Chelsea Groton Bank is a bank based in Groton, Connecticut, established in 1854, with $1.7 billion in total assets across 14 branches. By Trust Grade it ranks 3rd of 28 banks we track in Connecticut. Its capital ratio of 15.7% is stronger than 94% of similarly sized banks, versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 0.99% return on assets. No consumer complaints against Chelsea Groton Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Chelsea Groton Bank compares to Connecticut peers
How we graded Chelsea Groton Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.7% capital ratio)
- Profitable (ROA 0.99%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Chelsea Groton Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (14)
- 904 Poquonnock Rd, Groton, CT 06340
- 2 Water St, Mystic, CT 06355
- 116 W Broad St, Pawcatuck, CT 06379
- 904 Poquonnock Rd, Groton, CT 06340
- 391 Norwich Westerly Rd, North Stonington, CT 06359
- 20 Hartford Rd, Salem, CT 06420
- 444 W Main St, Norwich, CT 06360
- 21 Pennsylvania Ave, Niantic, CT 06357
- 157 Boston Post Rd, Waterford, CT 06385
- 50 N Stonington Rd, Mystic, CT 06355
- 50 Town St, Norwich, CT 06360
- 156 Willimantic Rd, Baltic, CT 06330
- 1 Montauk Ave, New London, CT 06320
- 55 Main St, Norwich, CT 06360
Are deposits at Chelsea Groton Bank insured?
Yes. Chelsea Groton Bank is an FDIC-insured bank (FDIC certificate #18238). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Chelsea Groton Bank: frequently asked questions
Is Chelsea Groton Bank a good bank?
Chelsea Groton Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.7% capital ratio); Profitable (ROA 0.99%).
Is Chelsea Groton Bank FDIC-insured?
Yes. Chelsea Groton Bank is a FDIC-insured bank (FDIC certificate #18238). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Chelsea Groton Bank?
Chelsea Groton Bank holds $1.7 billion in total assets, ranking 3rd of 28 banks we track in Connecticut. It operates 14 branches.
Does Chelsea Groton Bank have CFPB complaints?
No CFPB complaints against Chelsea Groton Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
