It’s Easy to Apply!

Apply today

Or visit one of our preferred dealers!

Call a Charter Oak representative at 860.446.8085 or 800.962.3237 or visit any Charter Oak Branch.

Vehicle Loans

Pick out the car of your dreams and get convenient, low-cost Charter Oak financing!

New and Used Car Loans
Model Year ** Rates As Low As
2020 & Newer 1.99% APR*
2018 – 2019 1.99% APR
2015 – 2017 1.99% APR
2012 – 2014 3.74% APR
2011 4.74% APR

*APR=Annual Percentage Rate. APR effective March 5, 2021. **Your rate may vary depending on your credit history, year of vehicle, and term of loan. The lowest APR assumes that your vehicle meets our underwriting guidelines and you have an excellent credit history.

  • Convenient terms to fit your budget
  • Guaranteed Asset Protection Insurance (GAP) available
  • $25 Rebate for new loans with automatic payment from a Charter Oak account
  • Car lease running out? We offer off-lease financing, with great rates and great terms!

Please note:

  • Loan to values are based on total amount of funded loan divided by MSRP for new vehicle and NADA Retail for used vehicles.
  • Maximum used vehicle mileage: 125,000
  • No commercial use vehicles, max GVW 10,000 lbs
  • Minimum amount financed for new or used vehicles: $5,000 (except 84 month term)
Apply today

Find a Preferred Dealer

We have partnered with the dealerships listed below in your neighborhood to offer you a convenient way to purchase a vehicle and get your credit union financing.

A.B.C. Automotive 114 Columbia Ave, Willimantic, CT 06226 860.423.3816
Antonino Acura Route 184, 340 Gold Star Hwy, Groton, CT 06340 860.448.1299
Bowen’s Garage Inc 184 Eastford Rd, Eastford, CT 06242 860.974.0363
Brustolon Buick-GMC 47 Stonington Westerly Rd, Mystic, CT 06355 860.536.2626
Capitol Chrysler Dodge Jeep Ram
1520 W. Main St, Willimantic, CT 06226 860.423.4516
Cardinal Honda
531 Route 12, Groton, CT 06340 860.449.0411
Cargill Chevrolet 23 Livery St, Putnam, CT 06260 860.928.6591
Central Ford 98 Lathrop Rd, Plainfield, CT 06374 860.564.4014
Central Hyundai 98 Lathrop Rd, Plainfield, CT 06374 860.564.4014
Central Mazda 98 Lathrop Rd, Plainfield, CT 06374 860.564.4014
Central Volkswagen 98 Lathrop Rd, Plainfield, CT 06374 860.564.4014
Charles Toyota-Scion 500 West Thames St, Norwich, CT 06360 860.889.8375
Columbia Ford 234 Willimantic Rd, Columbia, CT 06237 860.228.2886
Crest Ford 218 Flanders Rd, Niantic, CT 06357 860.739.5403
European Motorcars 1158 Newfield Street, Middletown, CT 06457 860.632.2355
Falvey’s Motors 395 West Thames St, Norwich, CT 06360 860.889.3371
Gates GMC-Buick-Nissan 143 Boston Post Rd, North Windham, CT 06256 860.456.0055
Girard Ford 450 West Thames St, Norwich, CT 06360 860.889.2601
Girard Nissan 425 Gold Star Highway, Groton, CT 06340 860.448.0050
Girard Toyota BMW of New London 543 Coleman St, New London, CT 06320 860.447.3141
Grossman Chevrolet Nissan 300 Middlesex Turnpike, Old Saybrook, CT 06475 860.388.5785
Holmgren Subaru 3 New Park Ave, Franklin, CT 06254 860.889.2651
Longmeadow Automotive 92 Gary School Rd, Pomfret Center, CT 06259 860.928.5363
Michael Kia 421 Route 12, Groton, CT 06340 860.449.1242
M.J. Sullivan Automotive Corner 452 Broad Street, New London, CT 06320 860.443.8432
Nissan of Norwich 891 West Thames St, Norwich, CT 06360 860.892.6000
Old Saybrook Chrysler, Dodge, Jeep, Ram 255 Middlesex Turnpike, Old Saybrook, CT 06475 860.388.4445
Old Saybrook Hyundai 235 Middlesex Turnpike, Old Saybrook, CT 06475 860.577.6030
Putnam Ford 3 Park Road, Putnam, CT 06260 860.928.2731
Reynolds Subaru 268 Hamburg Rd., Lyme, CT 06371 860.434.0028
Saybrook Auto Barn 342 Middlesex Turnpike, Old Saybrook, CT 06475 860.388.2886
Scranton Chevrolet of Norwich 774 W Thames St, Norwich, CT 06360 888.232.1431
Secor’s Auto Center 545-575 Broad Street, New London, CT 06320 860.442.3232
Secor Domestics 407-409 Broad Street, New London, CT 06320 860.443.8335
Secor Subaru Inc. 501 Broad Street, New London, CT 06320 860.442.2323
TJ Motors 308 Broad St, New London, CT 06320 860.443.6301
Toyota of Colchester 100 Old Hartford Rd, Colchester, CT 06415 860.537.2468
Troiano Chrysler Jeep Dodge 435 S Main St., Colchester, CT 06415 860.537.2331
Vachon Chevrolet 512 Providence Rd., Brooklyn, CT 06234 860.774.1100
Vachon Ford 455 Providence Rd., Brooklyn, CT 06234 860.774.3673
Vachon GMC Cadillac 139 Pomfret St., Putnam, CT 06260 860.928.6572
Westbrook Toyota 80 Flat Rock Place, Westbrook, CT 06498 860.388.6991
Whaling City Auto Group 475 Broad Street, New London, CT 06320 860.443.8361
Wile Hyundai 21 Route 66 East, Columbia, CT 06237 860.228.2300

Auto Insurance

Your car’s most important accessory doesn’t come from your dealer.

None of your car’s accessories is more important than the insurance policy that covers it. With discounts for Charter Oak Federal Credit Union membership, the TruStage Auto & Home Insurance Program could save you money. Working with big-name companies we’ve carefully selected, you can expect top-notch service and solid value. It’s easy to get a quote and make the switch—even if you’re already covered with another company, you won’t lose a penny. Isn’t it time for car insurance the credit union way?

What is TruStage Insurance?

TruStageTM is insurance the credit union way. Our products and programs are made available through TruStage Insurance Agency and offered only to credit union members. Today, more than 15 million members rely on us for our products, programs, services, expertise and experience. With a commitment to dependability and a members-first philosophy, we help you protect what matters most.

TruStage™ Auto & Home Insurance Program is made available through TruStage Insurance Agency, LLC and issued by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union. *Figure reflects average national savings for customers who switched to the TruStage Auto Insurance Program. Based on data collected between 9/1/2012 and 8/31/2013. Individual premiums and savings will vary.



Savings Accounts


*APY = Annual Percentage Yield

Auto Loans


**APR = Annual Percentage Rate

Checking Accounts


*APY = Annual Percentage Yield


**APR = Annual Percentage Rate

Rates effective April 5, 2021