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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Charter Oak Federal Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 17, 2026
Charter Oak Federal Credit Union's Long-Term CDs 18 Month rates are at 0.50%, Long-Term CDs 24 Month rates are at 0.50%, Long-Term CDs 36 Month rates are at 0.50%, Long-Term CDs 48 Month rates are at 0.50%, Long-Term CDs 60 Month rates are at 0.50%. Charter Oak Federal Credit Union's savings rates are at 3.00%. Charter Oak Federal Credit Union's money market rates are at 0.05%. Charter Oak Federal Credit Union's Accelerator Mortgage 8 Year rates are at 5.25%, Accelerator Mortgage 12 Year rates are at 5.50%, Fixed Rate Mortgage 15 Year rates are at 5.50%, Fixed Rate Mortgage 10 Year rates are at 5.50%, Fixed Rate Mortgage 20 Year rates are at 6.00%. Charter Oak Federal Credit Union's Personal Loan Rates are at 7.75%. MonitorBankRates evaluates the financial stability of Charter Oak Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.12%. Rates were last updated on 04/17/2026. Charter Oak Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Charter Oak Federal Credit Union? Share your experience about Charter Oak Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Charter Oak Federal Credit Union. Charter Oak Federal Credit Union
Waterford Headquarters 1055 Hartford Tpke
https://www.charteroak.org Waterford, CT 06385 4005 
Charter Oak Federal Credit Union CD Rates
Charter Oak Federal Credit Union Savings Rates
Charter Oak Federal Credit Union Money Market Rates
Charter Oak Federal Credit Union Checking Rates
Charter Oak Federal Credit Union Mortgage Rates
Charter Oak Federal Credit Union Home Equity & HELOC
Charter Oak Federal Credit Union Personal Loan Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Charter Oak Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Charter Oak Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Charter Oak Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Charter Oak Federal Credit Union
Website
https://www.charteroak.org
Address
1055 Hartford Tpke,
Waterford, CT 06385 4005
Phone
860-446-8085
Fax
860-446-3214
President
Guy Henry
CEO
Brian Orenstein
Full-Time Employees
193
Part-Time Employees
10
Branch Locations
15
ATM Locations
15
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
2.12%
Return on Assets (ROA)
0.9803%
Return on Equity (ROE)
8.1366%
Non-Performing Loans Ratio (NPL)
0.47%
Total Assets
1,638,907,920
Total Amount of Shares and Deposits
1,433,163,739
Total Shares and Deposits < 1 Year
1,318,548,046
Total Shares and Deposits 1 3 Years
112,559,148
Total Shares and Deposits > 3 Years
2,056,545
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
94,407,781
Total Uninsured Shares and Deposits > $250K (F+J)
95,188,982
Total Insured Shares and Deposits > $250K (item 17 less item K)
1,337,974,757
Total Interest Expense (Sum of items 6 8)
15,083,957
Share Certificates
8,875
Number of Accounts for Share Drafts
59,376
IRA KEOGH Accounts
3,491
Number of Accounts for Regular Shares
109,894
All other shares
8,257
Non Member Deposits
14
Money Market Shares
11,469
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
194,903,398
Total Liabilities
1,483,206,678
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Charter Oak Federal Credit UnionIs Charter Oak Federal Credit Union a safe place to deposit money?Yes, Charter Oak Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 2.1216255026574%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Charter Oak Federal Credit Union operate?Charter Oak Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Charter Oak Federal Credit Union?Yes, to access services at Charter Oak Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Charter Oak Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Charter Oak Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Charter Oak Federal Credit Union offer online and mobile banking?Most modern institutions like Charter Oak Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.charteroak.org. Current Charter Oak Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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