Westerly Community Credit Union


Overview / Commentary
401-596-7000
122 Granite St
Westerly, RI 02891

Westerly Community Credit Union is headquartered in Westerly and is the 5th largest credit union in the state of Rhode Island. It is also the 784th largest credit union in the nation. It was established in 1948 and as of June of 2022, it had grown to 74 employees and 21,967 members at 5 locations. Westerly Community Credit Union has an A health rating.

Field of Membership Restrictions

Westerly Community Credit Union is open to those who live or work in Rhode Island or in New London County, Connecticut.
See current membership details

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Health

Health Grade Components

Overall
NCUA #67270
Year Chartered1948
Employees74
Primary Regulator
Profit Margin
Return on Assets - YTD0.7%
Return on Equity - YTD9.37%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$428.9MM$398.8MM
LoansQ2 2022vs Q2 2021$329.0MM$298.3MM
DepositsQ2 2022vs Q2 2021$388.7MM$360.9MM
Equity CapitalQ2 2022vs Q2 2021$31.9MM$31.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.4MM$1.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$448.00K$284.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$110.00K
Rates

Rates for Westerly Community Credit Union are currently being reviewed.

Locations


Westerly Community Credit Union Locations
Branch Office122 Granite StWesterly, RI 02891
Branch Office244 Post RdWesterly, RI 02891
Branch Office64 Kingstown RdWyoming, RI 02898
Branch Office4979 Tower Hill RdWakefield, RI 02879-2283
Branch Office2405 Nooseneck Hill RdCoventry, RI 02816

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