We hosted our annual scholarship reception at our headquarters on June 6th. During the reception, our President and Chief Executive Officer Brian A. Orenstein presented 45 college scholarships totaling $90,000.
You can pay for college the smart way with great repayment options and competitive rates! Tuition and other education expenses can be high, so we've partnered with Sallie Mae to offer members their Smart Option Student Loan. The Smart Option Student Loan® for Charter Oak Federal Credit Union by Sallie Mae® is available for borrowers attending degree-granting institutions.
Norwich (One Connecticut Avenue): Lobby hours from 9 a.m. to Noon and extended drive-up hours 9 a.m. to 1 p.m.
Mystic (4 Hendel Drive): Lobby hours from 9 a.m. to Noon and extended drive-up hours 9 a.m. to 1 p.m.
MEET OUR NEW SUPERVISORY COMMITTEE MEMBER: RITA PROVATAS
Our Board of Directors has appointed Rita Provatas of Provatas & McNamara, Attorneys at Law in New London, as our newest Supervisory Committee member. Rita has extensive legal experience and is actively involved in numerous community organizations. Rita is a graduate of Bates College in Lewiston, Maine, and holds her law degree from the University of Bridgeport School of Law.
Other members of our Supervisory Committee include Joyce Gresh, Chairman of the Supervisory Committee; and Gary Brochu, Member of the Supervisory Committee.
2017 WAS A 'STANDOUT YEAR'
Assets Top $1 Billion Mark, Earnings and Lending Show Continued Growth
Brian A. Orenstein, Charter Oak’s President and Chief Executive Officer, told members attending the credit union’s 79th Annual Meeting that 2017 “was a great one for Charter Oak – a truly standout year in so many ways.”
“We’ve gone from a tiny credit union that began with $250 in a shoebox in the shipyard at Electric Boat to a billion dollar credit union,” he told more than 240 members attending the April 19th Annual Meeting at the Groton Inn & Suites. “That is a remarkable achievement that we all should be very proud of.”
In other Annual Meeting news, Charter Oak members re-elected Guy Henry and Annette Janovic to new three-year terms on Charter Oak’s seven-member Board of Directors. Members also re-elected Wayne Burgess to a new one-year term on the Board of Directors.