Charter Oak Federal Credit Union

Charter Oak Federal Credit Union was founded in 1939 when ten shipyard workers in Groton  pooled $25 each to establish a lending institution for their fellow workers. What began as a $250  investment has since grown into Eastern Connecticut’s largest credit union, with over $1.6 billion  in assets and a network of branches offering comprehensive financial services. Despite its growth,  Charter Oak remains committed to its founding mission—serving its members with exceptional  service and innovative financial solutions while being a trusted financial partner for the community.