Scholarship Program

Charter Oak is proud to offer at least one $2,000 scholarship to each high school with an enrollment of 100 students or more in New London and Windham counties.

While we do consider an applicant’s individual academic achievements, our scholarship program focuses on how applicants have improved their schools and communities through extracurricular activities, individual community outreach, and involvement in community programs and activities. Applications will be available in early January.


Congratulations To Our 2023 Scholarship Winners!

Charter Oak received over 160 applications for our 2023 Community Giving Scholarship Program!

After a highly competitive selection process, we’re proud to announce that we've awarded 48 individual $2,000 scholarships as well as two employee-funded Community Outreach Scholarships for $2,000 each to a very impressive group of students in New London and Windham counties.

These students showed a strong commitment to their academic studies as well as to their local communities across eastern Connecticut. Thank you to all of the students who submitted their impressive applications to this year's Charter Oak Community Giving Scholarship Program!

High School

Andrew Darling, Bacon Academy

Nikhita Bolineni, East Lyme High School

Kenya Greene, East Lyme High School

Owen Griswold, Ella T. Grasso Technical High School

Jackson Collins, Griswold High School

Amanda Wrobel, Griswold High School

Zoe Miller, Killingly High School

Carley DiMartino, Killingly High School

Isabella Rowan, Ledyard High School

Grace Walenczyk, Ledyard High School

Livie Bass, Lyme-Old Lyme High School

Alexis Fenton, Lyme-Old Lyme High School

Gracie Davidson, Marine Science Magnet High School

Sarah Tarinelli, Marine Science Magnet High School

Kelsey Beaupre, Montville High School

Matthew Malbaurn, Montville High School

Hildalyn Joran, New London Multi Magnet High School

Kmara Royster, New London Visual and Performing Arts Multi Magnet High School

Ethan McMahon, Norwich Free Academy

William Ambruso, Norwich Free Academy

Zachary Tomaszek, Norwich Technical High School

Alana Gercic, Plainfield High School

Maya Gerum, Pomfret School

Emily St. Martin, Putnam High School

Jacob Mailloux, Putnam High School

Luca Ursini, Robert E. Fitch High School

Aurora Clinton, Robert E. Fitch High School

Alyssa Lazarou, Saint Bernard High School

Domonic Robinson, Saint Bernard High School

Diya Patel, Stonington High School

Rachel Fretard, Stonington High School

Jacob Bundesmann, Stonington High School

Anika Garg, The Williams School

Reese Gendreau, Tourtellotte Memorial High School

Emma DeVito, Waterford High School

Jordon Dunkerley, Waterford High School

Emily Bergamo, Waterford High School

Benjamin Nave, Wheeler High School

Broderick Belanger, Windham Technical High School

Madison Bates, Woodstock Academy

Ella Rose Musumeci, Woodstock Academy


Clayton Singleton, Clark University

Silas Gates, Iona University

Nydesja Pearson, Morgan State University

Luisanny Castillo, Providence College

Alyssa Miner, Three Rivers Community College

Emma Larson, Three Rivers Community College

Luke Kindel, Three Rivers Community College

Meghan Wrobel, Eastern Connecticut State University

Hannah Nicholson, Salve Regina University

Other Student Options

Not only can we help ease the burden of college expenses by offering our scholarship program, but we can offer you a great option to save and smart ways to borrow!

  • Bright Future Savings Account: Earn 3.00% APY* on the first $2,000.00 of your balance! Now available to members between the age of 14 and 28! Learn more!

  • Bright Future Checking**: No minimum balance, ATM fee rebates, and our new “Grow My Change” savings feature that rounds up your debit card transactions to the nearest whole dollar and deposits the difference into your high-yield Bright Future Savings Account! Available to members between the age of 14 and 28. Learn more!
  • Student Lending Options via Sallie Mae: We are partnering with Sallie Mae to offer our members their Smart Option Student Loans. Find out more today!

*(APY = Annual Percentage Yield) The Bright Future Savings Account is a "Split Rate Tiered" account. You will earn the stated APY only for the account balance within each tier. 3.00% APY is paid on balances up to $2,000.00. Balances over $2,000.00 earn 0.25% APY. The account is a variable rate account and rates can change at any time. This account may only be opened by members between the ages of 14 and 28. After reaching age of 29, account will remain open at the discretion of the account holder. APY is effective November 1, 2020. This offer can be withdrawn at any time. No minimum to open. Limit of one Bright Future Savings Account per Social Security number.

**The Bright Future Checking Account is available for individuals between 14 and 28 years of age. Individuals age 14 through 17 require a parent/guardian as a joint account owner. At age 29, the Bright Future Checking Account will convert to Charter Oak’s GO Checking Account. See GO Checking Disclosure for account requirements. The Bright Future Checking Account will rebate all Charter Oak foreign ATM fees daily and ATM fees surcharged by other financial institutions or networks up to $9.99 each to a maximum of $10 per month will be rebated monthly if certain conditions are met. Account Conditions: To earn the rebate of ATM fees, you must have e-Statement, Online Banking, and 5 Debit Card transactions posted per month (excluding ATM transactions) and a Bright Future Savings Account. Failure to meet any one of these requirements during a calendar month will cause ATM fees surcharged by other financial institutions to not be rebated. This offer can be withdrawn at any time. Limit of one Bright Future Checking Account per Social Security number.

Financial Literacy

Charter Oak also gives back to the community by promoting financial education and awareness. Our two high school branches (located at Killingly High School in Dayville and Robert E. Fitch High School in Groton) employ students interested in careers in financial service, and encourage students to start saving for the future.