The $779 million Charter Oak Federal Credit Union in Groton, Conn., will open a new full-service branch in Putnam, Conn., on July 1, following up on its pending June 30 merger of the $1.7 million Quiet Corner Community Credit Union.
The new branch just off Interstate 395 will replace Quiet Corner’s nearby operations in Putnam, Charter Oak said, and provide two drive-up windows and a drive-up ATM as well as full branch services inside.
The branch will be Charter Oak’s 13th. Audrey Lefevre, Quiet Corner’s manager/treasurer, will serve as branch supervisor and Sonya Armstrong, who is branch manager for Charter Oak’s Dayville location, will also serve as branch manager in Putnam, the credit union said.
“This new branch gives Charter Oak a strong new presence in an area that we hadn’t been able to fully serve – until now,” said CEO Brian Orenstein. “And it provides strategic value to Charter Oak, given our merger with Quiet Corner Community Credit Union and our expanding membership in the greater Putnam, Thompson and Woodstock areas.”