DEPOSITS

Rates ​Effective January 22, 2018

 


FEATURED SPECIAL

Get 3% APY on Charter Oak Go Checking
click here for details below


SAVINGS (Share Accounts)

Product Balance APY*
Regular Shares > $0 0.05%
IRA Shares (Individual Retirement Accounts) > $0 0.05%
Club Accounts (Holiday and Vacation) > $0 0.05%
HSA (Health Savings Accounts) > $0 2.50%
Jumbo Money Market Account
Regular or IRA
$0.01 - $9,999.99
$10,000.00 - $49,999.99
$50,000.00 - $99,999.99
>= $100,000.00
0.15%
0.20%
0.30%
0.40%
Accumulator Money Market Account+
 
 
 
Accumulator Default Rate
(if account conditions are not met)
$0.01 - $2,000.00
$2,000.01 - $6,000.00
$6,000.01 - $10,000.00
> $10,000.00
All Balances
 
3.00%
2.00%
1.00%
0.25%
0.05%
 

+(APY = Annual Percentage Yield). The Accumulator Money Market Account is a split rate tiered account and will earn the stated APY only for the account balance within each tier.
To earn the stated APYs, you must have a GO Checking or SUN Checking Account with a month end balance of at least $100. Failure to meet this requirement will cause the account to earn the “Default APY” of 0.05% across all tiers. (Please visit CharterOak.org or call 860.446.8085 for GO Checking and SUN Checking Account information.) Limit of one Accumulator Money Market Account per Social Security or Tax Identification Number. The Accumulator Money Market Account is a variable rate account and the rates can change at any time.

Share & IRA Certificates

Term Minimum Balance APY*
30 Day $10,000 0.05%
3 Month $1,000 0.15%
6 Month $1,000 0.30%
12 Month $1,000 0.40%
Gold - 18 Month 2 $1,000 1.00%
24 Month $1,000 0.70%
36 Month $1,000 1.10%
48 Month $1,000 1.25%
60 Month $1,000 1.50%
72 - 120 Month $10,000 1.50%

Share Certificate SPECIALS

Term Minimum Balance APY*
8-Month Penalty Free+ $1,000 1.60%
20-Month Certificate++ $1,000 2.00%

+ The stated APY assumes that the dividends will remain on deposit until maturity. Effective January 3, 2018. Minimum balance to open is $1,000.00. The stated APY is for “Gold Rewards” members. The stated APY is available for non-“Gold Rewards” members who open a certificate with funds that are not on deposit at Charter Oak Federal Credit Union. This offer can be withdrawn at any time.

You may withdraw one time the total balance and dividends without penalty after the first seven days that the account is opened. Withdrawals that are made seven days or less from the date that the certificate is opened are subject to a penalty of 1% of the certificate balance net of accrued dividends. No partial withdrawals of principal are allowed at any time. Not available on HSA, IRA and other retirement accounts. A Jumbo Money Market Account is required to be opened to receive certificate funds at maturity. Rate is subject to change at any time. This offer can be withdrawn at any time.

++ The stated APY assumes that the dividends will remain on deposit until maturity. Effective January 3, 2018. Minimum balance to open is $1,000.00. A Jumbo Money Market Account is required to be opened to receive certificate funds at maturity. Rate is subject to change at any time. Not available on HSA, IRA and other retirement accounts. A penalty for early withdrawal may apply. This offer can be withdrawn at any time.

CHECKING (Share Draft Accounts)

Product Balance APY*
GO Checking ‡
 
GO Checking Default Rate
(if account conditions are not met) ‡
<= $10,000
> $10,000
All Balances
 
3.00%
0.25%
0.05%
 
Charter Classic >= $1,000 0.05%

‡ GO Checking disclosure and rate information: The GO Checking Account is a split rate tiered account. 3.00% APY is paid on balances up to $10,000. Balances over $10,000 earn 0.25% APY. The default APY of 0.05% will be applied to all tiered balances if account conditions are not met. All Charter Oak foreign ATM fees will be rebated. Surcharge fees charged by other financial institutions or networks will be rebated up to $9.99 each to a maximum of $20 a month and rebated at the end of the month. Minimum opening deposit of $50. Rates are variable and can change at any time. Account limitations: To earn the stated APYs your account must have e-Statement, Online Banking and 10 Debit Card transactions posted per month (excluding ATM transactions) and have either Direct Deposit of $750 posted in each calendar month or have 4 unique “Bill Pays” cleared in each calendar month except for the month the account is opened. Failure to meet any one of these requirements during a calendar month will cause the account to earn the default APY of 0.05% on all tiered balances and ATM fees will not be rebated. This offer can be withdrawn at any time.
 

Business Checking

Product Balance APY*
Premier Business Checking Account $0.01 - $24,999.99
$25,000.00 - $99,999.99
$100,000.00 - $249,999.99
>= $250,000.00
0.05%
0.10%
0.30%
0.50%
Non-Profit 501 (c) Checking 1 $0.01 - $24,999.99
$25,000.00 - $99,999.99
$100,000.00 - $249,999.99
>= $250,000.00
0.05%
0.30%
0.50%
0.50%

* APY = Annual Percentage Yield. APY accurate as of last dividend declaration date. Fees could reduce earnings on an account. Substantial penalties for early withdrawal from share and IRA certificates. The Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. Must qualify for credit union membership.

1- Available to Non-Profit 501 (c) Organizations. Some restrictions may apply. See a Member Service Representative for details.

2- Available only to Gold Rewards Members; to see if you qualify for the Gold Rewards program, you may visit our website at CharterOak.org/goldrewards, call 860.446.8085 or 800.962.3237 or see a Member Service Representative for program details.

 

Enjoy these great offers!

 

EARN
 

1.60%apy*


ON AN 8-MONTH

CERTIFICATE





 

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* APY = Annual Percentage Yield

 

EARN
 

2.00%apy*


ON A 20-MONTH

CERTIFICATE





 

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* APY = Annual Percentage Yield

 

EARN
 

3.00%apy*


ON GO CHECKING

ACCOUNTS


UP TO $10,000, PLUS ATM
FEE REBATES​


 

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* APY = Annual Percentage Yield

 

ACCELERATOR MORTGAGES
AS LOW AS

2.49%  /
2.55%apr**


 

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** APR = Annual Percentage Rate