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Member News
Monday, July 27, 2026The Chelsea Groton Foundation Awards over $600K in Grants to Regional Nonprofits
GROTON, Conn. – The Chelsea Groton Foundation awarded $608,800 in grants to 119 non-profit organizations from Connecticut and Rhode Island. Inclusive of these donations, the Foundation has awarded $8.1 million in total grants to the community since 1998. “Strong communities are built when neighbors, organizations, and local businesses come together with a shared commitment to supporting one another. Through these grants, we are proud to support our local nonprofits that provide vital services, create
Wednesday, July 22, 2026Gary Miller Joins Chelsea Groton Bank as Senior Vice President, Commercial Lending Department Manager
GROTON, Conn. – Chelsea Groton Bank is pleased to announce that Gary Miller has joined the Bank as Senior Vice President, Commercial Lending Department Manager. In this role, Gary will lead commercial lending initiatives, oversee a portfolio of business relationships, and support the continued growth and success of the Bank’s commercial lending team. “We’re excited to welcome Gary to Chelsea Groton,” said Richard Balestracci, SVP, Chief Lending Officer at Chelsea Groton Bank. “He brings extensive
Thursday, July 16, 2026Chelsea Groton Bank Included on Forbes List of America’s Best-In-State Banks for Sixth Year
GROTON, Conn. – Chelsea Groton Bank has been named to the Forbes list of America’s Best-In-State Banks for the sixth consecutive year. This prestigious recognition is presented in partnership with Statista, a leading global provider of market data and industry rankings. The award list is available on the Forbes website. “We’re honored to be recognized on Forbes’ list of America’s Best-In-State Banks,” said Anthony A. Joyce, III, President and CEO of Chelsea Groton Bank. “This recognition reflects the
Monday, July 13, 2026Chelsea Groton Bank Names Richard Balestracci Chief Lending Officer
GROTON, Conn. – Chelsea Groton Bank has announced the promotion of Richard Balestracci to Chief Lending Officer. Balestracci succeeds Michael Sheahan, who retired after 13 years of dedicated service to the Bank. During his tenure, Sheahan played an instrumental role in shaping Chelsea Groton’s lending strategy and strengthening its position as a trusted financial partner across the region. Balestracci steps into the role with extensive experience across commercial lending, credit, and retail banking. A
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