Share your news! Members can submit news and events in the member portal. Login to start submitting. B. Michael Rauh Jr., President and CEO of Chelsea Groton Bank, has announced his plans for retirement after 12 years of leading the financial institution through tremendous growth. Anthony A. Joyce III, EVP, Chief Operating Officer at Chelsea Groton, has been named by the Board of Trustees as the Bank’s next President and CEO, effective January 1, 2023.
Under Rauh’s leadership, Chelsea Groton Bank almost doubled in size, surpassing $1.5 billion in assets, expanded its lending footprint, and underwent a United Way of Southeastern Connecticut’s Board of Directors has approved funding in the amount of $1,791,654 for the fiscal year 2022-23. This funding supports 40 health and human service programs at 23 local nonprofit agencies in New London County that work together to provide a vital safety net of services to help those in need.
The Board affirmed its commitment to the community by approving funding United Way’s four key areas of impact that improve people’s lives: Basic Needs; Community Wellness; The Chamber of Commerce of Eastern CT Foundation recently awarded numerous grants to support 30 programs that benefit children and families in the region.
The mission of the Foundation, a 501(c)3 overseen by a volunteer board with support from the Chamber of Commerce of Eastern CT, is to enhance and enrich education and economic opportunities for children and families through generous donations from the business community. The Foundation provides local child-focused non-profits with crucial resources that Grants support programs that benefit children and families in Eastern CT
The Chamber of Commerce of Eastern CT Foundation awarded grants in excess of $94,000 in support of 37 programs that benefit children and families in the region on March 24, 2020.
“At this critical time for many nonprofits, the Foundation worked to swiftly disburse funds to the recipients,” said Tony Sheridan, President and CEO of the Chamber of Commerce of Eastern CT. “The Board members did a wonderful job of making ready the Eastern CT – The Chamber of Commerce of Eastern CT Foundation has announced the distribution of $120,000 to 37 eastern CT non-profits that will improve the quality of life for thousands of children in the region.
This year’s disbursement reflects the highest-ever amount distributed by the Foundation and marks a twelve percent increase over the 2018 grant disbursement.
The Foundation raised funds throughout 2018 with fundraisers including the 7th Annual Bowl-a-Thon at High Rollers Luxury Lanes at Foxwoods Groton, CT – The Chelsea Groton Foundation approved funding $315,663 in grants to 40 non-profit organizations from Connecticut and Rhode Island this fall. Included in this dollar amount is a $100,000 grant to NCDC for Global City Norwich, a multi-year project of revitalizing Downtown Norwich, as well as a commitment of $100,000 over the next five years to the National Coast Guard Museum Association, Inc. Chelsea Groton is the first mutual or community bank to give a major gift to the campaign for the United Way of Southeastern Connecticut’s Board of Directors has approved funding in the amount of $2,201,636 for the fiscal year 2018-19. This funding supports 49 programs at 25 nonprofit agencies in New London County that work together to provide a vital network of services to help those in need.
Leading the program review and fund distribution are sixty-five trained and knowledgeable volunteers who live or work in New London County who contribute approximately forty hours of volunteer work over several Waterford, CT – The Board of Directors of Charter Oak Federal Credit Union has appointed Joyce L. Gresh as Chairperson of its Supervisory Committee, which is responsible for oversight and audit responsibilities for the credit union’s seven-member Board of Directors.
“Joyce’s talents as an administrator, educator and active volunteer in many of our communities have served us well on our Supervisory Committee,” said Guy Henry, Chairman of Charter Oak’s Board of Directors. “Our Supervisory Committee plays an Eastern CT – The Chamber of Commerce of Eastern CT Foundation has announced the distribution of $107,400 to 38 eastern CT non-profits that will improve the quality of life for thousands of children in the region.
The Foundation raised funds throughout 2017 with fundraisers including the 6th Annual Bowl-a-Thon at High Rollers Luxury Lanes at Foxwoods Resort Casino in April and the 34th Annual Holiday Gala held at Mohegan Sun in December.
“I would like to thank the community for its continued support of Groton, CT – Chelsea Groton Bank is pleased to announce the promotion of 17 employees, including five members of the Bank’s senior leadership team, following a Board of Trustees meeting.
“Chelsea Groton Bank has been successful for over 160 years because of the hard-working team of people we have here,” said Michael Rauh, President and CEO of Chelsea Groton Bank. “Each of the employees earning a promotion is innovative, collaborative, trustworthy, professional, knowledgeable and versatile, and has shown Eastern CT – The Chamber of Commerce of Eastern CT Foundation has announced the distribution of $113,300 to 38 eastern CT nonprofits that will improve the quality of life for thousands of children in the region.
The Foundation raised funds throughout 2016 with fundraisers including the 5th Annual Bowl-a-Thon at High Rollers Luxury Lanes at Foxwoods Resort Casino in April and the 33rd Annual Holiday Gala held at Mohegan Sun in December.
“The number of grant requests this year was unprecedented at Chamber Foundation Provides $103,987 to 35 Nonprofits That Benefit Local Children and Families
Eastern CT – The Chamber of Commerce of Eastern CT Foundation has announced the distribution of $103,987 to 35 eastern CT nonprofits that will improve the quality of life for thousands of children in the region.
The Foundation raised funds throughout 2015 with fundraisers including the 4th Annual Bowl-a-Thon at High Rollers Luxury Lanes at Foxwoods Resort Casino in April and the 32nd Annual Holiday Gala held
Chamber Foundation Provides $88,674 to 27 Nonprofits to Benefit
Thousands of Children and Families in Region
Waterford, CT — The Chamber of Commerce of Eastern Connecticut Foundation today announced the distribution of $88,674 to 27 eastern Connecticut nonprofits that will improve the quality of life for thousands of children in eastern Connecticut.
The Foundation raised funds throughout 2014 with fundraisers including the Annual Bowl-a-Thon at Foxwoods in April and the Annual Holiday Gala held at
Chelsea Groton Bank CEO B. Michael Rauh Jr. Set to Retire End of Year; Anthony A. Joyce III, Current EVP, Chief Operating Officer to Take Helm
United Way Announces Funding to Local Nonprofits
Chamber of Commerce of Eastern CT Foundation Awards $75,050 to 30 Local Organizations
Chamber of Commerce of Eastern CT Foundation Awards Over $94,000 to 37 Local Organizations
Chamber Foundation Provides $120,000 to 37 Non-Profits That Benefit Local Children and Families
Chelsea Groton Foundation Approves Funding Over $315K in Grants to Area Organizations
United Way announces more than $2.2 million in funding to local health and human services
Charter Oak Appoints Joyce Gresh as Supervisory Committee Chair
Chamber Foundation Provides $107,400 to 38 Eastern CT Non-Profits
Chelsea Groton Bank Promotes 17
Souper Bowl of Caring for St. Vincent de Paul Place Jan 29-Feb 4
Chamber Foundation Provides $113,300 to 38 Nonprofits
Chamber Foundation Announces 35 Grant Recipients for 2016
Chamber Foundation Announces 27 Grant Recipients for 2015
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