Chelsea Groton Bank:

A Higher Plane in Banking

 

January 2011:  BauerFinancial, Inc., Coral Gables, Florida, the nation’s bank rating firm, proudly recognizes Chelsea Groton Bank, Norwich, Connecticut as one of the strongest banks in the nation. Having earned BauerFinancial’s highest 5-Star rating for strength and stability, Chelsea Groton Bank has once again proven its commitment to superiority. To earn Bauer’s 5-Star Superior rating, Chelsea Groton Bank must excel in areas of capital adequacy, delinquent loan levels and profitability to name just a few. The fact that Chelsea Groton Bank has done so for 67 consecutive quarters puts it on an even higher plane of “Exceptional Performance Banks”. This group consists of those institutions that have earned this highest rating for ten straight years. 

 

"The staff and management of Chelsea Groton Bank should be very proud to work for such a strong financial institution,” notes Karen L. Dorway, president of the research firm. “Often the general public does not know the financial strengths or weaknesses of their bank, so BauerFinancial's highest rating helps to assure customers and the community that they are dealing with a strong financial institution that will be able to fulfill their banking needs for years to come."

Chelsea Groton Bank was established in 1854 and has been serving the banking needs of its neighbors and friends for 156 years. It operates through fourteen conveniently located offices and can be found on the internet at chelseagroton.com.

 

Chelsea Groton Bank: “Feel Good About Your Bank.”

 

BauerFinancial, 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 pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.