Groton, CT – January 6, 2014 – Charter Oak Federal Credit Union ended its fourth quarter by making numerous donations to local non-profits, totaling $16,000. These donations were in addition to $48,000 disbursed earlier in the fourth quarter.
Recipients included The New London Community Meal Center, Inc.; St. Vincent de Paul Place; Mystic Area Shelter and Hospitality; Gemma E. Moran United Way/Labor Food Center; Friends of Assisi Food Pantry; Covenant Soup Kitchen; Care & Share of East Lyme, Inc.; and the New London Homeless Hospitality Center.
Each recipient received an unsolicited $2,000 donation.
“The winter months can impose numerous challenges for food pantries and shelters, and as a community-based credit union, we feel it’s our responsibility and pleasure to support these organizations,” said Brian A. Orenstein, Charter Oak’s Chief Executive Officer.
Charter Oak’s Community Giving Program has awarded approximately $800,000 to local non-profits in New London and Windham counties since its inception in 2009. Funding priorities include education and training; health programs; human services; housing; community development and revitalization; and the arts. In addition, Charter Oak often sponsors and participates in various community events including Celebrate East Lyme, Groton City Day, and Positively Pomfret.
To learn more about Charter Oak’s Community Giving Program, which also includes its annual scholarship program, visit CharterOak.org.