Chelsea Groton Bank to Start 2025 with 5-Star Strength

GROTON, Conn. – 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. December 2024 marks the 123rd consecutive quarter that Chelsea Groton Bank has earned this distinction, which gives it the added prestige of being a “Best of Bauer Bank”. Only banks that have earned and maintained this highest 5-Star rating for 25 years (100 consecutive quarters), or longer, may claim this distinction.

“Local decisions, responsive service and dedication to making the community a better place to live, these are the hallmarks of community banks, like Chelsea Groton Bank,” champions Karen L. Dorway, president of BauerFinancial. “Understanding what the community needs and providing the financial support tailored to those needs, is what community banking is all about. We at Bauer are never surprised, but always pleased when community banks - Chelsea Groton Bank included - are also at the top of their own financial game,” she continued.
 
Since its inception in 1854, Chelsea Groton Bank has been an ardent supporter of the people and organizations in the communities it serves. Learn more at www.chelseagroton.com.
 
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 $1.7 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, 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.