Chelsea Groton Bank Announces Partnership with Thrive Payments to Expand Merchant Services Solutions

GROTON, Conn. – Chelsea Groton Bank announced a new partnership with Thrive Payments, a New England-based payment processing provider, to offer enhanced merchant services solutions to business customers throughout the region.  

Through this partnership, Chelsea Groton Bank will connect local businesses with a wide range of payment processing solutions designed to meet the needs of merchants of all sizes, from small mobile operations to larger, more complex point-of-sale environments. Thrive Payments brings decades of experience working with community banks and provides hands-on operational support through its dedicated service team.  

“Supporting local businesses is core to Chelsea Groton’s mission, and this partnership allows us to further strengthen the tools and resources available to our business customers,” said Alexis Kahn, FVP, Cash Management Sales Manager at Chelsea Groton Bank. “By partnering with Thrive Payments, we can connect merchants with flexible, modern payment solutions backed by responsive, local support that aligns with our community-focused values.”  

Founded in 1980, Thrive Payments is a privately held, family-run company headquartered in Massachusetts with four decades of experience in the payments industry. The company offers competitive and transparent pricing, a broad suite of payment solutions, and 24/7 customer support provided by live representatives. Thrive Payments’ service model emphasizes accessibility, accountability, and a “do right by the customer” approach that mirrors community bank culture.  

Through Thrive Payments, Chelsea Groton business customers will have access to a variety of merchant services solutions, including mobile payment options, countertop and handheld terminals, full POS systems for retail and hospitality environments, and e-commerce payment capabilities. 

“We are proud to partner with Chelsea Groton Bank and support its commitment to local businesses,” said Scott Kopecky, Account Executive for Thrive Payments. “Our team looks forward to working closely with Chelsea Groton’s team and customers to deliver reliable payment solutions backed by personal service and long-term relationship management.”  

This partnership reflects a shared focus on service excellence, community engagement, and providing practical solutions that help businesses operate efficiently and confidently in an evolving payment landscape. 

About Chelsea Groton Bank  

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.7 billion in assets. Chelsea Groton Bank’s products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning, and financial education programming. With 14 branch locations throughout New London County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, video banking, and nationwide ATM banking for individuals, families and businesses. To learn more, please visit www.chelseagroton.com. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.