June 2012: BauerFinancial, Inc., the nation’s leading bank rating and research firm, is proud to recognize Chelsea Groton Bank, Norwich, Connecticut as a 5-Star Superior bank. A 5-Star rating indicates that Chelsea Groton Bank is one of the strongest banks in the nation. To earn this prestigious 5-Star rating, Chelsea Groton Bank must excel in areas of capital quality, asset quality, profitability and much more. In fact, Chelsea Groton Bank has earned this 5-Star Superior rating for the latest 73 consecutive quarters which puts it in an even more elite group of “Exceptional Performance Banks”. This designation is reserved for those banks that have maintained this highest 5-Star rating for at least the past ten years.
“As big banks grow increasingly complex and inflexible,” remarks Karen L. Dorway, president of the rating firm, “it’s encouraging to know that there are still community banks, like Chelsea Groton Bank, that have mastered the three R’s of banking. Chelsea Groton Bank is 1) Responsive to its customers’ needs, 2) Responsible in its underwriting and investments, and 3) Respected by the nation’s premier bank rating and research firm as well as its customers.”
Established in 1854, Chelsea Groton Bank has proudly been serving its local communities for 158 years. It currently operates through 14 conveniently located offices and can be found on the internet at www.chelseagroton.com.
Chelsea Groton Bank: Feel Good About Your Bank.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.