Applications / Mortgage Analytics / Lenders / Connecticut / Chelsea Groton Bank
Groton, CT · Savings institution · FDIC · $1.8 billion assets · 423 loans in 2025
Chelsea Groton Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
423
loans originated, 2025
611
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Chelsea Groton Bank ranks 5 of 312 lenders in Norwich-New London-Willimantic, but it has made fewer loans every year since 2020.
It has lent in Norwich-New London-Willimantic since at least 1990. Its share there fell to 4.5% from 5.4%; Liberty Bank, United Wholesale Mortgage, Citizens Bank and Rocket Mortgage lent more. Its own smaller loan count is one possible reason. In Hartford-West Hartford-East Hartford it ranks 31 of 464.
It made 423 loans, 9% fewer than in 2024, while similar lenders (savings institutions making between half and twice as many loans) made 5% more. Yet its dollars rose from $163.0 million to $194.8 million, as its typical loan grew from $245,000 to $265,000, above peers' $215,000. It made 960 loans in 2020.
Home purchases made up 57.4% of its loans, refinances 18.9% and home improvement 13.5%. Nearly all were conventional, and none was higher-priced (a rate well above the average for similar loans).
Low- and moderate-income (LMI) borrowers took 18.8% of its loans, against 25.6% at peers. Its larger loans and the incomes in its markets are possible reasons. Its share in poorer neighborhoods (LMI tracts) rose to 11.8% from 7.8%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Chelsea Groton Bank took 611 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 57.4% · Refinance 18.9% · Home improvement 13.5% · Other 10.2%
Conventional 99.8% · FHA 0.2% · of 423 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Connecticut | 409 | 96.7% |
| Rhode Island | 12 | 2.8% |
| Massachusetts | 1 | 0.2% |
| Vermont | 1 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Norwich-New London-Willimantic | 257 |
| Hartford-West Hartford-East Hartford | 125 |
| Worcester | 16 |
| Providence-Warwick | 12 |
| New Haven | 7 |
| Bridgeport-Stamford-Danbury | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493000GQWJTTR0TEH83 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 345309 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 318238 | 1992–2017 |
Established 1 January 1854. Reported under HMDA 1992-2025.
Mergers, name changes, data editions and corrections: Chelsea Groton Bank's data.
Chelsea Groton Bank's data
$215
Chelsea Groton Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Chelsea Groton Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]