Pawtucket Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.75% | 18-month CD | 15 Month Easy Access CD |
| 2.75% | 2-year CD | 25 Month CD 2.25% - Synchrony Bank 24 Month CD |
| 2.75% | 2-year IRA | 25 Month IRA (Traditional, Roth) 1.10% - National Average |
Pawtucket Credit Union is headquartered in Pawtucket and is the largest credit union in the state of Rhode Island. It is also the 112th largest credit union in the nation. It was established in 1926 and as of December of 2017, it had grown to 253 employees and 108,212 members at 15 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.
See current membership details
Related Posts
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.
Dropped Rates And Added Fees
Pawtucket has dropped its rates so that there are several local credit unions with better CD rates. Also, like some other cus (but not all) they now zap you with a $25 fee for transferring an IRA.
A big bank diguised as a Credit Union
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.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67278 |
| Year Chartered | 1926 |
| Employees | 253 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 7.97% |
| Annual Interest Income | $63.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $2.13B$1.95B |
| Loans | Q4 2017vs Q4 2016 | $1.87B$1.69B |
| Deposits | Q4 2017vs Q4 2016 | $1.67B$1.52B |
| Equity Capital | Q4 2017vs Q4 2016 | $200.8MM$184.9MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $8.3MM$8.0MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $1.8MM$2.0MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $256.00K$569.00K |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45% | $2,500 | - | 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% | - | - | Money Club Share Savings | ||
| 0.25% | $25 | - | IRA Savings | ||
| 0.25% | $25 | - | Business Statement Savings | ||
Pawtucket Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35% | $10k | - | High Yield Money Market | ||
| 0.35%* | $2,500* | - | Money Market Statement | ||
| OTHER TIERS: 0.25% → $25 - $2,500 | |||||
Pawtucket Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.85%* | - | $1k | Debit Card Checking | ||
| OTHER TIERS: 0.20% → $5k+ | 0.35% → $2,500 - $5k | 0.60% → $1k - $2,500 | |||||
| 0.20% | $2,500 | - | Direct Checking Plus | ||
Pawtucket Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $1k | - | 25 Month CD | |
| 2.05% | $1k | - | 60 Month Bump-Up CD | |
| 2.00% | $1k | - | 18 Month CD | |
| 1.75% | $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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $500 | - | 25 Month IRA | |
| 2.05% | $500 | - | 60 Month Bump-Up IRA | |
| 2.00% | $500 | - | 18 Month 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 |
