Personal Savings Accounts

Personal Savings Accounts

Savings Options for Every Age and Stage

For over 85 years, we’ve been committed to offering personalized guidance and flexible personal savings account solutions that fit your life. At Charter Oak, we don’t just open accounts—we help open possibilities. Build stability, prepare for life’s milestones, and reach your financial goals with savings accounts that provide security, competitive earnings, and easy access. From emergency funds to long-term planning, we’re here to help you thrive.

We're a trusted partner, offering a holistic approach that helps our members build brighter financial futures. We believe that saving isn’t one-size-fits-all—it’s personal.

Your Goals. Your Journey. Our Support.

All accounts come with our digital suite. Learn More >

Rates Effective April 11th, 2026

Bright Future Savings

Designed for Ages 14–28 | High-Yield Savings for a Strong Start

Build smart money habits and watch your savings grow with our Bright Future¹ Savings Account, created specifically to support teens and young adults as they take their first steps toward financial independence. With a premium rate and flexible advantages, this account is the perfect way to kick-start a lifetime of healthy saving.

With the Bright Future Savings Account, saving is simple, rewarding, and designed to support your goals at every step. Start building your bright financial future today.

Account Features:

  • Grow your balance faster with everyday savings
  • Earn 3.00% APY* on balances from $0.01–$2,000
  • Earn 0.25% APY* on any balance over $2,000

Regular Savings

Our Regular Share Account earns .05% on any balance over 0 and establishes your Charter Oak membership and provides a solid foundation for your financial portfolio. This simple, flexible account allows unlimited deposits and withdrawals.

Holiday Club

Want to save for a special purpose such as holiday shopping? A Club Account lets you work towards your goal gradually. We can set up automatic transfers to make the process easier.

Vacation Club

Want to save for a special purpose such as a special vacation? A Club Account lets you work towards your goal gradually. We can set up automatic transfers to make the process easier.

Frequently Asked Questions

A Regular Savings Account is a basic, flexible savings option that earns dividends and serves as the foundation for membership.

Most savings accounts have no minimum balance requirement, though specific terms may vary by account type.

Yes. Automatic transfers can be scheduled to help build savings consistently, especially for Holiday or Vacation Club accounts.

Dividends are credited monthly, based on the account’s current APY and balance.

Yes. Deposits are federally insured by the NCUA, protecting funds up to applicable limits.

Standard savings accounts allow easy access to funds, while some club accounts may have specific withdrawal guidelines.

Savings accounts help build financial security, prepare for future expenses, and support both short- and long-term goals.

* APY = Annual Percentage Yield

1. The Bright Future Savings Account is a “Split Rate Tiered” account. The account is a variable rate account and rates can change at any time. This account may only be opened by members between the ages of 14-28. After reaching the age of 29, account will remain open at the discretion of the account holder. This offer can be withdrawn at any time. No minimum to open. Limit of one Bright Future Account per Social Security number.