Charter Oak Federal Credit Union is a community credit union dedicated to supporting charitable entities within its field of membership, focusing on economic development and social well-being in New London and Windham counties.
The grant program by Charter Oak is geared towards improving community life by backing a wide range of initiatives. While primarily supporting non-profits, they are open to funding various types of programs, events, and community groups not strictly classified under 501(c)(3). The broad goals include fostering economic development and promoting social well-being. Additionally, they aim to partner with community entities that can offer visibility to Charter Oak, suggesting a symbiotic relationship between the funder and grantees.