Business & Tech
Chelsea Groton: 2012 Results and Future Initiatives
n April 25, 2013, Chelsea Groton Bank officers, Board members and Corporators met at Mystic Marriott in Groton, Conn., to review the bank's fiscal 2012 financial results.
“Fiscal 2012 was a stellar year in Chelsea Groton Bank’s long history, with net income up 29% and new loans up 47% compared to 2011,” said Chelsea Groton Bank President and CEO Michael Rauh at the bank's annual meeting April 25.
You can read the full story of the bank's 2012 performance and outlook for the future on Groton Patch.
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