Charter Oak Appoints Paul Filippetii to Board of Directors

Newest Board Member Is Partner in Regional Accounting Firm, Active With Local Non-Profits
Waterford, CT – The Board of Directors of Charter Oak Federal Credit Union has appointed Paul Filippetti, a local financial-services executive and Certified Public Accountant, to serve on the seven-member board that oversees eastern Connecticut’s largest credit union.

Filippetti had served as a member of Charter Oak’s Supervisory Committee since January 2012, assisting with various oversight and audit responsibilities for Charter Oak’s Board of Directors.

"Paul brings an excellent perspective to our Board," said Guy Henry, Charter Oak's Chairman of the Board of Directors. "His extensive experience in the accounting and financial-services field combined with his knowledge of Charter Oak as a Supervisory Committee member will be strong assets to our Board," he said. "Paul's also committed to the community through his involvement with local boards and organizations, and that's very important to a community-based credit union like Charter Oak," said Henry.

Filippetti is a Partner with Hoyt, Filippetti & Malaghan LLC, a full-service accounting firm with offices in Groton and Westerly, R.I. The firm provides a broad range of services to both individuals and businesses in eastern Connecticut as well as Rhode Island, including accounting, tax preparation, and financial and retirement planning.

Filippetti is a Mystic resident and graduate of the University of Connecticut with a Bachelor of Science degree in Accounting. He has been a member of Charter Oak since 1984 and has more than 30 years of experience with not-for-profit organizations.

He is active in numerous professional, civic and community organizations, including the American Institute of Certified Public Accountants and the Connecticut Society of CPAs. In addition, he serves on the Board of Directors as Treasurer for the Groton Parks Foundation and Treasurer of the Groton Housing Authority.

Charter Oak is eastern Connecticut’s largest credit union with 15 branches in New London and Windham counties, providing one of the largest and most convenient branch networks of any financial institution serving eastern Connecticut. For more information about Charter Oak’s range of products and services, please visit any of our convenient branches, or visit our website at, or contact our Call Center at 860.446.8085 or 800.962.3237. Federally insured by NCUA. Equal Housing Lender.

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Charter Oak Federal Credit Union is like a bank, just better! We've been proudly serving eastern Connecticut since 1939 and we offer great checking, deposit, lending, insurance and investment products. And because we're a credit union, we're owned by our members, not by shareholders. So we can offer lower rates on loans and higher rates on deposits. It's easy to become a Charter Oak member: simply live, work, worship, learn, or volunteer in New London or Windham counties. So join today and see why Members Bank Better at Charter Oak! Learn more at, or visit any of our convenient branches, or simply call 860.446.8085 or 800.962.3237.