Overview / Commentary
401-722-2212
1200 Central Ave
Pawtucket, RI 02861-2200

Pawtucket Credit Union is headquartered in Pawtucket and is the largest credit union in the state of Rhode Island. It is also the 113th largest credit union in the nation. It was established in 1926 and as of September of 2018, it had grown to 262 employees and 113,875 members at 16 locations. Pawtucket Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Rhode Island, or in nearby communities in Massachusetts or Connecticut. (membership requirements are listed in the online application)
See current membership details

Related Posts

Pawtucket Credit Union (RI) Adds 15-Month CD - 8/14/2018

Pawtucket Credit Union (RI and nearby MA and CT) has added a 15-month CD, which earns 3.00% APY. The minimum deposit is $1k, with no stated balance cap.

25 Mo 3%APY In RI - 7/15/2018

$1K minimum, available for IRAs also. See details here: https://www.pcu.org/rates/deposits/

Pawtucket Credit Union (RI) Boosts 25-Month CD Rate - 5/24/2018

Pawtucket Credit Union (RI) has raised the rate on its 25-month CD to 3.00% APY. Minimum deposit is $1k, with no stated balance cap. Also offered as an IRA.

View all posts from:


Reviews (4)

Good Rates, Nice People

Posted by: katkatkat | Jun 13, 2015

Edited from original 2015 review: They have CDs currently (August 2018) at 3%, and the staff is very nice. I have always found them helpful and pleasant to deal with.

a good local bank

Posted by: Covereew | May 7, 2018

having banked with the pawtucket credit union for many years, i feel as though they deliver a consistently good experience to the banker. staff is always helpful and generally personable, and there aren't usually long lines, so you can tell that the credit union is decently staffed.

Bigger Style Credit Union

Pawtucket Credit Union is a great alternative to the "Big Banks". There is no fee for using any credit union (even if its not Pawtucket Credit Union) atms. With a direct deposit their checking accounts are free. They have better then average rates. The only drawback I have is that they do debits before credits.

A big bank diguised as a Credit Union

Posted by: Ogiee8 | May 23, 2015

Pawtucket Credit Union use to be a great credit union. They no longer work with its customers and have higher fees then an average bank. Their accounts have very little interest to offer. The credit union is expanding so fast and developing multiple locations in the State of Rhode Island that it is no longer your local credit union. It is all about getting "new business" and older customers are left in the dust because they aren't new money. Some of their charges on their checking account is a 10.00 a month maintenance fee, 12.00 bank check fee, 35.00 over draw fee. They offer no good savings account for the average joe, as they require thousands of dollars before you get any really kind of interest. They offer no college fund accounts and their CDs have terrible interest. At one time I would recommend Pawtucket Credit Union but I no longer can with the amount of better options available in the state.



Health

Health Grade Components

Overall
NCUA #67278
Year Chartered1926
Employees262
Primary Regulator
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD8.9%
Annual Interest Income$53.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$2.26B$2.08B
LoansQ3 2018vs Q3 2017$1.98B$1.84B
DepositsQ3 2018vs Q3 2017$1.77B$1.62B
Equity CapitalQ3 2018vs Q3 2017$214.8MM$196.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$8.4MM$8.2MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$2.1MM$2.0MM
Real Estate OwnedQ3 2018vs Q3 2017$131.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Pawtucket 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.

Pawtucket Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$2.5k-Business High Yield Savings
0.35%*$25k*-High Yield Savings
OTHER TIERS: 0.25% $25 - $25k
0.25%$25-Passbook Savings
0.25%$25-Statement Savings
0.25%$5-Money Club Share Savings
0.25%$25-IRA Savings
0.25%$25-Business Statement Savings

Pawtucket Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$10k-High Yield Money Market
0.35%*$2.5k*-Money Market Statement
OTHER TIERS: 0.25% $25 - $2.5k

Pawtucket Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%--Debit Card Checking
0.20%$2.5k-Direct Checking Plus

Pawtucket Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$1k-25 Month CD
3.00%$1k-15 Month CD
2.25%$1k-18 Month CD
2.05%$1k-60 Month Bump-Up CD
2.00%$5k-15 Month Easy Access CD
1.15%$1k-24 Month Bump-Up CD
1.00%$1k-36 Month Bump-Up CD
1.00%$1k-48 Month Bump-Up CD
0.50%$1k-3 Month CD
0.50%$1k-6 Month CD
0.50%$1k-9 Month CD
0.50%$1k-12 Month CD

Pawtucket Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$500-25 Month IRA
2.25%$500-18 Month IRA
2.05%$500-60 Month Bump-Up IRA
1.15%$500-24 Month Bump-Up IRA
1.00%$500-36 Month Bump-Up IRA
1.00%$500-48 Month Bump-Up IRA
0.50%$500-3 Month IRA
0.50%$500-6 Month IRA
0.50%$500-9 Month IRA
0.50%$500-12 Month IRA
Locations

Availability



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