Sep, 30, 2025 — RHODE ISLAND CREDIT UNION is a federally insured state chartered credit union headquartered in WARWICK, RI with 7 branch locations and about $410.09 million in total assets. Opened 80 years ago in 1946, RHODE ISLAND CREDIT UNION has about 27,479 members and employs 85 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RHODE ISLAND CREDIT UNION |
|---|---|
| Address: (Main Office) | 95 Jefferson Blvd WARWICK, RI 02888 |
| Phone: | (401) 751-7440 |
| Fax: | (401) 454-0540 |
| Website: | https://www.ricreditunion.org |
| Branches: | 7 branch locations |
| Members: | 27,479 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67269 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1946 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $410,085,873 |
| CEO/Manager: | David B Suvall |
| Chairperson: | Jane F Correia |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,738,997 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 124,426,514 |
| Unsecured Loans | 19,271,689 |
| Other Loans | 142,791,456 |
| TOTAL LOANS | 286,489,659 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,548,000 |
| Land And Building | 20,573,605 |
| Other Fixed Assets | 4,616,239 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,434,868 |
| All Other Assets | 32,621 |
| TOTAL ASSETS | 410,085,873 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 400,179 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,917,417 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 80,301,068 |
| Regular shares | 163,226,870 |
| All Other Shares & Deposits | 119,113,729 |
| TOTAL SHARES & DEPOSITS | 362,641,668 |
| TOTAL LIABILITIES | 367,959,264 |
| Regular Reserve | 0 |
| Other Reserves | 3,905,651 |
| Undivided Earnings | 38,220,958 |
| TOTAL EQUITY | 42,126,609 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 410,085,873 |
| INCOME & EXPENSE | |
| Loan Income | 12,378,394 |
| Investment Income | 977,734 |
| Other Income | 1,048,554 |
| Total Employee Compensation & Benefits | 6,095,911 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,561,152 |
| Non-operating Income & (Expense) | 56,187 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 628,291 |
| Cost of Funds | 2,825,701 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 94,870 |
| ↑ Back to Top | |