1. Banks
  2. Chelsea Groton Bank

Chelsea Groton Bank


Overview / Commentary
www.chelseagroton.com
860-823-4912
One Franklin Square
Norwich, CT 06360

Chelsea Groton Bank is headquartered in Groton and is the 11th largest bank in the state of Connecticut. It is also the 702nd largest bank in the nation. It was established in 1854 and as of March of 2021, it had grown to 208 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 Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #18238
Year Established1854
Employees208
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD8.86%
Annual Interest Income$10.2MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$1.47B$1.16B
LoansQ1 2021vs Q1 2020$1.00B$863.5MM
DepositsQ1 2021vs Q1 2020$1.19B$905.0MM
Equity CapitalQ1 2021vs Q1 2020$206.3MM$185.4MM
Loan Loss AllowanceQ1 2021vs Q1 2020$9.1MM$7.9MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$18.8MM$9.4MM
Real Estate OwnedQ1 2021vs Q1 2020$0$161.00K
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
0.08%$25-Municipal Investment Sweep
0.08%--Business Investment Sweep Account
0.05%--Vacation Club
0.05%-$1mHoliday Club
0.05%*$100k*-Passbook Relationship Savings
OTHER TIERS: 0.03% → $25 - $100k
0.05%*$100k*-Statement Relationship Savings
OTHER TIERS: 0.03% → $25 - $100k
0.05%--Business Savings
0.03%*$100k*-Statement Savings
OTHER TIERS: 0.01% → $25 - $100k
0.03%*$100k*-Passbook Savings
OTHER TIERS: 0.01% → $25 - $100k
0.03%*$100k*-Chelsea U Savings
OTHER TIERS: 0.01% → $25 - $100k

Chelsea Groton Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%*$25k*-Business Money Market
OTHER TIERS: 0.05% → Up to $25k
0.05%*$100k*-Money Market Relationship Account
OTHER TIERS: 0.03% → $25 - $100k
0.03%*$100k*-Money Market Account
OTHER TIERS: 0.01% → $25 - $100k

Chelsea Groton Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Relationship Checking

Chelsea Groton Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$500-60 Month Relationship CD
0.55%$500-60 Month CD
0.55%$500-48 Month Relationship CD
0.50%$500-48 Month CD
0.50%$500-42 Month Relationship Bump Up CD
0.45%$500-36 Month Relationship CD
0.40%$500-36 Month CD
0.40%$500-30 Month Relationship CD
0.30%$500-24 Month Relationship CD
0.30%$500-15 Month Relationship Bump Up CD
0.30%$500-18 Month Relationship CD
0.30%$500-30 Month CD
0.25%$500-24 Month 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
0.60%$500-60 Month Relationship IRA
0.55%$500-48 Month Relationship IRA
0.55%$500-60 Month IRA
0.50%$500-42 Month Relationship Bump Up IRA
0.50%$500-48 Month IRA
0.45%$500-36 Month Relationship IRA
0.40%$500-30 Month Relationship IRA
0.40%$500-36 Month IRA
0.30%$500-15 Month Relationship Bump Up IRA
0.30%$500-18 Month Relationship IRA
0.30%$500-24 Month Relationship IRA
0.30%$500-30 Month IRA
0.25%$100-12 Month Relationship Flexible IRA
0.25%$500-24 Month 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.