Middlesex County House: Chelsea Groton Bank hosted 15th Annual Money Madness Seminar for over 125 local high school students
March 16, 2021
GROTON, Connecticut – Chelsea Groton has pivoted to turn their annual one-day Money Madness seminar for hundreds of area high school students into a week-long virtual experience. Five area schools participated: Fitch High School, Griswold High School, Ledyard High School, Montville High School and Norwich Free Academy.
For 15 years, the Chelsea Groton Community Education Office hosted Money Madness, a day where local students come together to hear inspiring stories from area business owners, government leaders, community organizers and educators. Students also participate in small group sessions and play games in an exhibit hall to learn about personal finance and how to prepare for the real world.
This year, to accommodate the social distancing mandates and hybrid schedules at many schools in the area, Miria Gray, Community Education Officer at Chelsea Groton Bank, has developed an entire week of online programs that students can attend each morning.
On Monday and Tuesday, representatives from the Connecticut Association for Human Services (CAHS) spoke to students about the importance of credit and budgeting in separate Zoom sessions.
On Wednesday, the students visited the the bank’s website to view videos on a variety of topics that would have been discussed during the in-person showroom. Videos featured included tips for buying your first car (Disch Car Sales), renting an apartment (Rose City Real Estate), car and tenant insurance (The D’Errico Agency), consumer scams (Better Business Bureau CT), bank (Chelsea Groton Bank), and the importance of savings (UCONN Extension / CT Saves). Students were invited to participate in an online trivia game for the chance to showcase their learning and win prizes.
On Thursday, students attended an identity theft webinar, presented by Kathleen Titsworth of the CT Banking Department. The week ended on Friday morning, when Gray led the students in an interactive activity to understand the real costs of college.
“A lot of the topics we cover at Money Madness may not be included in the standard school curriculum, but they are essential to know before you start making monetary decisions as young adults,” Gray explained. “We are truly delighted that, despite the difficult circumstances we have all endured over the past year, we have been able to work with educators from area schools to deliver this important programming to their students. After all, our local high school students are the future of our region.
To learn more about Chelsea University at Chelsea Groton Bank, register for free programming, or visit the online learning center, please visit www.chelseagroton.com/ChelseaUniversity.
About Chelsea Groton Bank
Based in Groton, Connecticut, Chelsea Groton Bank is a full-service mutual bank with more than $ 1.4 billion in assets. Chelsea Groton Bank’s products and services include personal banking, business banking, mortgage and commercial lending, cash management, financial planning, and financial education programs. With 14 branches in New London County and a loan production office in Hartford County, Chelsea Groton Bank also offers online and mobile banking, 24-hour telephone banking and over-the-counter banking services. nationwide automatic systems for individuals, families and businesses. For more information, please visit chelseagroton.com. FDIC member. Equal housing lender. NMLS Institution ID 402928