Charter Oak Credit Union

About Charter Oak Credit Union

Charter Oak Credit Union Location

32 Chicago Avenue
Groton, CT 06340

Phone: (860) 446-8085
Website: www.charteroak.com
Routing/Transit Number: Not Available

Charter Oak Credit Union Information

Charter Oak Credit Union of Groton, CT is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 82436 members and assets of $610,602,634, as compared to the national average of $93 million dollars of assets per credit union. Charter Oak Credit Union, first opened in 1939 and has been in operation since then. Additionally, Charter Oak Credit Union has 169 full time employees and 24 part time employees, or 427.129533679 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Charter Oak Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Charter Oak Credit Union is a not-for-profit, cooperative, tax-exempt organization.