GROTON, Conn.-Members who lose their jobs or are facing other certain hardships will have their fees waived when they withdraw funds from their share term certificates at Charter Oak FCU.
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The 70 year-old institution has long allowed depositors in need to utilize this option. Exceptions to the fee for early withdrawal penalties include: the involuntary loss of employment where the depositor is qualified for unemployment benefits or the death, terminal illness or permanent disability of the certificate holder or a member of their immediate family.
