Cranston Municipal Employees Credit Union

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A short history of Cranston Municipal Employees CU

Since its inception in 1946 the Cranston Municipal Employees Credit Union has been serving its members in the CRANSTON, 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 Dennis Crawley, the Cranston Municipal Employees CU has grown its membership to over 2,980 with assets of more than $58,999,459. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (401) 463-3010 or email them at info@cranstonmecu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CRANSTON, RI.

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

Charter Number 60780
Address 1615 PONTIAC AVE 
City CRANSTON 
State Rhode Island 
Zip-Code 02920
Phone Number (401) 463-3010
Fax Number (401) 463-3319
Email Address: info@cranstonmecu.org
CEO/President Dennis Crawley
Members 2,980 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 58,999,459 
Website http://www.cranstonmecu.org 

Compare Cranston Municipal Employees Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Wave CU Corporate Office 480 Greenwich Ave 02886 (401) 781-1020 No 3.14
Greenwood CU Main Site - 2669 Post Rd 2669 Post Rd 02886 (401) 739-4600 No 4.07
Kent Hospital CU KENT COUNTY MEMORIAL HOSPITAL EMP. FCU 455 TOLL GATE RD 02886 (401) 737-7000 No 4.42
Rhode Island CU Rhode Island Credit Union 480 Metacom Ave 02903 (401) 253-2000 No 5.09
Natco Employees CU Corporate Office 155 Brookside Ave 02893 (401) 828-0300 No 5.68

Cranston Municipal Employees Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Cranston Municipal Employees 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 N/A 2.75 3.25 5.00 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 115 120 268 132
Rank Among All Rhode Island Credit Unions N/A 7 6 12 5

Cranston Municipal Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.35 1.25 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 89 126 N/A
Rank Among All Rhode Island Credit Unions 4 3 3 5 N/A
Cranston Municipal Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.0005681,797,770
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7501122,083,436
Used Vehicle Loans 3.2501601,689,327
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000411,765,936
Total Other Real Estate Loans/Lines of Credit 4.250741,777,878
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.00038396,966
TOTAL LOANS & LEASES 9939,511,313

Cranston Municipal Employees Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 361,636,1546263,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 5129,78200
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 591,474,2826180,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 15303,5961791,458
Open-End Fixed Rate 0000
TOTALS 1153,543,81429534,458

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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