REGULATING AGENCY: Rhode Island Department of Business Regulation; Division of Banking
- Elizabeth Kelleher Dwyer, Superintendent of Banking and Insurance
- Website: dbr.ri.gov/divisions/banking
- Credit Unions
LEAGUE: Cooperative Credit Union Association
PRIVATE SHARE INSURANCE: No
STATS: (As of June 2021)
Total Number of Credit Unions: 18
- TOTAL # SCUs: 8
- TOTAL # FCUs: 10
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 44%
Total Assets: $8,512,754,555
- TOTAL $ SCU ASSETS: $8,179,906,112
- TOTAL $ FCU ASSETS: $332,848,443
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 96%
Total Members: 462,013
- TOTAL Members SCUs: 440,225
- TOTAL Members FCUs: 21,788
- SCU % OF TOTAL (SCUS/STATE TOAL): 95%
FUN FACT: George M. Cohan was born in Providence in 1878. He wrote, “I’m a Yankee Doodle Dandy,” “You’re a Grand Old Flag,” and a wide variety of other musical entertainment.
August 3, 2021 — The Credit Unions of Rhode Island recently showcased a $65,000 dollar donation in mid-July to Special Olympics Rhode Island, the largest organization that transforms lives through the joy of sport for people with intellectual disabilities. Since 1998, the Credit Unions of Rhode Island, members of
the Cooperative Credit Union Association (CCUA) have supported their charitable partner and remain one of the largest corporate partners of Special Olympics Rhode Island.
Members of the Social Responsibility Committee presented a check in the amount of $65,000 to Special Olympics Rhode Island Executive Director Dennis DeJesus and athlete Michael Lucca. These funds represented the total amount raised in the year by credit unions, members, sponsors, etc. and brings their twenty-four-year total to more than $1.38 million.
The presentation took place during the annual Credit Unions of Rhode Island Charity Golf Tournament held at Crestwood Country Club in Rehoboth, Mass. Credit Unions of Rhode Island Social Responsibility Committee Chairman David Dupere, from Wave Federal Credit Union, expressed his gratitude to all the credit unions in Rhode Island for their support in the past year during the pandemic and to all the business partners who have stepped up through these times for Special Olympics Rhode Island. “We are happy to be together again and share these special moments.”
Click here to take a look at the stories that have been collected over the years in Rhode Island.
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