Chelsea Groton Bank

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Chelsea Groton Bank Locations

Deposit Rates - May 12, 2021

SAVINGS RATES APY MIN MAX
Savings
0.03% $2,500 $4,999 Compare
CD RATES APY MIN MAX
6 Mo CD
0.10% $10,000 $14,999 Compare
6 Mo CD
0.10% $100,000 $199,999 Compare
12 Mo CD
0.15% $10,000 $14,999 Compare
12 Mo CD
0.15% $100,000 $199,999 Compare
18 Mo CD
0.25% $10,000 $14,999 Compare
18 Mo CD
0.25% $100,000 $199,999 Compare
24 Mo CD
0.35% $10,000 $14,999 Compare
24 Mo CD
0.35% $100,000 $199,999 Compare
30 Mo CD
0.55% $10,000 $14,999 Compare
30 Mo CD
0.55% $100,000 $199,999 Compare
36 Mo CD
0.60% $10,000 $14,999 Compare
36 Mo CD
0.60% $100,000 $199,999 Compare
48 Mo CD
0.70% $10,000 $14,999 Compare
48 Mo CD
0.70% $100,000 $199,999 Compare
60 Mo CD
0.80% $10,000 $14,999 Compare
60 Mo CD
0.80% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.03% $2,500 $2,999 Compare
Money Market
0.03% $10,000 $14,999 Compare
Money Market
0.03% $25,000 $29,999 Compare
PREMM RATES APY MIN MAX
Premium Money Market
0.05% $10,000 $14,999 Compare
Premium Money Market
0.05% $25,000 $34,999 Compare

Loan Rates - May 12, 2021

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18238
Date Established 1854
Assets $ 1,445.22 million
Loans $ 988.47 million
Deposits $ 1,115.27 million
Capital $ 203.71 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 170.17 million
Interest-bearing balances $ 53.43 million
Total securities $ 216.65 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 988.47 million
Loan loss allowance $ 8.98 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.09 million
Goodwill and other intangibles $ 0.58 million
All other assets $ 51.85 million
     Total Assets $ 1,241.51 million

LIABILITIES
Total deposits $ 1,115.27 million
      Interest-bearing deposits $ 772.47 million
      Deposits held in domestic offices $ 1,115.27 million
      % insured (estimated) 63.61%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 92.88 million
Subordinated debt N.A.
All other liabilities $ 33.36 millionn
      Total Liabilities $ 1,241.51 million
      Shareholders’ Equity $ 203.71 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 41.41 million
Total Interest Expense $ 2.43 million
Net interest income $ 38.98 million
Provision for loan and lease losses $ 1.17 million
Total non interest income $ 8.28 million
Total non interest expense $ 32.99 million
Pre-tax Net Operating Income $ 13.10 million

Chelsea Groton Bank is an FDIC insured institution headquartered at 904 Poquonnock Road, Groton, CT 6340.
It was founded in 1854 and has approximately $1 billion in assets. Customers can open an account at one of its 14 branches.