Westerly Community Credit Union is a full service financial institution offering an array of products and services from checking, savings and investment services, to car loans and home mortgages.
On October 15, 1948, a group of like-minded people met in a borrowed office in the old Opie building on High Street. Using a card table as a desk, they formulated plans to establish a member-owned credit union — pooling their assets to provide loans and other financial services to each other. By the end of the meeting, 23 people had deposited a total of $169.25 in share (savings) accounts and what is today the Westerly Community Credit Union was born. One week later, the Credit Union granted its first loan, in the amount of $120.
From those humble beginnings, the Westerly Community Credit Union has evolved into a full-service $222 million financial institution with over 15,800 members served by 4 branches in Rhode Island; 2 located in Westerly, 1 in Richmond, and 1 in South Kingstown (South County Commons).
Westerly Community Credit Union is guided by a board of 12 member elected directors who serve three-year terms and represent the voice of all members between Annual Meetings.
Join Us & Discover the Credit Union Difference!
Membership is currently available to anyone who works or lives in RI or New London County, CT and opens a Share Savings Account with $5.00.