Chelsea Groton Bank Offers Free Financial Seminars This October

Groton, CT – Chelsea Groton Bank is producing and sponsoring a number of financial literacy seminars this October to educate members of the community on improving credit scores, home-buying, budgeting, preventing identity theft, and more. Included in this October’s class offering is a credit and home-buying seminar that will be offered in English and Spanish. All 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, AVP, Community Outreach Officer at Chelsea Groton Bank. “We are excited about the mix of course topics we will be offering this October, and throughout the fall, and hope these classes help individuals make well-informed financial decisions for themselves and their families.”
 
Home Buying Seminar: Information will be provided on current options and how to get approved for mortgage financing, recent underwriting requirements, and products that offer down payment assistance or help with costs associated with purchasing a home.

• Saturday, October 1 at 9:00 a.m. at New London Adult Education, Shaw’s Cove #3, New London
• Thursday, October 20 at 6:00 p.m. at Old Lyme Middle School, 53 Lyme St., 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.

• Tuesday, October 4 at 6:00 p.m. at Waterford High School, 20 Rope Ferry Rd., Waterford
• Saturday, October 15 at 9:00 a.m. at New London Adult Education, Shaw’s Cove #3, New London
• Thursday, October 27 at 5:30 p.m. at Chelsea Groton Bank Lending Center, 273 Hebron Ave., Glastonbury 

Credit/Home Buying Seminar / Seminario Sobre la Compra de Casas/Crédito (Offered in English and Spanish): 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, how to get approved for mortgage financing, recent underwriting requirements, and products that offer down payment assistance or help with costs associated with purchasing a home, in both English and Spanish.

• Wednesday, October 5 at 5:00 p.m. at 56 Branford Ave., Building 32 “The Hess”, Groton 

Budgeting Basics: Learn how to create a budget, reduce debt and build your savings.

• Wednesday, October 19 at 5:30 p.m. at Groton Public Library, 52 Newtown Rd., Groton 

Money Smart for Older Adults: We’ll discuss common types of elder financial exploitation, scams that target veterans and homeowners, identity theft, and how to plan financially for unexpected life events or disasters.

• Saturday, October 22 at 9:00 a.m. at New London Adult Education, Shaw’s Cove #3, New London  

What is a Reverse Mortgage and is it Right for You?: Learn about reverse mortgages, 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 29 at 9:00 a.m. at New London Adult Education, Shaw’s Cove #3, New London 

To learn more about these classes, as well as additional courses being offered throughout the fall, 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 $1 billion 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.