Westerly Community Credit Union

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A short history of Westerly Community CU

Since its inception in 1948 the Westerly Community Credit Union has been serving its members in the Westerly, 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 Stephen White, the Westerly Community CU has grown its membership to over 17,805 with assets of more than $264,228,772. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (401) 596-7000 or email them at memberservice@westerlyccu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Westerly, RI.

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

Charter Number 67270
Address 122 Granite St 
City Westerly 
State Rhode Island 
Zip-Code 02891
Phone Number (401) 596-7000
Fax Number (401) 596-3819
Email Address: memberservice@westerlyccu.com
CEO/President Stephen White
Members 17,805 
Full-Time Employees 64 
Part-Time Employees
Number of Branch Offices
Total Assets 264,228,772 
Website http://www.westerlyccu.com 

Compare Westerly Community Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Connecticut Community CU Main Office 43 W Broad St 06379 (860) 599-5379 No 1.91
Scient CU Andover 1 Burtt Rd 06379 (800) 585-5943 No 13.42
Groton Municipal Employees CU Credit Union Office 295 Meridian ST 06340 (860) 446-4121 No 13.93
Charter Oak CU Fitch High School 101 Groton Long Point Rd 06340 (860) 446-8085 No 14.23
New London Municipal Employees CU New London Municipal Employees Credit Union, Inc 111 Union St 06320 (860) 447-1585 No 15.28

Westerly Community Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Westerly Community 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 8.65 2.25 1.95 3.88 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 131 57 18 119 100
Rank Among All Rhode Island Credit Unions 1 4 1 5 4

Westerly Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.20 0.05 0.20 0.30 1.49
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 102 143 114 302 95
Rank Among All Rhode Island Credit Unions 3 8 6 12 4
Westerly Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.6501,7934,970,589
All Other Unsecured Loans/Lines of Credit 12.2407162,939,536
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2501232,657,600
Used Vehicle Loans 1.9508429,666,866
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.8801,294150,432,980
Total Other Real Estate Loans/Lines of Credit 4.00054722,446,532
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.00067940,810,338
TOTAL LOANS & LEASES 5,994233,924,441

Westerly Community 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 20337,072,085234,393,025
    b. 15 Years or less 62951,695,426384,519,400
    a. > 15 years 194,042,74151,081,000
    b. 15 Years or less 20641,068,660173,748,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 23716,554,0682043,187,028
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1444,721,93418673,700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 40317,724,5983323,908,443
Open-End Fixed Rate 0000
TOTALS 1,841172,879,51263721,510,596


Interest Only & Payment Option 1st Mortgage Loans 27316,147,8652,658,000
Interest Only & Payment Option Other RE/LOC Loans 44117,103,6992,357,074
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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