Westerly Community
Westerly Community is a credit union based in Wakefield, Rhode Island, established in 1948, with $511 million in total assets serving 21,705 members. By Trust Grade it ranks 11th of 14 credit unions we track in Rhode Island. Its net worth ratio of 9.4% trails most similarly sized credit unions (21th percentile), versus a Rhode Island median of 11.2%. It was profitable over the most recent period, with a 0.62% return on assets. No consumer complaints against Westerly Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Westerly Community compares to Rhode Island peers
How we graded Westerly Community
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.4% capital ratio)
- Profitable (ROA 0.62%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Westerly Community over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Westerly Community insured?
Yes. Westerly Community is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Westerly Community: frequently asked questions
Is Westerly Community a good credit union?
Westerly Community earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Well-capitalized (9.4% capital ratio); Profitable (ROA 0.62%).
Is Westerly Community NCUA-insured?
Yes. Westerly Community is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Westerly Community?
Westerly Community holds $511 million in total assets, ranking 11th of 14 credit unions we track in Rhode Island. It serves 21,705 members.
Does Westerly Community have CFPB complaints?
No CFPB complaints against Westerly Community appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
