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Charter Oak Federal Credit Union
Charter Oak Federal Credit Union was chartered in 1939 and its charter number is 3413.
Charter Oak Federal Credit Union's address registered with the NCUA
is 32 CHICAGO AVENUE, GROTON, CT 06340.
As of 10/19/06, Charter Oak FCU reported $506,891,646 in assets.
The credit union currently has 78,629 members. It's Manager/CEO is Larry K. Hertell.
The credit unions website is www.charteroak.org
Charter Oak Federal Credit Union is a member of the Connecticut Credit Union League.
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Charter Oak Credit Union Financial Evaluation
2006 Charter Oak CU's membership increased by a total of 5,516 members to 80,330. Assets increased by the amount of $53,599,452 $526,710,445. Charter Oak Credit Union assets increased by 0.10% and its membership increased by 0.07%. The total loan amounts went from $396,348,914 in 2005 to $457,486,985 in 2006. Their net worth ratio decreased to 12.22. 2005 Charter Oak Credit Union assets increased by 0.08% and its membership increased by 0.10%. Charter Oak CU's membership increased by a total of 7,690 members to 74,814. Assets increased by the amount of $39,986,712 to $473,110,993. The total loan amounts went from $345,259,097 in 2004 to $396,348,914 in 2005. Their net worth ratio increased slightly to 12.45. 2004 Charter Oak FCU ended with 67,124 members and $433,124,281 in total assets.
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