Charter Oak Donates $23,800 to Local Community Organizations

Third Quarter Grant Recipients Announced For New London And Windham Counties

Waterford, CT – Charter Oak Federal Credit Union donated $23,800 to community organizations throughout New London and Windham counties as part of its third quarter Community Giving Grants disbursement.

Grant recipients included the Florence Griswold Museum, H.H. Ellis Technical Booster Club Parent Faculty Organization, Higher Edge, Hygienic Art, Inc., Light House Voc-Ed Center, Martin House, Inc., New London High School Music Boosters, Inc., New London Youth Affairs, Thames River Community Service, Inc., Thames Valley Council for Community Action, Inc., and Sofia Sees Hope.

Charter Oak reviews grant requests on a quarterly basis. The next deadline is October 1, 2017. To learn more or to download an application, visit

Charter Oak’s Community Giving Program has so much to offer the community. Through its sponsorship program, the credit union supports a variety of programs, events and community groups that may not fall under the 501(c) category. In addition, the credit union awards 45 college scholarships annually, totaling $90,000. The scholarship program will go live in January and all student-members are encouraged to apply.

Currently, Charter Oak is offering its members an opportunity to maximize their giving power through its Matching Gifts Program. Through this program, donations up to $500 are eligible to be matched. Visit to learn more about any facet of the credit union’s Community Giving Program.

Charter Oak is eastern Connecticut’s largest credit union with assets of $1.02 billion as of June 30, 2017. Charter Oak has an expansive and convenient network of 16 branches serving 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 broad 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.