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May 24, 2022

Chelsea Groton Bank to modernize 168-year-old headquarters

PHOTO | CONTRIBUTED Chelsea Groton Bank President and CEO Michael Rauh

Part of the Groton community since 1854, Chelsea Groton Bank is poised to undergo a modern makeover.

Company officials said a complete renovation of the Groton headquarters and bank branch on Poquonnock Road will kick off this spring.

The bank’s new headquarters will feature a complete, “inside-and-out rethinking of the workplace, as well as a reinvented branch” designed around delivering an improved customer experience, officials said. 

The bank has been overhauling its branches away from traditional transactional spaces to make them more appropriate for classes, conversations and group gatherings.

Bank President and CEO Michael Rauh said customers are in store for great things to come.

“Chelsea Groton strives to be an innovative financial services company that inspires its employees, customers and communities to achieve their full potential,” Rauh said. “And our headquarters will reflect that, inside and out…not to mention being an exciting and inspiring place for our more than 200 employees to learn, collaborate and go the extra mile for our customers every day.”

Rauh said the headquarters will remain in Groton’s town center.

“We’re thrilled to be a part of the revitalization of our town center and to make this very important investment in the place where we live and work,” Rauh added. 

Tony Joyce, executive vice president and chief operating officer, echoed similar sentiments.

“We’re excited for the community to really take advantage of this new building,” Joyce said.

Renovations in part will feature the addition of large video conferencing rooms designed for personal enrichment programs and public gatherings, according to Joyce. The reinvented bank branch will be designed with learning, mentoring and collaboration in mind, Joyce added.

“We’re thrilled to be able to provide our community with this powerful combination of exceptional people, service, and technology, in a space designed to encourage and strengthen personal relationships.”

The bank will remain open during the renovations. For added convenience, the branch will feature two drive-up windows and one walk-up Video Banking ATM.

For more information and to watch construction progress visit: chelseagroton.com/HQ

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