The Day – Business Briefs

Hanah Lopes

PEOPLE

Karen Brodeur has been appointed Commercial Credit Manager for Jewett City Savings Bank and Matthew Voelker has joined the bank as a Senior Commercial Credit Analyst. Brodeur, an Assistant Vice President since 2020, joined the Bank in 2014, as a Commercial Credit Analyst. Voelker has served as a Commercial Credit Analyst for Charter Oak Federal Credit Union. For more information, visit www.JCSBank.com.

WORKSHOPS

SCORE will host:

“How to Start & Run a Successful Non-Profit,” co-Hosted by The Public Library of New London, presenter SCORE counselor Bob Potter, Wednesday, April 27, 1-2:30 p.m., Zoom.

“QuickBooks, Part One: Managing Your Business Finances with QuickBooks,” Tuesday, May 3, 10-11:30 a.m., Zoom.

“QuickBooks, Part Two: Choosing the Right QuickBooks: The Basics of Setting Up Your QuickBooks Company,” Wednesday, May 4, 10-11:30 a.m., Zoom.

“Plan Your Website for Online Success,” sponsored by The Rotary Club of Clinton, with Jessica Baldwin, co-founder of Cardsetter, May 11, 5:30-7 p.m., Zoom.

For more information, contact Anne Driscoll at [email protected]

NETWORKING

The Chamber of Commerce of Eastern Connecticut will host a Business After Hours and Ribbon Cutting event at The Light House Homestead and Stables on April 27. Register at www.ChamberECT.com/events.

Dr. Raja Mangipudy, Senior Vice President, Global Head of Drug Safety Research and Development, Groton Site Director at Pfizer, will provide an overview April 27 and update Pfizer’s latest work on the COVID-19 vaccine and therapies. Register at www.ChamberECT.com/events or 860-701-9113.

ANNUAL MEETING

President and CEO Michael Rauh recently presented Chelsea Groton Bank’s 2021 results to officers, board members and corporators at the Mystic Marriott. Last year, the bank introduced curbside concierge, five additional Video Banking ATMs and the reinvention of the Westside Branch. For the sixth consecutive year, Chelsea Groton accepted the honor of being named a “Top Workplace in CT” by The Hartford Courant. ONE CHELSEA initiative highlights the strength of the bank’s commitment to diversity and equity. The bank and the Chelsea Groton Foundation together gave over $600,000 to organizations throughout the community, with an additional $22,000 given to the local organizations of each employee’s choosing through the Bank’s Acts of Kindness initiative.

As of Dec. 31, 2021, the bank’s total assets increased to $1.59 billion. On the commercial side, Chelsea Groton saw a 180% increase in adoption of its Cash Management services. The bank’s commercial loan portfolio amounted to $255 million. Overall loan production totaled $74.3 million, and business deposits grew by $86.3 million.

At this year’s meeting, officials also announced the appointment of five new corporators: Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation; Tracy Espy, President of Mitchell College; Dina Sears-Graves, President & CEO of United Way of Southeastern Connecticut; Kathleen Stauffer, Chief Executive Officer at The Arc Eastern Connecticut; and Adam Young, Owner, Sift Bake Shop.

Send your business news to [email protected].


https://www.theday.com/business/20220417/business-briefs

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