Business & Tech

Chelsea Groton Bank Earns 5-Star Rating From BauerFinancial

The New London County bank has achieved this distinction for 105 consecutive quarters.

July 14, 2020

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly announced that Chelsea Groton Bank, New London County, CT, has again been awarded its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates Chelsea Groton Bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 105 consecutive quarters, especially in this environment, makes its accomplishment even more impressive. The “Best of Bauer Bank” designation is reserved specifically for banks, like Chelsea Groton Bank, that have earned Bauer’s highest rating consistently for 25 consecutive years or longer.

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This press release was produced by the River Valley Chamber of Commerce. The views expressed are the author's own.

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