WATERFORD, Conn.–The Board of Directors of Charter Oak Federal Credit Union has appointed Paul Filippetti, a local financial-services executive and Certified Public Accountant, to serve on the seven-member board that oversees eastern Connecticut’s largest credit union.
Filippetti had served as a member of Charter Oak’s Supervisory Committee since January 2012, assisting with various oversight and audit responsibilities for Charter Oak’s Board of Directors.
"Paul brings an excellent perspective to our Board," said Guy Henry, Charter Oak's Chairman of the Board of Directors. "His extensive experience in the accounting and financial-services field combined with his knowledge of Charter Oak as a Supervisory Committee member will be strong assets to our Board," he said. "Paul's also committed to the community through his involvement with local boards and organizations, and that's very important to a community-based credit union like Charter Oak," said Henry.
Filippetti is a Partner with Hoyt, Filippetti & Malaghan LLC, a full-service accounting firm with offices in Groton and Westerly, R.I. The firm provides a broad range of services to both individuals and businesses in eastern Connecticut as well as Rhode Island, including accounting, tax preparation, and financial and retirement planning.
Filippetti is a Mystic resident and graduate of the University of Connecticut with a Bachelor of Science degree in Accounting. He has been a member of Charter Oak since 1984 and has more than 30 years of experience with not-for-profit organizations.
He is active in numerous professional, civic and community organizations, including the American Institute of Certified Public Accountants and the Connecticut Society of CPAs. In addition, he serves on the Board of Directors as Treasurer for the Groton Parks Foundation and Treasurer of the Groton Housing Authority.