Overview / Commentary
Navigant Credit Union is headquartered in Smithfield and is the largest credit union in the state of Rhode Island. It is also the 120th largest credit union in the nation. It was established in 1915 and as of September of 2024, it had grown to 395 employees and 155,333 members at 26 locations. Navigant Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Navigant Credit Union is open to those who live in state of Rhode Island or select areas of Connecticut and Massachusetts. (Membership requirements are listed in the credit union's online application)
See current membership details
Health
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62882 |
| Year Chartered | 1915 |
| Employees | 395 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 4.29% |
| Annual Interest Income | $134.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $3.88B$3.63B |
| Loans | Q3 2024vs Q3 2023 | $3.28B$3.06B |
| Deposits | Q3 2024vs Q3 2023 | $3.36B$3.15B |
| Equity Capital | Q3 2024vs Q3 2023 | $370MM$330.3MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $16.9MM$20.1MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $12.6MM$11.7MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
