Business & Tech

Chelsea Groton Bank Earns “5-Star” Rating for 92 Consecutive Quarters

Chelsea Groton Bank has received the 5-star BauerFinancial rating for 92 consecutive quarters.

GROTON, CT – Chelsea Groton Bank was once again a top performer, earning the coveted 5-Star rating from BauerFinancial, the Nation’s Premier Bank Rating Firm.

A five-star rating indicates that this bank excels in areas of capital adequacy, profitability, asset quality and more. Chelsea Groton Bank has earned and maintained this top rating for 92 consecutive quarters, earning it even higher accolades. (To sign up for Groton breaking news alerts and more, click here.)

Chelsea Groton Bank is a “Sustained Superiority” bank for maintaining a 5-Star rating longer than 90 percent of the industry, according to a release.

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“Chelsea Groton Bank is a prime example of a community bank excelling at what a community bank was meant to do,” BauerFinancial President Karen L. Dorway said in a release. “It employs locally, thereby having the same personal investment in the community as its customers; it makes decisions locally, often for neighbors and friends; and it focuses on quality as opposed to quantity. That focus has paid off for both Chelsea Groton Bank and for its community.”

Star-ratings are all available for free at bauerfinancial.com.

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