RANKING ·
Lowest efficiency ratio in Rhode Island
8 of 14 credit unions in Rhode Island that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets and positive revenue. Institutions with equal values share a rank. Source: NCUA Call Report data.
| Rank | Institution | Headquarters | Efficiency ratio (noninterest expense / revenue) | Total assets |
|---|---|---|---|---|
| 1 | Coastal1 Credit Union | Pawtucket, RI | 63.1% | $3.5 billion |
| 2 | Greenwood Credit Union | Warwick, RI | 65.2% | $957 million |
| 3 | Navigant Credit Union | Smithfield, RI | 73.0% | $4.3 billion |
| 4 | Westerly Community Credit Union | Wakefield, RI | 76.4% | $520 million |
| 5 | Rhode Island Credit Union | Warwick, RI | 88.6% | $425 million |
| 6 | Wave Federal Credit Union | Warwick, RI | 88.7% | $157 million |
| 7 | The Peoples Credit Union | Middletown, RI | 90.4% | $811 million |
| 8 | Ocean State Credit Union | Coventry, RI | 96.3% | $351 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings