Chelsea Groton Bank Awarded 5-Star Rating From BauerFinancial
“Chelsea Groton Bank’s ability to excel and consistently deliver a stellar financial performance is a true testament to its values and dedication,” remarks Karen Dorway, president of BauerFinancial. “Through an unwavering commitment to its customers and personal relationships, Chelsea Groton Bank has distinguished itself as one of the strongest banks in the nation.”
Chelsea Groton Bank has been making its neighbors its number 1 priority since 1854. Today, after 165 years, it is creating a better banking experience for customers through several conveniently located branches throughout New London County, a loan production office in Hartford County, and online at chelseagroton.com.
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, CT, Chelsea Groton Bank is a full-service mutually owned bank with over $1.1 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 chelseagroton.com. Member FDIC. Equal Housing Lender.
January 22, 2019
Groton, CT – BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Chelsea Groton Bank has once again been awarded its highest 5-Star rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 99 consecutive quarters makes its status indisputable as one of the Top 10% of banks in the nation in terms of its strength. This “Sustained Superiority” designation is reserved specifically for banks that have earned Bauer’s highest rating consistently for longer than 90% of the industry.
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Barbara Curto, AVP, Marketing Manager