CHARTER OAK FEDERAL CREDIT UNION

Welcome to Charter Oak, your trusted financial partner located at 335 Main St, Niantic, CT 06357. Since our establishment in 1939, we have been dedicated to serving our community with integrity and commitment. With a strong membership base of 88,138 and total assets amounting to an impressive $1,580,380,430, we pride ourselves on being a reliable choice for personal and business banking needs. At Charter Oak, we understand that every member's financial journey is unique. Our array of services includes everything from checking and savings accounts to auto loans and mortgage financing. With over 19,000 loans issued, our commitment to helping you achieve your financial goals has never been stronger. While members can visit us at our Niantic branch, official correspondence should be sent to the same address for consistency. As a member-focused credit union, we emphasize transparency and accessibility in all our interactions. Our leadership team, led by CEO Brian Orenstein and Board President Guy Henry, is here to ensure you receive the best service possible. With robust financials such as total deposits of $191,133,141 and net worth of $177,532,367 we are well-equipped to support you in reaching your financial aspirations. Whether you prefer online banking or need assistance in person, our friendly staff is ready to help. For inquiries or assistance, feel free to call us at 860-446-8085 during our lobby hours from Monday to Friday between 9:00 AM and 5:00 PM. We invite you to discover the benefits of membership with Charter Oak today! Visit us online at charteroak.org for more information about our services and how we can assist you in achieving your financial dreams.

At Charter Oak, we believe that becoming a member is like joining a supportive family where your financial well-being is our top priority. If you live, work, worship, or attend school in the Niantic area, you're already eligible to become part of our community. We welcome individuals from all walks of life, aiming to provide everyone with the tools they need for financial success. You'll enjoy a range of benefits, including competitive rates on loans and savings accounts, personalized service, and access to online and mobile banking features that make managing your finances easy and convenient. Joining us is simple! Just visit us at 335 Main St Niantic Ct 06357 or give us a call at (860) 446-8085 for more details on how to open your account. For the latest eligibility criteria and updates, feel free to check out our website at . We can't wait to help you take this important step toward securing your financial future!

At Charter Oak, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that the strength of our financial foundation is essential for your peace of mind and success. With a net worth of $177,532,367, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid base translates into confidence for you as a member, knowing that your funds are secure with us. Our net worth ratio of $1,123 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. We take pride in being a reliable partner in your financial journey. Members' savings are secured through $337,930,368 in share certificates and $242,671,367 in money market shares, offering stable and rewarding financial growth opportunities. This commitment to safeguarding your investments helps build a secure future for all our members. Unlike traditional banks, we prioritize our members. With non-member deposits at $10,108,247, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Your trust means everything to us. With $177,222,759 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This approach allows us to continuously improve the services you rely on. Our lending capacity supports members' financial goals across various sectors with $9,008 in used auto loans and $928,685,774 in total loans and leases. Whether you're looking to buy a car or invest in other needs, we're here to help you achieve your dreams. Our operational efficiency shines through with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We work hard to make sure you get the best value possible. We also take pride in having 185 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our dedicated staff is here to guide you through every step of your financial journey. Net Shares (funds available for lending and investments) amount to $27,739,393, showcasing our ability to support your needs today and tomorrow. Additionally, we have built a strong member base with a total of 209,981 share accounts that trust us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Charter Oak is your trusted partner. Visit us at 335 Main St Niantic Ct 06357 or call (860) 446-8085 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*