Charter Oak Receives United Way Awards

Agency Honors Credit Union for Partnership Spanning Four Decades

Waterford, CT – Charter Oak Federal Credit Union has received two Chairman’s Awards from the United Way of Southeastern Connecticut in recognition of Charter Oak’s longtime partnership with the Gales Ferry-based social services agency.

United Way bestowed its Loyal Company of the Year Award and its Benefactor Award to Charter Oak during the agency’s 2016-17 Campaign Celebration and Chairman’s Awards Presentation on May 5th at the Mohegan Sun.

“We’re very proud of our 40-year partnership with United Way,” said Brian A. Orenstein, Charter Oak’s President and Chief Executive Officer. “Supporting the United Way is part of our culture here at Charter Oak, whether it’s through employee contributions or countless hours of volunteering,” he said.

“Our employees give generously of both their time and money because all of us at Charter Oak believe in Living United,” said Orenstein, who also serves as Chairman of the United Way Board of Directors.

Charter Oak has been a longtime United Way Gold Level Corporate Benefactor. In addition, Charter Oak awards grants to United Way’s Project Warm-Up and the Gemma E. Moran United Way/Labor Food Center, and each year Charter Oak sponsors a United Way holiday turkey giveaway to those in need in southeastern Connecticut.

Charter Oak also conducts an annual United Way School Supply Drive among employees who donate thousands of much-needed school supplies to students throughout the region. Charter Oak employees have adopted United Way’s Mobile Food Pantry site in Salem and volunteer there on a monthly basis, and the credit union is an annual sponsor of the popular United Way AFL-CIO Golf Tournament.

Charter Oak is eastern Connecticut’s largest credit union with assets of $1.01 billion as of March 31, 2017. Charter Oak has a 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 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.