Charter Oak Donates Additional $32,000 to Assist Region's Food Pantries

Charter Oak Federal Credit Union has donated $32,000 in additional emergency food assistance to eastern Connecticut’s food pantries and food centers to increase food supplies to those in need during the continuing COVID-19 health crisis.

Since this past April, Charter Oak has donated a total of $139,000 in emergency grants for much-needed food supplies to food centers and food pantries that serve New London and Windham counties.

“The effects of COVID-19 are still impacting our region, especially for those who face food insecurity issues, and it’s our hope that this additional $32,000 will go a long way in restocking supplies for those most in need during this pandemic,” said Brian A. Orenstein, Charter Oak’s President and Chief Executive Officer.

The 16 eastern Connecticut organizations that received emergency food assistance from Charter Oak  include: Always Home in Mystic; Care & Share of East Lyme; Covenant Soup Kitchen in Willimantic; Friends of Assisi Food Pantry in Danielson; Interfaith Human Services of Putnam-Daily Bread; Gemma E. Moran United Way/Labor Food Center in New London; Groton Social Services Food Lockers; Montville Food Bank (Montville Social Services); New London Area Food Pantry; New London Community Meal Center; New London Homeless Hospitality Center; Norwich Community Meal Program DBA Lee Memorial UMC; Pawcatuck Neighborhood Center; Rosalyn Allen Food Pantry in Norwich; Saint Mary’s Church Food Pantry in Jewett City; and Saint Vincent De Paul Place in Norwich.

The emergency food donations are funded through Charter Oak’s Community Giving Program, which annually awards sponsorships and grants to non-profits and charitable groups across eastern Connecticut. Charter Oak’s Community Giving Program also includes its Matching Gifts Program, which awarded a combined $400,000 in Charter Oak and member donations to charities and non-profits in 2020, as well as Charter Oak’s $90,000 annual scholarship program for high school and college students. During 2020, Charter Oak’s community giving efforts totaled nearly $550,000 in New London and Windham counties and since Charter Oak expanded its community outreach efforts in 2009 it has committed more than $3.5 million in assistance to individuals, non-profits, and charitable organizations.

Charter Oak is eastern Connecticut’s largest credit union with assets of $1.41 billion as of December 31, 2020. For more information about Charter Oak’s broad range of products and services, please visit any of our convenient branches, call our Contact Center at 860.446.8085 or visit Federally insured by NCUA. Equal Housing Lender.

About Charter Oak Federal Credit Union
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. Join today and see why Members Bank Better at Charter Oak!