Rhode Island

REGULATING AGENCY: Rhode Island Department of Business Regulation; Division of Banking

Rhode Island State House

LEAGUE: Cooperative Credit Union Association

  • Ron McLean, President/CEO
  • Website: ccua.org

PRIVATE SHARE INSURANCE: No


2023 STATS 
  • Largest SCU: NAVIGANT CU $3.63B in assets
  • Largest FCU: WAVE FCU $140.5M in assets
Third Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 8 8 16 50.00%
Credit Union Members 457,619 18,558 476,177 96.10%
Credit Union Assets $9.77B $312.95M $10.08B 96.90%

FUN FACT

Rhode Island has no county government. It is divided into 39 municipalities each having its own form of local government.


RECENT NEWS
Lincoln teacher finds creative ways to teach history

April 7, 2023 – NBC 10 News, the Rhode Island Department of Education and Ocean State Credit Union are teaming up to present the Golden Apple Award to outstanding teachers.

This week’s recipient, Lincoln High School history teacher Casey Carrm was nominated by one of her students. A huge entourage of family, friends and educators, joined NBC 10 News to surprise Carr in her classroom.

The Deputy Commissioner of Education Lisa Odom Villella presented the award. “I’m so honored. This is pretty touching,” Carr said. She was nominated by Ian Lanctot, a student, who said she is among the most trusted people in the school and has a creative way of teaching.

For example, in a lesson on the Berlin Wall, students stacked up desks and split the classroom. It was the capitalists on one side and communists on the other…


STORY ARCHIVE

Click here to take a look at the stories that have been collected over the years in Rhode Island.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!