Farm to Bottle

Allyn Brown, owner of Connecticut Currant, a juice and bottling plant in Preston, was approached by various third party juice makers to bottle and package their juices. Since there wasn't enough space to bottle additional goods in Brown's current location, he began looking for a building that could handle the fulfillment volume needed by third parties. A building that had been vacant for 10 years was identified in the Norwich Industrial Park. It sat on nine acres of land, measured 26,000 square feet, and had an ideal combination of office and bottling space. However, it also came with a host of challenges. The building sat on a former brownfield site, and due to the number of years it sat vacant, there was no telling the issues that could arise. > Read More

News You Can Use: New Business Product Suite & Designation

Chelsea Groton Bank was recently designated a 'Preferred Lenders Program (PLP)' lender by the U.S. Small Business Administration. And, in the coming months, a suite of small business deposit products will be introduced to provide more options to our customers who are striving to reach goals. Visit our website for updates on when the suite becomes available.

Benefits of Business Banking: Improving Your Company's Cash Flow

One of the biggest challenges businesses face is efficiently managing cash flow. Chelsea Groton Bank offers ACH Origination Service, which is a solution to help manage payment collection, disbursement and concentration of funds. > Read More

Small Business Corner: The Importance of Building a Business Succession Plan

Many business owners are so focused on making their business a success today, they forget to create a plan for unforeseen circumstances that could impact their tomorrow. > Read More

Meet Jim Venditti, VP, Financial Services

Jim Venditti, Vice President, Chelsea Groton Financial Services, and representative of Infinex Investments, Inc. Member FINRA/SIPC, understands the unique financial needs of professionals and small business owners. He meets with clients to learn their challenges, objectives and risk-tolerance. With this knowledge in mind, he determines strategies, provides thoughtful recommendations and participates in regular financial reviews in an effort to help clients meet their goals. > Read More