CHARTER OAK Credit Union Profile

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CHARTER OAK

Charter #3413 | NCUA Region 1 | FCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (860) 446-8085

Fax: (860) 446-3214

Founding Date: N/A

Website: http://www.charteroak.org

Personnel & Operations

President: Henry, Guy

Manager: Orenstein, Brian

FT Employees: 194

PT Employees: 7

Designations & Ratios

MDI Status: No

RBC Ratio: 21.24%

Membership Type: 00

Branches: 15

Hours: LOBBY HOURS MON. ? THURS. 9:00 AM ? 5:0

Credit Union Profile Summary

CHARTER OAK is a FCU Credit Union. With a total of 88,178 members ^[1], this institution manages approximately $1,666,977,531 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.54% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.72% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,666,977,531

Total economic resources.

Total Loans ^[1]

$904,489,619

Total value of outstanding loans.

Total Deposits ^[1]

$1,455,112,308

Total funds deposited by members.

Members ^[1]

88,178

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

11.54%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.34%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

62.16%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 3.96%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -1.72%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 0.05%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1055 HARTFORD TPKE

WATERFORD, CT, 06385-4005

Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 16 branches reported by CHARTER OAK (Charter #3413).

Main Office

Waterford Headquarters Main Office

Type: Corporate Office

1055 Hartford Tpke

Waterford, CT 06385-4005

Phone: (860) 446-8085

Services: Member Services, ATM, Drive-Thru

CHARTER OAK Credit Union Profile

CHARTER OAK

Headquarters Contact & Staff

Credit Union Profile Summary

Financial Snapshot

Performance Ratios

Four-Quarter Growth

Headquarters Location & Map

Headquarters Address

Member Ratings & Reviews

Rate This Credit Union

Branch Locations

Main Office

Waterford Headquarters Main Office

Additional Branches

Dayville

Groton

Mystic

New London

Niantic

Norwich

Pawcatuck

Putnam

Uncasville

Waterford

Willimantic