News
Rooted in Mutuality: Chelsea Groton Bank Reflects on a Year of Community Leadership
(GROTON, Conn.) – During Chelsea Groton Bank’s 171st Annual Meeting on Thursday, April 30, 2026, President and CEO Anthony A. Joyce, III, shared the Bank’s 2025 financial results with Bank officers, Board members, and Corporators. As of December 31, 2025, the Bank’s total assets reached $1.75 billion. Net operating income grew to $24,017,075. Deposits were comparable to the prior year, declining slightly by 2%. Total net loans increased by $71 million and capital grew by $35 million. The Bank continues
Chelsea Groton Bank Announces Partnership with Thrive Payments to Expand Merchant Services Solutions
GROTON, Conn. – Chelsea Groton Bank announced a new partnership with Thrive Payments, a New England-based payment processing provider, to offer enhanced merchant services solutions to business customers throughout the region. Through this partnership, Chelsea Groton Bank will connect local businesses with a wide range of payment processing solutions designed to meet the needs of merchants of all sizes, from small mobile operations to larger, more complex point-of-sale environments. Thrive Payments
