Student Scholarship Program - Charter Oak Federal Credit Union

Congratulations To Our 2021 Scholarship Winners!

Charter Oak received nearly 200 applications for our 2021 Community Giving Scholarship Program! After a highly competitive selection process, we’re proud to announce that we’ve awarded 47 individual $2,000 scholarships, including 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!

Our 2021 Scholarship Winners are:

High School

Sarah Charpentier, Academy of the Holy Family
Olivia Dickinson, ACT Magnet High School
Jamie Greene, Bacon Academy
Chelsea Weimer, East Lyme High School
Sarah Hodgdon, East Lyme High School
Nicole Burgon, East Lyme High School
Gabbriella King, Edwin O. Smith High School
Leslie Melendez, Ella T. Grasso Technical High School
Madison Spinelli, Griswold High School
Sophie Griffin, Killingly High School
Meghan Wrobel, Killingly High School
Megan Cravinho, Lyme-Old Lyme High School
Eveliz Fuentes, Lyme-Old Lyme High School
Quinn Mignosa, Marine Science Magnet High School
Emily Tarinelli, Marine Science Magnet High School
Sophie Giurleo, Montville High School
Leydi Martinez, New London High School
Brenna Comeau, Norwich Free Academy
Zachary Ruta, Norwich Free Academy
Kyle Benito, Parish Hill High School
Kathryn Waite, Plainfield High School
Abby St. Martin, Putnam High School
Cierra O’Grady, Robert E. Fitch High School
Alyson Cabral, Robert E. Fitch High School
Rachel Kunka, Saint Bernard School
Adam Bryant, Science and Technology Magnet High School
Annabelle Axtell, Science and Technology Magnet High School
Colin Wertz, Stonington High School
Celia Moffitt, Stonington High School
Marissa Sasso, Stonington High School
Carly Millette, The Woodstock Academy
Eli Werstler, The Woodstock Academy
Caroline Wilcox, The Woodstock Academy
John Steglitz, Tourtellotte Memorial High School
Kevin McEntarfer, Waterford High School
Jenna Morin, Waterford High School
Nitya Somineni, Waterford High School
Benjamin Dobley, Wheeler High School
Nolyette Verastegui, Windham High School

College

Amara Robinson, California Baptist University
Samuel Kasem-Beg, Connecticut College
Aaron Nyambe, Middlesex Community College
Josefina Alvarez, Mitchell College
Julia Paul, University of Connecticut
Collin Carofano, University of Rhode Island
Kinsley Green, University of Saint Joseph
Jamal Neal, Yale Divinity School

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Please note: Charter Oak awards scholarships on an annual basis and will begin accepting applications again in January 2022, when additional information and electronic applications will be available on CharterOak.org.

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.