Credit Unions Near Me
National Credit Union Service Organization

RHODE ISLAND CREDIT UNION

Mar, 31, 2021 — RHODE ISLAND CREDIT UNION is a federally insured state chartered credit union headquartered in Providence, RI with 7 branch locations and about $368.73 million in total assets. Opened 75 years ago in 1946, RHODE ISLAND CREDIT UNION has about 28,976 members and employs 83 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)
160 Francis Street
Providence, RI 02903-1118
Phone:(401) 751-7440
Fax:(401) 751-0189
Website:http://www.ricreditunion.org
Branches:7 branch locations
Members:28,976
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$368,725,634
CEO/Manager:David B Suvall
Chairperson:Jane F Correia

Call Report

  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 46,799,723
TOTAL INVESTMENTS 74,161,209
Loans Held for Sale 0
 
 Real Estate Loans 107,232,690
 Unsecured Loans 17,734,263
 Other Loans 104,726,192
 TOTAL LOANS 229,693,145
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,050,000
 Land And Building 6,372,188
 Other Fixed Assets 1,265,067
 NCUSIF Deposit 2,947,244
 All Other Assets 8,537,058
  TOTAL ASSETS 368,725,634
LIABILITIES & CAPITAL:  
 Dividends Payable 1,693
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,792,129
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 84,058,961
 Regular shares 179,824,724
 All Other Shares & Deposits 68,450,938
  TOTAL SHARES & DEPOSITS 332,334,623
  TOTAL LIABILITIES 336,128,445
 Regular Reserve 2,780,722
 Other Reserves -337,808
 Undivided Earnings 30,154,275
  TOTAL EQUITY 32,597,189
  TOTAL LIABILITIES, SHARES, & EQUITY 368,725,634
INCOME & EXPENSE  
 Loan Income 2,553,813
 Investment Income 142,004
 Other Income 340,774
 Total Employee Compensation & Benefits 1,620,969
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,453,129
 Non-operating Income & (Expense) 982,441
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 41,073
 Cost of Funds 96,902
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,041,003
↑ Back to Top

Other Credit Unions

NATCO EMPLOYEES FEDERAL CREDIT UNION
155 BROOKSIDE AVE
WEST WARWICK, RI 02893
PAWTUCKET MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
137 ROOSEVELT AVE.
PAWTUCKET, RI 02860-2129
POSTAL EMPLOYEES REGIONAL FEDERAL CREDIT UNION
PO BOX 126
PAWTUCKET, RI 02862
CUMBERLAND MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
2145 Diamond Hill Road
CUMBERLAND, RI 02864-5135
COVENTRY TEACHERS FEDERAL CREDIT UNION
9 FOSTER DR
COVENTRY, RI 02816
COMMUNITY & TEACHERS FEDERAL CREDIT UNION
1169 S Broadway
EAST PROVIDENCE, RI 02914-4931
WOODLAWN FEDERAL CREDIT UNION
744 MAIN ST
PAWTUCKET, RI 02860
POSTAL GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION
179 WEST RIVER STREET
PROVIDENCE, RI 02904
CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION
1615 PONTIAC AVE
CRANSTON, RI 02920
WAVE FEDERAL CREDIT UNION
480 GREENWICH AVE
WARWICK, RI 02886-1606