RHODE ISLAND

Headquarters

160 Francis Street
Providence, RI 02903
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD 0.40% 1.10% →
2-Year CD 0.60% 1.15% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Rhode Island is an NCUA insured institution located in Providence, RI. It was founded in 1946 and has approximately $315.67 millions in assets.

Who can join?

Membership is open to anyone who lives or works in Rhode Island or within 50 miles of the Rhode Island border.

NCUA Insured Yes
Charter Number # # 67269
Date Established 1946
Assets $315.67 million
Loans $246.37 million
Deposits $281.93 million
Capital $33.93 million
 

Field of Membership Restrictions

Membership is open to anyone who live or work within the state of Rhode Island or within 50 miles of the Rhode Island border.

Deposit Rates - August 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
0.60% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 7, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for RHODE ISLAND

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to RHODE ISLAND
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Rhode Island branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Rhode Island Locations


Financial Details

Rhode Island Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rhode Island. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Rhode Island U.S. Average
1.92% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Rhode Island had $631,861 in non-current loans and $38,600 in owned assets. To cover these potential losses it had $33,930,551 in net worth and $1,050,000 in loans loss reserves. That gives it a Texas Ratio of 1.92%.

Net Worth
Rhode Island U.S. Average
10.74% 13.61%

Rhode Island FCU has a net worth of 10.74% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Rhode Island

Branches and Savings

What is Rhode Island?

A federal credit union, registered with the NCUA under certificate #67269.
Learn more about credit unions here.

Is Rhode Island FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Rhode Island?

Please see Field of Membership information above for information on who is eligible to join.

What are Rhode Island's share account and share certificate rates?

Rhode Island's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Rhode Island?

Rhode Island has total capital of $33.93 million. Full information on Rhode Island's financial position is located above.

Who owns Rhode Island?

Credit Unions are owned by their members.

Where are Rhode Island branches located?

See branch locations nearby.

Are Rhode Island ATMs Open 24/7?

Do Rhode Island ATMs accept cash deposits?

Can Rhode Island customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Rhode Island have a mobile app?

Does Rhode Island have mobile deposit?

Does Rhode Island have quick pay?

How can Rhode Island transfer money to other banks or credit unions?

Does Rhode Island report to credit bureaus?

Does Rhode Island use Chexsystems?

Does Rhode Island use Equifax?

What is Rhode Island's toll free phone number?

What is Rhode Island's ACH Routing Number?

What is Rhode Island's SWIFT code?

Where can I find Rhode Island's wire transfer form?

What is the Rhode Island address for deposits?

What Products Does Rhode Island Offer

Does Rhode Island offer mortgages?

Compare mortgage rates here.

Does Rhode Island offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Rhode Island offer auto and RV loans?

Compare auto loan rates here.

Does Rhode Island offer student loans or personal loans?

Compare personal loan rates here.

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