  • Home
  • Chamber Area
    • Live & Work
    • Towns We Serve >
      • Norwich, CT
      • Bozrah, CT
      • Franklin, CT
      • Griswold, CT
      • Ledyard, CT
      • Lisbon, CT
      • Montville, CT
      • Preston, CT
      • Salem, CT
      • Sprague, CT
      • Voluntown, CT
    • About Us >
      • Our Team
      • Executive Board
      • Board of Directors
    • Contact
    • Chamber Logo Link
  • Membership
    • Chairman's Circle Members >
      • The AMERICAN Group
      • Backus Hospital
      • The Bulletin
      • Byrnes Agency
      • Chelsea Groton Bank
      • HUB International New England, LLC | Chelsea Insurance Agency
      • Collins & Jewell Company, LLC
      • CorePlus Credit Union
      • Dime Bank
      • Eastern CT Savings Bank
      • Foxwoods Resort Casino
      • Hall Communications
      • Mohegan Sun Casino
      • Norwich Public Utilities
      • Putnam Bank, a divisioin of Centreville Bank
      • US Foods
    • Membership Application
    • Member Benefits >
      • Staples Rewards - Members Only
    • Getting Involved - 10 Reasons to Join GNACC
    • Host a Ribbon Cutting or Grand Opening Event
    • Committees >
      • Ambassador Committee
      • Business Education & Membership Services Committee (BizEd)
      • LEAD Program (Leadership Committee)
      • Economic Development Committee
      • Education Committee
      • Healthy Living Committee
      • Insurance Committee
      • Government Affairs Committee
    • Business Directory
  • Member Login
  • Business Directory
  • News, Events, & Programs
    • Chamber Calendar
    • Chamber News
    • Community Calendar
    • Submit a Community Event
    • Rock the Docks
    • LEAD Program (Leadership)
    • Let's Go 860
    • Healthy Living Festival
    • Restaurant Week
    • Career Fairs and Workshops
    • Small Business Week
    • GNACC SHOP LOCAL 2020
    • GNACC Holiday Bazaar
    • GNACC Annual Golf Tournament
    • Competitive Food Drive
  • Resources | LIbrary
    • GNACC Current Local Legislators
    • Business Assistance Team
    • COVID-19: Business Toolkit
    • Economic Development
    • Job Bank
    • Community Resources
    • Coupons
    • Veterans & Military * Resources & Discounts