Chelsea Groton Bank Will Host Financial Literacy Seminars This Fall in Glastonbury

Chelsea Groton Bank is producing and sponsoring financial literacy seminars this fall at the Glastonbury Housing Authority, 25 Risley Rd., to educate residents of Hartford County on banking, budgeting, improving credit scores and home-buying, according to a press release.

All classes are free and open to the public, the release says. Chelsea Groton recently opened its first Lending Center in Glastonbury.

“Chelsea Groton Bank is always looking for ways to provide financial tools and resources to the community,” said Pam Days-Luketich, Community Education Officer at Chelsea Groton Bank. “We host these types of courses throughout the year to help people make well-informed financial decisions for themselves and their families.”

Basic Banking

Gain an understanding of the importance of building a relationship with a bank. Review the important papers you will need and where to keep them safe, as well as the benefits of having a savings account and how to decide which accounts are right for you.

• Wednesday, September 16, 6:00 p.m. – 7:00 p.m.

Budgeting Basics

The most important step to improving your financial well-being is by developing and implementing a spending plan. Learn how to create a budget, reduce debt and build your savings.

• Wednesday, Oct. 14 from 6 p.m. to 7 p.m.

Credit Do’s and Don’ts

Tips on repairing, establishing and maintaining your credit score will be shared. Attendees will also gain insight on what lenders are looking for when they analyze credit history.

• Wednesday, Nov. 18 from 6 p.m. to 7 p.m.

Buying a Home of Your Own

Information will be provided on current options and how to get approved for mortgage financing, recent underwriting requirements, and what products offer down-payment assistance or help with costs associated with purchasing a home.

• Wednesday, Dec. 16 from 6 p.m. to 7 p.m.

To learn more about these and other classes being offered, visit the bank’s website.

Contact Pam Days-Luketich at PDays-Luketich@chelseagroton.com or 860-572-4024 with any questions.