WAVE
Federal • Warwick, Rhode Island • Est. 1938
Quick Facts
- Charter Number
- #24501
- Type
- Federal
- Established
- 1938
- Headquarters
- Warwick, Rhode Island 02886-1606
- Address
- 480 Greenwich Ave
- Branches
- 3
- ATMs
- 2
- Members
- 6,872
- Membership Type
- Other/Unknown
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
6,872 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | WAVE |
|---|---|
| Total Assets | $155.0M |
| Members | 6,872 |
| Loans Outstanding | $77.3M |
| Shares & Deposits | $135.1M |
| Net Worth | $19.2M |
| Net Worth Ratio | 12.36% |
| Loan-to-Share Ratio | 57.2% |
| Delinquency Rate | 0.29% |
| Net Income | +$0 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
3 locations · 2 ATMs
Corporate Office
Main Office480 Greenwich Ave
Warwick, RI 02886-1606
Branch-Warwick Ave
1217 Warwick Ave
Warwick, RI 02888-4109
Blackstone River FCU
10 Monument Sq
Woonsocket, RI 02895-3023
Who Can Join WAVE?
Membership Type: Other/Unknown
Membership eligibility for WAVE may vary. Contact the credit union directly to confirm qualification requirements.
Contact WAVE directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Rhode Island
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Rhode Island RankingsFrequently Asked Questions
WAVE is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, WAVE has 6,872 members and a potential membership field of 1,600,000 people.
WAVE's reported net worth ratio is 12.36% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
WAVE operates 3 branch locations and has access to 2 ATMs. The main office is located at 480 Greenwich Ave, Warwick, RI 02886-1606.
WAVE was established in 1938. It is a federal credit union chartered under charter number 24501. The institution has been serving members for 88 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or WAVE. All financial data is for informational purposes only.