Charter Oak Federal Credit Union

Charter Oak Federal Credit Union is a mid-sized, federally-chartered credit union headquartered in Groton, CT. The credit union operates 9 branches in 1 state (Connecticut). It has $623.5 million in assets and roughly 76,500 members.

Products offered include: Charter Oak CD, IRA CD, Regular Shares, IRA Savings, Health Savings and Premier Business Checking.

Phone: 860-446-8085
Headquarters: Groton, CT
NCUA #: 3413
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Current Charter Oak Federal Credit Union Rates

Name Term
APY
Min Deposit Max Deposit
Charter Oak CD 3 months
0.15 %
$1,000
6 months
0.30 %
$1,000
7 months
0.30 %
$1,000
8 months
0.30 %
$1,000
1 year
0.40 %
$1,000
15 months
0.40 %
$1,000
2 years
0.70 %
$1,000
3 years
1.10 %
$1,000
4 years
1.25 %
$1,000
5 years
1.50 %
$1,000
(see additional rates)
IRA CD 3 months
0.15 %
$1,000
6 months
0.30 %
$1,000
7 months
0.30 %
$1,000
8 months
0.30 %
$1,000
1 year
0.40 %
$1,000
15 months
0.40 %
$1,000
2 years
0.70 %
$1,000
3 years
1.10 %
$1,000
4 years
1.25 %
$1,000
5 years
1.50 %
$1,000
(see additional rates)

Charter Oak Federal Credit Union Membership Eligibility

Charter Oak is a community credit union. Membership is open to anyone who lives, works, goes to school, volunteers, or worships in all cities and towns in New London County and Windham County, Connecticut. Membership also extends to immediate family or household members as well as businesses and other legal entities.

About Charter Oak Federal Credit Union

Charter Oak Federal Credit Union is a not-for-profit financial co-operative. We are organized to serve the ever changing financial needs of a specific group of individuals: our member-owners. Charter Oak is headquartered in Groton, Connecticut, the "Submarine Capital of the World".

We are very different from a bank; the people who do business with us are members, not customers. Our earnings are returned to the members in the form of lower rates and fees on loans and higher rates on share deposits. A portion of our earnings are allocated to the development of new products and services and state of the art technology.

We are governed exclusively by our member-owners, not stockholders. Our entire Board consists of directors elected from the membership at large. The Board, working with management, decides how the credit union is operated. Each member of our management team is also a member of the credit union.

We invite you to experience the difference. Become a member of Charter Oak today!

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