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Charter Oak again is tops in mortgages

Published February 07. 2013 4:00AM

Charter Oak Federal Credit Union is the number one mortgage lender in eastern Connecticut for the third consecutive year, according to annual figures compiled by The Warren Group.

Charter Oak ranked first in 2012 in the number of residential mortgage transactions in New London and Windham counties combined, based on The Warren Group's Residential Mortgage Marketshare Report

In 2012, Charter Oak closed 1,284 mortgages with a total value of $171.6 million in New London and Windham counties combined. Charter Oak has 12 branches in New London and Windham counties. In 2012, the Groton-based credit union's assets grew to $764 million, up nearly 9 percent from 2011.

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