Overview / Commentary
860-448-4200
One Franklin Square
Norwich, CT 06360

Chelsea Groton Bank is headquartered in Norwich and is the 13th largest bank in the state of Connecticut. It is also the 698th largest bank in the nation. It was established in 1854 and as of June of 2018, it had grown to 220 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

Health Grade Components

Overall
FDIC Certificate #18238
Year Established1854
Employees220
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD6.08%
Annual Interest Income$18.6MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.11B$1.06B
LoansQ2 2018vs Q2 2017$816.2MM$748.8MM
DepositsQ2 2018vs Q2 2017$895.1MM$857.4MM
Equity CapitalQ2 2018vs Q2 2017$163.7MM$158.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$7.1MM$7.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$7.1MM$3.6MM
Real Estate OwnedQ2 2018vs Q2 2017$1.1MM$586.00K
Rates
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%*$5k*-Passbook Relationship Savings
OTHER TIERS: 0.05% $25 - $5k
0.10%*$5k*-Statement Relationship Savings
OTHER TIERS: 0.05% $25 - $5k
0.10%$25-Municipal Investment Sweep
0.10%--Business Investment Sweep Account
0.05%$25-Statement Savings
0.05%$25-Passbook Savings
0.05%--Vacation Club
0.05%-$1mHoliday Club
0.05%$25-Chelsea U Savings
0.05%--Business Savings

Chelsea Groton Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$25k*-Business Money Market
OTHER TIERS: 0.05% $25 - $25k
0.10%*$25k*-Money Market Relationship Account
OTHER TIERS: 0.05% $25 - $25k
0.05%$25-Money Market Account

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
1.40%$500-60 Month Relationship CD
1.20%$500-60 Month CD
1.10%$500-48 Month Relationship CD
0.90%$500-48 Month CD
0.85%$500-36 Month Relationship CD
0.85%$500-42 Month Relationship Bump Up CD
0.75%$500-30 Month Relationship CD
0.65%$500-36 Month CD
0.55%$500-24 Month Relationship CD
0.55%$500-30 Month CD
0.40%$500-15 Month Relationship Bump Up CD
0.40%$500-18 Month Relationship CD
0.35%$500-24 Month CD
0.25%$500-12 Month Relationship CD
0.25%$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
1.40%$500-60 Month Relationship IRA
1.20%$500-60 Month IRA
1.10%$500-48 Month Relationship IRA
0.90%$500-48 Month IRA
0.85%$500-36 Month Relationship IRA
0.85%$500-42 Month Relationship Bump Up IRA
0.75%$500-30 Month Relationship IRA
0.65%$500-36 Month IRA
0.55%$500-24 Month Relationship IRA
0.55%$500-30 Month IRA
0.40%$500-15 Month Relationship Bump Up IRA
0.40%$500-18 Month Relationship IRA
0.35%$500-24 Month IRA
0.25%$100-12 Month Relationship IRA Flexible
0.25%$500-12 Month Relationship IRA
0.25%$500-18 Month IRA
0.15%$100-12 Month IRA Flexible
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 feedback@depositaccounts.com 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.