Westerly Community Credit Union

Westerly Community Credit Union Expands to Coventry

by Mark Berger

Westerly Community Credit Union (WCCU) has recently opened their h location at 2405 Nooseneck Hill Road in Coventry. In celebration of their newest location, they held a ribbon-cutting ceremony and had a Grand Opening Celebration Week in early January and are currently o ering Grand Opening specials.

e new branch features the latest technologies, including an ITM (Interactive Teller Machine), technology zone, co ee station, and a kid’s play area. “We wanted to create a warm and modern branch where our members could visit and meet with our friendly sta to nd solutions to all their nancial needs,” stated Meg Sisco.

e ribbon cutting ceremony was attended by honored guests, including Lauren E.I. Slocum IOM, Resident & CEO of the Central Chamber of Commerce, Stephen Lombardi, Executive Director of the East Greenwich Chamber of Commerce, Donna Jennings, O ce Manager of the East Greenwich Chamber of Commerce, Pete Stefanski, Chairperson of the WCCU Board, and Steven Scales,VP Chairperson of the WCCU Board, along with WCCU sta . Steve White, President & CEO of WCCU, remarked, “ is new location provides a convenient location for our current and potential members in the area and is also a great location to support future expansion and sta recruitment. We are looking forward to getting involved and meeting people in the local community.”

To celebrate the opening of this new branch, they are o ering great specials and holding exclusive events all year long.

Running now through March 31st, you can get a $50 local gas card when you open a new auto loan and a $100 Home Depot gi card when you open a new Flex Equity Line of Credit.*

ey are also o ering great rates, including 2.50% APY with their #Goal Savings Account and 2% APY with their eChecking Account, which has no annual, monthly, or transaction fees.**

Community involvement is a very strong focus for the credit union. ey want to be a positive force in the community and their mantra, #WCCUCares,

emphasizing their focus on caring about their members, their members’ nancial success, and their community. ey certainly do their part in giving back to the community. ey sponsor and volunteer at over a hundred organizations and events every year, and many of their employees are involved with local charities and organizations.

ey just held their biggest event, the 2022 Annual WCCU Holiday Basketball Tournament. Since its inception in 1984, the tournament has been solely sponsored and underwritten by WCCU. All gate receipts are donated back to the four participating schools. To date, the tournament has raised more than $250,000. e event takes place during the school break between Christmas and New Year’s Day. It’s unique because the boys’ and girls’ varsity and junior varsity teams all get to play in the event.

WCCU also strongly focuses on providing nancial education for its members and the local schools. New in 2021, WCCU launched its WCCU Financial Education Center on their website, www. westerlyccu.com. is free center is available for all ages and provides information based on speci c topics like ‘Just Starting Out,’ ‘Loans and Lending,’ and ‘Small Business Essentials,’ or to create a customized playlist based on your speci c needs. ere are over 50 nancial education modules to choose from with quick three- to ve–minute videos designed to help provide the information you need to make your nancial decisions easier.

WCCU sponsors nancial education initiatives in local high schools, including the Ever Online nancial education, and CU4Reality Financial Literacy fairs.

WCCU is also the sole sponsor of a new on-line nancial literacy program at URI, the Rhody Financial Education Center. is program has even been incorporated into the freshman syllabus. In addition, departments and student organizations have access to help teach nancial literacy to the student body.

WCCU is open Monday to Wednesday from 9:00 am to 4:00 pm, ursday & Friday, 9:00 am to 5:00 pm, and Saturday from 9:00 am until 12:00 noon. eir new drive-up ITM (Interactive Teller Machine) is available 24/7, and o ers the opportunity to speak to someone Monday - Friday: 8 am to 5 pm and Saturday: 9 am to noon. To nd additional details about the upcoming events and grand opening, contact (401) 407-2305 or 401-596-7000 x2601 during normal business hours- ask for Scott Francis, Financial Services Manager—Coventry.

In addition to their new location in Coventry, WCCU also has two o ces in Westerly, one branch in Wake eld, and one in Richmond.

*O ers are for accounts opened in person at the WCCU Coventry branch only. O ers valid until 3/31/2022, subject to change and not valid for WCCU Board Members, employees and their families. Gas card o er is not available for existing WCCU auto loans. One gas card per account. Visit westerlyccu. com/auto for current rates and product details. One Home Depot gi card per account. Visit westerlyccu.com/ ex for current rates and product details. Insured by NCUA.

**eChecking rate shown is for balances $0 - $19,999.99, balances of $20,000 or greater will earn .50% APY. To receive the higher rates, members must meet the following requirements: use their debit card a minimum of 10 times per month as a PIN or signature-based transaction, sign up and activate eStatements, and complete 1 or more direct deposit or ACH transfers per month totaling a minimum of $500. If an account does not meet the criteria, the monthly rate will be .10% APY.

About Westerly Community Credit Union:

e WCCU initiative, #WCCUCares, emphasizing their focus on caring about their members, their members’ nancial success, and their community.

Established in1948, Westerly Community Credit Union is a local, full–service nancial institution that currently serves over 20,000 members, with lending and deposit products through convenient locations in Wake eld, Richmond, Westerly, Coventry, and online at www.westerlyccu.com.

Recent WCCU awards: Westerly Sun’s Readers’ Choice Best Credit Union (2021), Best Mortgage Company (2021), Best Financial Advisor (2021), Best Bank Award (2017-18-19 and top 3 in 2020); Southern RI Chamber Choice Award 2021, Best Employer (2018) and “Spreadin’ the Love” (2019) community service awards; as well as PBN Best Places to Work (2018, 2019, and 2021).