Effective June 5, 2023 

Featured Special

Savings (Share Accounts)

Product

Balance

APY*

Regular Shares > $0 0.05%
Bright Future Savings+ > $0.01-$2,000
> $2,000
3.00%
0.25%
IRA Shares (Individual Retirement Accounts) > $0 0.05%
Club Accounts (Holiday and Vacation) > $0 0.05%
HSA (Health Savings Accounts) > $0 1.50%
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
0.05%
0.10%
0.20%
0.30%
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
2.50%
1.50%
0.50%
0.05%
0.05%

+ The Bright Future Savings Account is a “Split Rate Tiered” account. You will earn the stated APY (Annual Percentage Yield) 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 the age of 29, account will remain open at the discretion of the account holder. APY effective April 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 This offer can be withdrawn at any time.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. 

++(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. APY effective June 1, 2020. The Accumulator Money Market Account is a variable rate account and the rates can change at any time.

Share Certificate Special Offers

Term

Minimum Balance

APY*

8 Month+  $1,000 4.00%
30 Month++ $1,000 5.00%

+ Offer is available for funds in existing shares. Not available with IRA.
++ Offer is available for funds in existing shares. Available for IRA.

Share & IRA Certificates

Term

Minimum Balance

APY*

30 Day $1,000 0.05%
3 Month $1,000 0.15%
6 Month $1,000 0.30%
12 Month $1,000 0.40%
18 Month $1,000 0.50%
24 Month $1,000 0.50%
36 Month $1,000 0.50%
48 Month $1,000 0.50%
60 Month $1,000 0.50%

* APY = Annual Percentage Yield. This APY is effective February 8, 2023. Minimum balance to open is $1,000.00. The stated APY assumes that the dividends will remain on deposit until maturity. Rate is subject to change at any time. A penalty for early withdrawal may apply. This offer can be withdrawn at any time.

Checking (Share Draft Accounts)

Product

Balance

APY*

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

GO Checking disclosure and rate information: (APY = Annual Percentage Yield) The GO Checking 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 $10,000. Balances over $10,000 earn 0.25% APY. The “Default APY Rate” of 0.05% will be applied to all tiered balances if account conditions are not met. This account will also rebate all Charter Oak foreign ATM fees and ATM surcharged fees by other financial institutions or networks up to $9.99 each to a maximum of $20 per month and rebated monthly if certain conditions are met. Account Conditions: To earn the stated APYs and rebate of ATM fees, you must have e-Statement, Online Banking, 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. If you fail to meet these requirements your account will earn the “Default APY Rate” of 0.05% on all tiered balances and ATM fees will not be rebated. This account is a variable rate account and rates can change at any time. APY effective November 1, 2020. This offer can be withdrawn at any time. Limit of one GO Checking Account per qualified member number.

Business Checking Rates

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%
0.25%
0.30%
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%
0.10%
0.25%
0.30%
IOLTA 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%
0.25%
0.30%
IOREBTA Checking $0.01 – $24,999.99
$25,000.00 – $99,999.99
$100,000.00 – $249,999.99
>= $250,000.00
0.05%
0.10%
0.25%
0.30%

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

ENJOY THESE GREAT OFFERS

Savings Accounts

EARN 1.50% APY* ON OUR HSA ACCOUNT

*APY = Annual Percentage Yield

Auto Loans

AUTO LOAN RATES AS LOW AS 5.74% APR**

**APR = Annual Percentage Rate

Checking Accounts

EARN 3.00% APY* ON GO CHECKING

*APY = Annual Percentage Yield

ACCELERATOR MORTGAGE AS LOW AS 4.74%/4.80% APR**

**APR = Annual Percentage Rate

Rates effective June 5, 2023