Cranston Municipal Employees Credit Union

Popular Accounts at this Credit Union

2.75%5-year CD60 Month Certificate
1.70%1-year CD12 Month Certificate
0.25%SavingsPrimary Share Account

Overview / Commentary
1615 Pontiac Ave
Cranston, RI 02920

Cranston Municipal Employees Credit Union is headquartered in CRANSTON and is the 9th largest credit union in the state of Rhode Island. It is also the 2,195th largest credit union in the nation. It was established in 1946 and as of March of 2018, it had grown to 7 employees and 2,952 members at 1 location. Cranston Municipal Employees Credit Union's CD rates are 89% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Cranston Municipal Employees CU of Rhode Island is open to the City of Cranston employees, CU employees, and their family members, surviving spouses of deceased members within the boundaries of the defined site listed CU stipulations, and organizations, affiliations, businesses and /or associations that are majority comprised of CU members/stockholders.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Cranston Municipal Employees Credit Union has a relatively low asset base.

Health Grade Components

NCUA #60780
Year Chartered1946
Primary Regulator
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD5.16%
Annual Interest Income$336.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$58.0MM$58.8MM
LoansQ1 2018vs Q1 2017$10.0MM$9.1MM
DepositsQ1 2018vs Q1 2017$44.9MM$46.0MM
Equity CapitalQ1 2018vs Q1 2017$13.0MM$12.8MM
Loan Loss AllowanceQ1 2018vs Q1 2017$36.00K$65.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$0$17.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cranston Municipal Employees Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cranston Municipal Employees Credit Union Savings Account Rates

0.25%$25-Primary Share Account
0.25%--Christmas Club
0.25%--Vacation Club

Cranston Municipal Employees Credit Union Money Market Rates

0.65%*$20k*-Money Market Savings Account
OTHER TIERS: 0.25% $25 - $2k | 0.50% $2k - $20k

Cranston Municipal Employees Credit Union Checking Account Rates

0.15%$500-Checking Account

Cranston Municipal Employees Credit Union CD Rates

2.75%$500-60 Month Certificate
2.50%$500-48 Month Certificate
2.30%$500-36 Month Certificate
2.10%$500-24 Month Certificate
1.75%$500-18 Month Certificate
1.70%$500-12 Month Certificate
1.65%$500-30 Month Certificate
1.25%$500-17 Month Bump Rate Certificate
0.85%$500-6 Month Certificate
0.50%$500-3 Month Certificate

Cranston Municipal Employees Credit Union Locations
Branch Office1615 PONTIAC AVECRANSTON, RI 02920

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.