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Chelsea Groton Bank October 2016
Business Matters Chelsea Groton understands big business concerns, small business needs... and where the two intersect.

Lending a Chance to Walk Back in Time at Spicer Mansion

Spicer MansionBuilt in 1853, the Spicer Mansion was purchased by Elihu Spicer, a renowned sea captain. The Mansion was kept in the Spicer family for over 70 years. Throughout the Great Depression and World II era, the home was sold numerous times, and was eventually parceled out into eight rental apartments. By the 1970s, the Mansion was completely rundown and faced being condemned. Ownership of the Mansion changed several more times before 2013, when it was purchased by the Gates family, who had a vision for turning it back into the enchanting place it once was. > Read More

News You Can Use: October is National Cyber Security Awareness Month

National Cyber Security Awareness MonthBeing online is essential for businesses these days, but it's important to stay safe while you do business. The National Cyber Security Alliance provides resources and tips for business owners at The U.S. Department of Homeland Security also offers a number of resources through Stop.Think.Connect. Finally, the FDIC offers A Cybersecurity Guide for Businesses, available for complimentary download.

Benefits of Business Banking: Positive Pay

Business BankingAre you looking for ways to protect your business account and increase efficiency? Chelsea Groton Bank now offers Positive Pay, an automated fraud detection solution with built in Account Reconciliation. With Account Reconciliation, businesses have access to a variety of tools such as online statements, an online account reconciliation file download for Reverse Positive Pay, or outstanding check reports.  > Read More

Small Business Corner: Making the Most of Small Business Saturday

Shop SmallNovember 26 is Small Business Saturday. It's important to start marketing your own business' involvement now, and to remember to support other area businesses on Small Business Saturday and throughout the year. Since Small Business Saturday keeps money in the community where you shop, it has positive effects on not only the businesses, but the community's economy as a whole.  > Read More

Meet Carolyn Welch, VP, Commercial Loan Officer

Carolyn WelchCarolyn Welch, VP, Commercial Loan Officer, recently joined Chelsea Groton Bank Lending Center in Hartford County. A veteran of the industry, Carolyn has extensive commercial lending experience, specifically with SBA programs. She has spent years cultivating new borrower relationships and working closely with commercial real estate brokers, accountants, lawyers, and other professionals. > Read More

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