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


  • 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

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


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.


Savings Accounts


*APY = Annual Percentage Yield

Auto Loans


**APR = Annual Percentage Rate

Checking Accounts


*APY = Annual Percentage Yield


**APR = Annual Percentage Rate

Rates effective September 20, 2021