The History of America's Credit Unions
We got our start back in 1948, when a group of like-minded people met in a borrowed office in the old Opie building in Westerly, RI, to pool their assets together and form a member-owned credit union.
History
We continue the credit union tradition today, being a not-for-profit financial collective, 100% owned by all of our members. Our goal isn't to generate huge revenues. It's to make our members' lives better. It's to make our local communities stronger.
Today, we have five branches, 75 employees, over 23,000 members and $400 million in deposits.
We serve our members by offering a full line of deposit accounts and lending products. We pride ourselves on keeping our fees low, our loan rates equally low and paying higher dividends on deposits.
We make life easier with digital banking tools that allow 24/7 account access. We also provide a wide range of financial education and consumer counseling offerings, because it's important to us that our members get the best information and advice possible on money matters.
Community involvement is, and always will be, a strong focus of WCCU. Annually, WCCU donates to over 100 local organizations, charities, and events. WCCU also supports local schools largely through our annual Basketball Tournament (solely sponsored since 1984), Teacher Grant Program, Scholarship program, and financial literacy programs: Greenlight Debit Card & In-App Financial Literacy Game (Level Up™), CU4Reality Financial Literacy Fairs, and the Everfi and Cemark Online Financial Literacy Programs.
