OCEAN STATE
State-Chartered • COVENTRY, Rhode Island • Est. 1950
Quick Facts
- Charter Number
- #66595
- Type
- State-Chartered
- Established
- 1950
- Headquarters
- COVENTRY, Rhode Island 02816
- Address
- 2006 NOOSENECK HILL ROAD
- Branches
- 7
- ATMs
- 6
- Members
- 21,971
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Well-capitalized with a healthy net worth ratio and solid financial fundamentals. A reliable institution with good long-term stability.
Financial Overview
Total Assets
Members
21,971 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | OCEAN STATE |
|---|---|
| Total Assets | $341.8M |
| Members | 21,971 |
| Loans Outstanding | $282.3M |
| Shares & Deposits | $275.1M |
| Net Worth | $39.8M |
| Net Worth Ratio | 11.65% |
| Loan-to-Share Ratio | 102.7% |
| Delinquency Rate | 1.21% |
| Net Income | +$1,037,443 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
7 locations · 6 ATMs
Operation Center
Main Office2006 Nooseneck Hill Rd
Coventry, RI 02816
Nooseneck BRANCH
1584 Nooseneck Hill Rd
Coventry, RI 02816
Main Street BRANCH
1076 MAIN ST
COVENTRY, RI 02816
PHENIX BRANCH
744 MAIN ST
WEST WARWICK, RI 02893
NORTH KINGSTOWN BRANCH
7373 POST Rd
NORTH KINGSTOWN, RI 02852
Who Can Join OCEAN STATE?
Membership Type: Community
Membership eligibility for OCEAN STATE may vary. Contact the credit union directly to confirm qualification requirements.
Contact OCEAN STATE directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Rhode Island RankingsFrequently Asked Questions
Yes. OCEAN STATE is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, OCEAN STATE has 21,971 members and a potential membership field of 200,000 people.
OCEAN STATE's net worth ratio is 11.65% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 11.7%, OCEAN STATE meets this threshold.
OCEAN STATE operates 7 branch locations and has access to 6 ATMs. The main office is located at 2006 Nooseneck Hill Rd, Coventry, RI 02816.
OCEAN STATE was established in 1950. It is a state-chartered credit union chartered under charter number 66595. The institution has been serving members for 76 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or OCEAN STATE. All financial data is for informational purposes only.