Chelsea Groton Bank Kicks Off Fall with Free Financial Seminars

Groton, CT – Chelsea Groton Bank is producing and sponsoring a number of financial literacy seminars this fall to educate members of the community on improving credit scores, home-buying, budgeting, preventing identity theft, and more. Classes are free and open to the public.
 
“Chelsea Groton Bank is always looking for ways to provide financial tools and resources to the community,” said Pam Days-Luketich, Community Education Officer at Chelsea Groton Bank. “We host these types of courses throughout the year to help people make well-informed financial decisions for themselves and their families.”
 
Budgeting Basics
Learn how to create a budget, reduce debt and build your savings.

• Saturday, October 3, 9:00 a.m. – 11:00 a.m., New London Adult Education, Shaw’s Cove Building 3, New London
• Thursday, October 29, 6:00 p.m. – 7:00 p.m., Old Lyme Middle School, Old Lyme
• Thursday, November 12, 6:00 p.m. – 7:00 p.m., Westside Middle School, Groton     

 
Buying a Home of Your Own
Information will be provided on current options and how to get approved for mortgage financing, recent underwriting requirements, and the products that offer down payment assistance or help with costs associated with purchasing a home.

• Saturday, September 26, 9:00 a.m. – 11:00 a.m., New London Adult Education, Shaw’s Cove Building 3, New London
• Thursday, October 8, 6:00 p.m. – 7:00 p.m., Westside Middle School, Groton     
• Thursday, October 22, 6:00 p.m. – 7:00 p.m., Old Lyme Middle School, Old Lyme

 
Credit Do’s and Don’ts
Tips on repairing, establishing and maintaining your credit score will be shared. Attendees will also gain insight on what lenders are looking for when they analyze credit history.

• Thursday, September 10, 6:00 p.m. – 7:00 p.m., Westside Middle School, Groton     
• Saturday, September 19, 9:00 a.m. – 11:00 a.m., New London Adult Education, Shaw’s Cove Building 3, New London
• Thursday, October 15, 6:00 p.m. – 7:00 p.m., Old Lyme Middle School, Old Lyme

 
Financial Fitness
Review the benefits of having an emergency savings account, how to better budget income, and how to use credit wisely. Instructors will also help you identify important documents to have, and where to keep them safe.

• Tuesday, October 20, 6:00 p.m. – 7:00 p.m., Three Rivers Community College, Norwich

 
Identity Theft
Preventing & Resolving Identity Theft
Understand how to recognize if you’re a victim of identity theft and how to protect yourself. This session will be focused on preventing elder abuse.

• Thursday, October 29, at 1:00 p.m. – 2:00 p.m., Sprague Senior Center, Sprague

 
Shredding Services
Bring up to three file size boxes of confidential, personal and business documents for complimentary shredding, to help prevent identity theft. Identity theft materials will be available.

• Saturday, October 24, 10:00 a.m. – 1:00 p.m., Otis Library, Norwich 

 
What is a Reverse Mortgage and is it Right for You?
During this interactive seminar, learn about reverse mortgages, how to use your home to stay at home, the options available to you as a homeowner, and the advantages and the disadvantages you need to consider before deciding if a reverse mortgage is right for you.

• Saturday, October 17, 9:00 a.m. – 11:00 a.m., New London Adult Education, Shaw’s Cove Building 3, New London
• Thursday, November 5, 6:00 p.m. – 7:00 p.m., Old Lyme Middle School, Old Lyme     

To learn more about these and other classes being offered, visit https://chelseagroton.com/OurstrongCommunitystrong/EducationPrograms.aspx.  Contact Pam Days-Luketich at PDays-Luketich@chelseagroton.com or 860-572-4024 with any questions.  

About Chelsea Groton Bank
Based in Groton, CT, Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County and a Loan Production Office in Hartford County. The Bank has over $975 million in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com. Member FDIC. Equal Housing Lender.