Featured Savings Rates
Featured Accounts

Charter Oak Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
3.00%Reward CheckingGO Checking
1.50%5-year CD60 Month Share Certificate
1.25%4-year CD48 Month Share Certificate

Overview / Commentary
860-446-8085
1055 Hartford Tpke
Waterford, CT 06385

Charter Oak Federal Credit Union is headquartered in Waterford and is the 3rd largest credit union in the state of Connecticut. It is also the 275th largest credit union in the nation. It was established in 1939 and as of March of 2016, it had grown to 184 employees and 59,892 members at 15 locations. Charter Oak Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, volunteer, or worship in all cities and towns in New London County and Windham County, Connecticut. Membership is also open to immediate family or household members as well as businesses and other legal entities.
See current membership details

Related Posts

View all posts from:


Reviews (1)

Charter Oak Review

Posted by: billy16 | May 12, 2016

I went in just for free checking and got more than that for free. As long as I did direct deposit and had a minimum of a few thousand, I was able to get a huge interested return as gold member. Also, the mortgage rates offered to be were unbeatable compared to the big banks. The only thing I did not like and enjoyed is is mobile and website interface. It was great overall.



Health
A

Health Grade Components

Overall
NCUA #3413
Year Chartered1939
Employees184
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD3.79%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$958.5MM$869.0MM
LoansQ1 2016vs Q1 2015$759.7MM$669.0MM
DepositsQ1 2016vs Q1 2015$772.7MM$720.4MM
Equity CapitalQ1 2016vs Q1 2015$91.2MM$86.7MM
Loan Loss AllowanceQ1 2016vs Q1 2015$3.6MM$4.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.9MM$4.2MM
Real Estate OwnedQ1 2016vs Q1 2015$870.00K$135.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Charter Oak Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Charter Oak Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%--Health Savings Account
0.05%--Regular Shares
0.05%--Holiday Club Account
0.05%--Vacation Club Account
0.05%--IRA Shares
0.05%--Roth IRA Shares
0.05%--SEP IRA Shares

Charter Oak Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Jumbo Money Market Account
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Jumbo IRA Money Market Account
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Jumbo Roth IRA Money Market Account
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Jumbo SEP IRA Money Market Account
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $50k | 0.30% $50k - $100k

Charter Oak Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$10kGO Checking
OTHER TIERS: 0.25% $10k+
0.50%*$250k*$2mPremier Business Checking Account
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $100k | 0.30% $100k - $250k
0.50%*$100k*$2mNon-Profit 501 Checking
OTHER TIERS: 0.05% Up to $25k | 0.30% $25k - $100k
0.05%$1k-Charter Classic Share Draft

Charter Oak Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$10k-72-120 Month Share Certificate
1.50%$1k-60 Month Share Certificate
1.25%$1k-48 Month Share Certificate
1.10%$1k-36 Month Share Certificate
1.00%$1k-18 Month Gold Share Certificate
0.70%$1k-24 Month Share Certificate
0.40%$1k-12 Month Share Certificate
0.30%$1k-6 Month Share Certificate
0.15%$1k-3 Month Share Certificate
0.05%$10k-30 Day Share Certificate

Charter Oak Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$1k-60 Month IRA Certificate
1.50%$10k-72-120 Month IRA Certificate
1.25%$1k-48 Month IRA Certificate
1.10%$1k-36 Month IRA Certificate
0.70%$1k-24 Month IRA Certificate
0.40%$1k-12 Month IRA Certificate
0.30%$1k-6 Month IRA Certificate
0.15%$1k-3 Month IRA Certificate
0.05%$10k-30 Day IRA Certificate
Locations

Charter Oak Federal Credit Union has 15 locations. Click to view all Charter Oak Federal Credit Union locations.