Read to Ride, Inc. has presented Charter Oak Federal Credit Union with a plaque to express their gratitude for the Credit Union’s continued support.
Read to Ride is a voluntary reading incentive program designed specifically for Norwich, Bozrah, Sprague, Baltic and Montville students in grades kindergarten through fifth grade. Benjamin P. Lathrop, former Norwich Mayor, and Billy Caron, Montville Councilman, established the program in 2009. Today, its board consists of 12 people.
The notion of Read to Ride stemmed from exercising the mind through reading and the body through exercise. Since the program’s inception, more than 400 bicycles have been given away to Norwich and Montville students.
Charter Oak has been a consistent supporter of Read to Ride, Inc. and has awarded them more than $4,000 since 2010.
“Read to Ride is doing an excellent job encouraging and motivating students in kindergarten through fifth grade to read,” said Brian A. Orenstein, Charter Oak’s Chief Executive Officer. “And a new bicycle is a great incentive!”
Children who participate in Read to Ride’s voluntary reading incentive program have a chance to win a bicycle, helmet, and lock. Participating students read outside of school for a specific time period and complete a reading log, which is later exchanged for an entry into the official drawing. One boy and one girl per grade level are chosen at the conclusion of each school year during a school-wide assembly.
Charter Oak and its Community Giving Program proudly support many programs that enrich and empower children to learn and to build upon their existing skillsets. To learn more about Charter Oak’s Community Giving Program, visit CharterOak.org.
Charter Oak Federal Credit Union, headquartered in Groton, Connecticut, offers a broad range of financial services – including checking, deposit, lending, insurance and investments – to individuals, businesses, non-profits and professionals in New London and Windham counties. If you live, work, worship, attend school, or volunteer in New London and Windham counties, we invite you to do business with us. For more information about what Charter Oak can offer you, please visit CharterOak.org. Federally insured by NCUA. Equal Housing Lender.