Coventry Credit Union

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A short history of Coventry CU

Since its inception in 1950 the Coventry Credit Union has been serving its members in the COVENTRY, Rhode Island area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by David Root, the Coventry CU has grown its membership to over 24,172 with assets of more than $257,658,525. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (401) 397-1900 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in COVENTRY, RI.

General Information For Coventry CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66595
State Rhode Island 
Zip-Code 02816
Phone Number (401) 397-1900
Fax Number (401) 397-1912
Email Address:
CEO/President David Root
Members 24,172 
Full-Time Employees 47 
Part-Time Employees 19 
Number of Branch Offices
Total Assets 257,658,525 

Compare Coventry Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Coventry Teachers CU Coventry Teachers FCU 9 Foster Dr 02816 (401) 826-1682 No 4.00
Natco Employees CU Corporate Office 155 Brookside Ave 02893 (401) 828-0300 No 5.76
Kent Hospital CU KENT COUNTY MEMORIAL HOSPITAL EMP. FCU 455 TOLL GATE RD 02886 (401) 737-7000 No 8.17
Wave CU Corporate Office 480 Greenwich Ave 02886 (401) 781-1020 No 8.91
Cranston Municipal Employees CU Corporate Office 1615 PONTIAC AVE 02920 (401) 463-3010 No 9.55

Coventry Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Coventry Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.00 3.25 3.99 3.25 5.88
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 341 174 202 44 329
Rank Among All Rhode Island Credit Unions 3 10 11 2 10

Coventry Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.40 1.17 1.09
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 76 139 147
Rank Among All Rhode Island Credit Unions N/A 7 2 7 6
Coventry Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.000171374,607
All Other Unsecured Loans/Lines of Credit 15.0001,0212,684,353
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.25033380,005
Used Vehicle Loans 3.99097642,340
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.25056570,312,470
Total Other Real Estate Loans/Lines of Credit 5.88053514,794,606
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0001,42887,595,609
TOTAL LOANS & LEASES 3,850176,783,990

Coventry Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 13120,103,178468,919,788
    b. 15 Years or less 893,235,18910651,966
    a. > 15 years 7019,251,8563902,850
    b. 15 Years or less 26725,891,432263,574,850
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 81,830,81541,067,000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1483,458,90411311,352
Closed-End Adjustable Rate 38711,335,702422,354,894
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1,10085,107,07614217,782,700


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Coventry Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes