Ocean State Credit Union Coventry RI | Best Auto Loans & Quick Personal Loans

Introduction

Welcome to Ocean State, your trusted partner in financial wellness, located at 1584 Nooseneck Hill Rd, Coventry, RI 02816. Established in 1950, our credit union has been dedicated to serving the community for over seven decades. With a proud membership of 22,504 individuals, we are committed to providing personalized banking solutions tailored to meet your needs. At Ocean State, we understand that financial success is built on strong relationships and unwavering support. That's why our team of 62 employees, led by our CEO Michael Garvey and Board President Michael Airhart, works tirelessly to ensure you receive the best service possible. Our total assets amount to an impressive $337,099,974, reflecting our stability and dedication to responsible banking practices. While members can visit us at our branch location, official correspondence should be sent to the same address: 1584 Nooseneck Hill Road, Coventry, RI 2816. We pride ourselves on being more than just a financial institution; we are a pillar of the community, actively contributing to local initiatives and supporting economic growth. Our range of services includes everything from checking and savings accounts to auto loans and mortgages. With total deposits reaching $12,793,688 and total loans exceeding 3,538, we have the resources you need to achieve your financial goals. Plus, with a net worth of $38,593,810 and cash in hand totaling $1,922,373, we're well-positioned to help you with your banking needs. Whether you're looking for guidance on personal loans or seeking reliable business banking solutions, we invite you to explore all that Ocean State has to offer. Contact us today at 401-397-1900 or visit our website at oceanstatecu.org for more information. Your journey toward financial security starts here!

Branch History & Mission

Community Commitment

We pride ourselves on being actively involved in the local community. Our outreach initiatives reflect our dedication not only to finance but also to social responsibility. We partner with various organizations to support local events and causes that matter most to you. As we continue this journey together, we invite you to join us at Ocean State. Experience firsthand the benefits of membership where your financial well-being is our priority. Reach out today at 401-397-1900 or explore more about what we offer on our website. Together, let's build a brighter financial future!

Our Mission

At Ocean State, our mission is more than just offering loans and accounts; it's about building relationships and empowering our members. We believe in providing personalized services that help individuals and families achieve their financial goals. Whether you're looking for an auto loan or planning for retirement, we're here to guide you every step of the way. While members can visit us at 1584 Nooseneck Hill Rd, official correspondence should be sent to 1584 Nooseneck Hill Road, Coventry, RI 2816 if needed. We invite you to take advantage of our drive-thru service and ATM availability for your convenience.

Our Story

Located at 1584 Nooseneck Hill Rd, our branch is easily accessible and surrounded by familiar local landmarks. As we look back on our history, we are reminded of the countless families and individuals who have turned to us for their financial needs. Our mission has always been clear: to provide exceptional financial services while fostering a strong sense of community support. Over the years, we've adapted to the changing needs of our members. Our commitment to innovation is evident through our digital banking options, which allow members to manage their finances conveniently from anywhere. Whether it's through mobile payments or online banking, we've embraced technology to enhance your experience while ensuring that all services are ADA compliant.

Branch Location & Accessibility

ATM Availability

For those times when you need cash quickly, we have an ATM available for your convenience. You can access your funds anytime without needing to enter the branch. While members can visit us at 1584 Nooseneck Hill Rd for all their banking needs, official correspondence should be sent to the same address as well: 1584 Nooseneck Hill Road, Coventry, RI 2816. If you have any questions or need assistance, feel free to call us at 401-397-1900. Our friendly team at Ocean State Credit Union is always ready to assist you with whatever you need. We invite you to come by and experience the personalized service that sets us apart!

Easy Access and Parking

When you arrive at our Nooseneck Branch, you'll find ample parking available right outside. The branch is designed with accessibility in mind, featuring ramps and ADA-compliant facilities to ensure that all our members can visit us with ease. If you're looking for quick service, take advantage of our drive-thru banking option, perfect for those busy days when you need to make deposits or withdrawals without leaving your car.

Operating Hours That Fit Your Schedule

We know that life can get busy, which is why we offer convenient operating hours. Our lobby is open Monday through Thursday from 9 AM to 5 PM and extends its hours on Friday until 7 PM. Whether you're stopping by on your lunch break or after work, we're here to help you with personal banking services such as checking and savings accounts, auto loans, mortgage loans, and more.

Member Eligibility

At Ocean State, we believe that everyone deserves access to a supportive financial community. Becoming a member is simple and welcoming, designed for individuals who live, work, worship, or attend school in the communities we serve. If you're looking for a place that values your needs and offers you personalized service, you've found it! You can check out the detailed eligibility requirements at https://www.oceanstatecu.org/resources/about-ocean-state-credit-union/how-to-become-a-member-of-ocean-state-credit-union to see how easily you can join our family. We pride ourselves on offering great benefits, such as competitive loan rates and a variety of banking services tailored just for you. Ready to take the next step? Opening an account is a breeze! Visit us at our location at 1584 Nooseneck Hill Rd Coventry Ri 02816 or give us a call at (401) 397-1900 for any questions. We're excited to help you start your journey with us at Ocean State! For more information on opening an account, feel free to check this link: https://www.oceanstatecu.org/services/oscu-scholarship/ .

Business Banking & Commercial Services

Merchant Services That Make Life Easier

Managing payments shouldn't be a hassle. Our merchant services offer reliable solutions to help you process transactions smoothly, allowing you to focus on what matters most: running your business. Imagine being able to accept payments from anywhere be it online or in-person without worrying about complex systems. This makes it easier for your customers to do business with you and helps streamline your operations. Located conveniently at 1584 Nooseneck Hill Rd Coventry Ri 02816, Coventry, RI, we invite you to explore how our business banking services can support your entrepreneurial journey. Contact us at (401) 397-1900 or visit us online for more information!

Tailored Financing Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. Additionally, we also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're considering purchasing a new vehicle, our auto loans can make that dream a reality. We provide competitive rates and flexible terms that suit your budget. Picture yourself driving off in that new car while knowing you got the best financing option available.

Business Banking

If you're a business owner, you'll find valuable resources at Ocean State too! We offer merchant services and business loans tailored specifically for small businesses. Let us assist you in growing your business while managing your finances efficiently.

Convenient Access

Your time matters. That's why we have ATM services available for quick cash withdrawals and balance checks whenever you need them. For simple transactions like deposits and withdrawals, our drive-thru service provides added convenience without needing to park. Our commitment doesn't stop there; we prioritize digital banking features that enhance your access anytime, anywhere. With online banking and mobile payments available at your fingertips, managing finances has never been easier. For any questions or additional information about our services, feel free to reach out at 401-397-1900. We're excited to support you on your financial journey! Join us today by visiting our website or stop by our branch in Coventry! Your financial future starts here at Ocean State!

Credit Cards with Rewards

Enjoy shopping? Our credit cards come with rewards that let you earn points on every purchase. Whether you're planning a vacation or just want some cash back on daily expenses, our cards provide great benefits for regular use.

Mortgage Loans & Refinancing

For those ready to buy a home or refinance an existing mortgage, Ocean State has you covered. Our mortgage loans come with personalized service to help you navigate the process smoothly. We understand that buying a home is one of the biggest investments you'll make, and we're here to ensure it's as stress-free as possible.

Personal Banking

When it comes to personal banking, we offer various options tailored for your lifestyle. Open a checking or savings account with us and enjoy the convenience of managing your money easily. With features like online and mobile banking, you can check balances, pay bills, and transfer funds right from your phone or computer. Imagine being able to deposit checks without leaving your home!

Personal Loans & Debt Consolidation

Need extra funds for unexpected expenses? Our personal loans can help cover costs like medical bills or home repairs. Plus, if you're juggling multiple debts, consider our debt consolidation options simplifying payments into one manageable monthly payment.

Digital & Online Banking

Accessibility and Ease of Use

Managing your money shouldn't be complicated. With our user-friendly interface, accessing your account information has never been easier. Plus, our mobile payments feature allows you to make purchases directly from your phone no wallet needed! Join us at Ocean State and experience the convenience of digital banking that fits into your lifestyle. Visit us online today at https://www.oceanstatecu.org/ to learn more about how we can help you take control of your financial future.

Key Features for You

With our online banking services, you can check your balances, transfer funds, and pay bills with just a few clicks. Our mobile application enhances this experience, allowing you to perform these tasks right from your smartphone. For those who prefer to send money quickly and conveniently, our person-to-person transfer feature lets you send cash to friends and family effortlessly. Security is a top priority for us. While we don't offer electronic signature authorization at this time, rest assured that all transactions are protected with advanced security measures. We also provide e-statements to help you keep track of your finances without the clutter of paper statements.

Financial Strength

Commitment to Growth

With $32,789,179 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $39 in used auto loans and a total of $286,568,466 in loans and leases.

Growing Trust

Our total share accounts stand at 39,304, showing a strong and growing member base that trusts us with their finances. Net Shares (funds available for lending and investments) amount to $1,064,487, reflecting our commitment to sustainable growth. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ocean State is your trusted partner. Visit us at 1584 Nooseneck Hill Rd Coventry RI 02816 or call 401-397-1900 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.*

Member-Focused Savings

Members' savings are secured through $61,445,899 in share certificates and $34,689,171 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operations show efficiency with a net income of $702,061, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 54 full-time employees and 8 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Solid Financial Health

With a net worth of $38,593,810, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.45% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Options

If you're looking into business opportunities or need additional financing options, we have resources available to guide you through those processes too. For all our loan products, we encourage potential borrowers to explore eligibility and refinancing options that may be available. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We invite you to visit us or contact us at Ocean State for personalized assistance tailored just for you!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already provided $336,633 in used vehicle loans and $145,736 in new vehicle loans to help our members get on the road confidently. Whether you're interested in financing a brand-new model or a reliable used vehicle, our team is ready to assist you with competitive rates and flexible terms.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We currently offer Junior Lien 1-4 Family Residential Properties loans totaling $23,652,571. If you're considering buying a home or refinancing an existing mortgage, our knowledgeable staff can guide you through the process to find the right solution for your needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. With a total of $336,936 in loans helping members manage their finances effectively, our credit cards come with features that fit your lifestyle. Enjoy convenient access to funds while keeping track of your spending.

Loan Aggregator

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Ensuring Accurate Comparisons

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Get Started Today

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OCEAN STATE CREDIT UNION - Coventry, RI