CHARTER OAK FCU RECEIVES FIVE STAR RATING

Charter Oak Ranks Superior According to National Bank Rating Service


Groton, CT-October 13, 2010 – BauerFinancial Inc. recently announced that Charter Oak Federal Credit Union has received a five star rating based on its financial data. Known as the nation’s bank rating service, BauerFinancial Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Placing Charter Oak on the list of recommended Credit Union’s, Bauer Financial assessed Charter Oak as safe, financially sound and operating well above its regulatory capital requirements.

Charter Oak Federal Credit Union was also ranked superior by The Commercial Record, receiving a Best of 2010 Gold Award in its annual readership poll. Nominated by editors of the 136 year-old publication, Charter Oak was selected by readers as one of the best providers of financial products and services.

 

For more information about Charter Oak Federal Credit Union, please visit CharterOak.org.