122 Granite St
Westerly, RI 02891
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.20% 1.15% →
2-Year CD 0.60% 1.26% →
5-Year CD 0.70% 1.60% →
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

Westerly Community is an NCUA insured institution located in Westerly, RI. It was founded in 1948 and has approximately $317.75 millions in assets.

Who can join?

Membership is currently available to anyone who works or lives in RI or New London County, CT.

NCUA Insured Yes
Charter Number # # 67270
Date Established 1948
Assets $317.75 million
Loans $276.86 million
Deposits $280.74 million
Capital $28.60 million

Field of Membership Restrictions

Membership is open to those who live or work in Rhode Island or in New London County in Connecticut. (Membership requirements are listed in the credit union's online application).

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $5 $4,999 Learn More
Money Market
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $5,000 $24,999 Learn More
Money Market
0.10% $25,000 $74,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $500 - Learn More
6 Mo CD
0.15% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
18 Mo CD
0.40% $500 - Learn More
24 Mo CD
0.60% $500 - Learn More
36 Mo CD
0.70% $500 - Learn More
48 Mo CD
0.70% $500 - Learn More
60 Mo CD
0.70% $500 - Learn More
Variable IRA Rates APY MIN MAX
0.10% $25 $4,999 Learn MoreShow Less
Fixed IRA
0.20% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for WESTERLY COMMUNITY

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info

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


Below are Westerly Community 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:

Westerly Community Locations

Financial Details

Westerly Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Westerly Community. 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
Westerly Community U.S. Average
1.78% 5.92

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 September 30, 2019, Westerly Community had $340,439 in non-current loans and $190,000 in owned assets. To cover these potential losses it had $28,601,326 in net worth and $1,186,038 in loans loss reserves. That gives it a Texas Ratio of 1.78%.

Net Worth
Westerly Community U.S. Average
9% 13.86%

Westerly Community FCU has a net worth of 9% versus the BestCashCow average of 13.86. 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 Westerly Community

Branches and Savings

What is Westerly Community?

A federal credit union, registered with the NCUA under certificate #67270.
Learn more about credit unions here.

Is Westerly Community 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 Westerly Community?

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

What are Westerly Community's share account and share certificate rates?

Westerly Community'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 Westerly Community?

Westerly Community has total capital of $28.60 million. Full information on Westerly Community's financial position is located above.

Who owns Westerly Community?

Credit Unions are owned by their members.

Where are Westerly Community branches located?

See branch locations nearby.

Are Westerly Community ATMs Open 24/7?

Do Westerly Community ATMs accept cash deposits?

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

Does Westerly Community have a mobile app?

Does Westerly Community have mobile deposit?

Does Westerly Community have quick pay?

How can Westerly Community transfer money to other banks or credit unions?

Does Westerly Community report to credit bureaus?

Does Westerly Community use Chexsystems?

Does Westerly Community use Equifax?

What is Westerly Community's toll free phone number?

What is Westerly Community's ACH Routing Number?

What is Westerly Community's SWIFT code?

Where can I find Westerly Community's wire transfer form?

What is the Westerly Community address for deposits?

What Products Does Westerly Community Offer

Does Westerly Community offer mortgages?

Compare mortgage rates here.

Does Westerly Community offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Westerly Community offer auto and RV loans?

Compare auto loan rates here.

Does Westerly Community offer student loans or personal loans?

Compare personal loan rates here.

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