A Committed Team
We also take pride in having 76 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our staff is dedicated to understanding your needs and helping you navigate your financial journey effectively. Net Shares (Funds available for lending and investments): $1,750,130 highlight our commitment to maintaining liquidity while serving you better. Additionally, Total Share Accounts: 90,423 show a strong and growing member base that trusts us with their finances. Our $2,431,569 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. This efficiency ensures that your credit union remains robust and responsive to your needs. In summary, the financial strength of Greenwood means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Greenwood is your trusted partner. Visit us at 2669 Post Rd Warwick Ri 02886 or call (401) 739-4600 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.
Investing Back into Our Community
With $76,401,683 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This reinvestment strategy not only enhances our offerings but also strengthens the overall financial ecosystem of our community. Our lending capacity supports members' financial goals across various sectors, evidenced by $25,911 in used auto loans and $791,111,912 in total loans and leases. Whether you're looking to purchase a new vehicle or secure financing for personal projects, we're here to support you every step of the way.
Secure Savings Options
Members' savings are secured through $453,634,003 in share certificates and $55,414,396 in money market shares, offering stable and rewarding financial growth opportunities. These options are designed to help you grow your savings with confidence while enjoying the benefits of membership at Greenwood. Unlike traditional banks, we prioritize our members. With non-member deposits at $18,458,097, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. This dedication to our members sets us apart as a community-focused credit union.
Solid Financial Health
With a net worth of $78,436,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This figure reflects our commitment to safeguarding your assets while providing you with valuable banking options. Our net worth ratio of 8.86% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio is a crucial indicator of our ability to withstand market fluctuations and protect our members' interests.
