Chelsea State Bank has started collecting toys for Sean Gartke’s Eagle Scout Project. His goal is to deliver toys to kids at the University of Michigan – C.S. Motts Children’s Hospital during the holidays. “Eagle Scout Sean Gartke asked if we would help support him collect toys for kids who are in the hospital during… Read More
HELOC vs Personal Loan: Which is Right For You?
When looking for extra money today, there are two popular options many consumers consider – a home equity line of credit (HELOC) and a personal loan. From home improvements to debt consolidation, there are loans available to help with your financial needs, which is why many people will look at using the equity in their… Read More
How Much Equity Do You Need for a Home Equity Loan?
When looking to remodel your home, consolidate debt, pay off student loans, buy an RV, pay taxes, or just have money for an emergency – a home equity loan is an ideal way to borrow money for these dreams and emergencies. The ways in which you can use a home equity loan are almost endless…. Read More
Employee Spotlight: Nancy Weir
Meet Nancy Weir – one of the kindest people you will meet at Chelsea State Bank and in the city of Chelsea – she always has a smile for you! A lifelong Chelsea resident, Nancy is Assistant Vice President and Supervisor of Deposit and Loan Operations at Chelsea State Bank. She began her career with… Read More
A valued partner to provide sound investment advice: Affinity Wealth Solutions
In March of 2019, Chelsea State Bank (CSB) partnered with Affinity Wealth Solutions to offer investment services to CSB’s customers. Affinity Wealth Solutions gives CSB customers accessibility to investment services including, investment management, retirement planning, estate planning, insurance planning, education funding and charitable giving strategies. “We are excited to partner with an established firm like… Read More
Employee Spotlight: Betty Campbell
If you are a customer of Chelsea State Bank, own a business in Downtown Chelsea, or have participated in community events over the years – You know Betty Campbell! Betty has been with Chelsea State Bank since 1985. She has progressed through the ranks as a teller, vault teller, head teller and customer service representative…. Read More
CEO John Mann Honored with 2020 Best of Community Banking Award
Chelsea State Bank has the distinct pleasure to announce Chairman and CEO John Mann has received The Best of Community Banking Award for 2020 by the Community Bankers of Michigan (CBM). Mann was honored with this prestigious award at CBM Annual Convention held at the Grand Traverse Resort in Traverse City this September with his… Read More
Employee Spotlight: Jacob Grob
Jacob Grob – A Genuinely Nice Guy At Chelsea State Bank – YOU matter. One of the qualities you’ll find at a community bank is the emphasis on exceptional customer service. As a Customer Service Representative, Jacob Grob is going to make sure you are well taken care of when you work with him. Jacob… Read More
5 Factors that Influence Home Equity Approval
When considering the factors that influence the approval of a home equity loan, and for any loan actually, the number one thing that your financial institution will consider is your creditworthiness, i.e., can you pay back the loan. These are the Five Factors That Will Influence Your Home Equity Approval. Income and employer Mortgage obligation… Read More
What Documents are Needed to be Approved for a Home Equity Loan
When you’re in the market for a home equity loan, your bank will want to know about your current mortgage and your creditworthiness. That is, have you made your mortgage payments on time, have you built equity in your home, and can the bank take a risk on you and lend you money. Therefore your… Read More