Best of Bauer Chelsea Groton Bank Continues to Thrive

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.

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