1. Banks
  2. Chelsea Groton Bank

Chelsea Groton Bank


Overview / Commentary
www.chelseagroton.com
860-448-4200
One Franklin Square
Norwich, CT 06360

Chelsea Groton Bank is headquartered in Groton and is the 10th largest bank in the state of Connecticut. It is also the 669th largest bank in the nation. It was established in 1854 and as of September of 2020, it had grown to 210 employees at 14 locations. Chelsea Groton Bank has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #18238
Year Established1854
Employees210
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD5.84%
Annual Interest Income$30.7MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$1.43B$1.16B
LoansQ3 2020vs Q3 2019$1.00B$855.2MM
DepositsQ3 2020vs Q3 2019$1.09B$904.7MM
Equity CapitalQ3 2020vs Q3 2019$198.3MM$185.9MM
Loan Loss AllowanceQ3 2020vs Q3 2019$8.5MM$8.2MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$18.4MM$9.3MM
Real Estate OwnedQ3 2020vs Q3 2019$0$133.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Chelsea Groton Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chelsea Groton Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$25k*-IRA Statement
OTHER TIERS: 0.05% → $25 - $25k
0.10%$25-Municipal Investment Sweep
0.10%--Business Investment Sweep Account
0.08%*$100k*-Statement Relationship Savings
OTHER TIERS: 0.05% → $25 - $100k
0.05%*$100k*-Statement Savings
OTHER TIERS: 0.03% → $25 - $100k
0.05%--Vacation Club
0.05%-$1mHoliday Club
0.05%$25-Passbook Relationship Savings
0.05%$25-Chelsea U Savings
0.05%--Business Savings
0.03%$25-Passbook Savings

Chelsea Groton Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$25k*-Business Money Market
OTHER TIERS: 0.05% → Up to $25k
0.08%*$100k*-Money Market Relationship Account
OTHER TIERS: 0.05% → $25 - $100k
0.05%*$100k*-Money Market Account
OTHER TIERS: 0.03% → $25 - $100k

Chelsea Groton Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Relationship Checking
0.01%$25$1m50 Plus Checking

Chelsea Groton Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-60 Month Relationship CD
0.70%$500-60 Month CD
0.70%$500-48 Month Relationship CD
0.70%$500-42 Month Relationship Bump Up CD
0.65%$500-48 Month CD
0.60%$500-36 Month Relationship CD
0.50%$500-36 Month CD
0.50%$500-30 Month Relationship CD
0.40%$500-24 Month Relationship CD
0.40%$500-15 Month Relationship Bump Up CD
0.40%$500-30 Month CD
0.35%$500-24 Month CD
0.30%$500-18 Month Relationship CD
0.20%$500-12 Month Relationship CD
0.20%$500-18 Month CD
0.15%$500-12 Month CD
0.15%$500-6 Month Relationship CD
0.10%$500-6 Month CD
0.10%$500-3 Month Relationship CD
0.05%$500-3 Month CD

Chelsea Groton Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-60 Month Relationship IRA
0.70%$500-42 Month Relationship Bump Up IRA
0.70%$500-48 Month Relationship IRA
0.70%$500-60 Month IRA
0.65%$500-48 Month IRA
0.60%$500-36 Month Relationship IRA
0.50%$500-30 Month Relationship IRA
0.50%$500-36 Month IRA
0.40%$500-15 Month Relationship Bump Up IRA
0.40%$500-24 Month Relationship IRA
0.40%$500-30 Month IRA
0.35%$500-24 Month IRA
0.30%$500-18 Month Relationship IRA
0.25%$100-12 Month Relationship Flexible IRA
0.20%$500-12 Month Relationship IRA
0.20%$500-18 Month IRA
0.15%$100-12 Month Flexible IRA
0.15%$500-6 Month Relationship IRA
0.15%$500-12 Month IRA
0.10%$500-3 Month Relationship IRA
0.10%$500-6 Month IRA
0.05%$500-3 Month IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.