SCHOLARSHIP PROGRAM

 

Charter Oak is proud to once again award $90,000 in scholarships to well-deserving high school and college students in New London and Windham counties as part of our 2018 Scholarship Program.


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 5.00% APY** on the first $2,000.00 of your balance! Now 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. 5.00% 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. This offer can be withdrawn at any time. No minimum to open. Limit of one Bright Future Savings 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 Senior High School in Groton) employ students interested in careers in financial service, and encourage students to start saving for the future.
 

Enjoy these great offers!

 

EARN
 

2.30%apy*


ON A 7-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

UP TO $10,000


ATM  REBATES AND MUCH MORE!
 


 

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*APY=Annual Percentage Yield

 

ACCELERATOR MORTGAGES
AS LOW AS

3.59%  /
3.65%apr**


 

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** APR = Annual Percentage Rate