Greenwood Credit Union

Headquarters

2700 Post Rd
Warwick, RI 02886
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 5.50% →
1-Year CD 3.75% 4.80% →
2-Year CD 3.50% 4.25% →
5-Year CD 3.50% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

Reviewed by OrionMan | November 19, 2022

Ratio of loans vs deposits appears Greenwood is overlevereged when compared to similar credit unions in the USA.


2024 Overview

General Credit Union Information

Greenwood is an NCUA insured institution located in Warwick, RI. It was founded in 1948 and has approximately $890.14 millions in assets.

Who can join?

Anyone can join by opening a Share Account with a minimum of a $5.00 balance.

NCUA Insured Yes / State-Chartered
Charter Number # # 66594
Date Established 1948
Assets $890.14 million
Loans $785.95 million
Deposits $788.68 million
Capital $77.15 million
 

Field of Membership Restrictions

Membership in Greenwood Credit Union is open to anyone through making the minimum deposit for the share savings account.

Deposit Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.35% $25 - Learn More
Money Market
0.65% $2,500 $49,999 Learn More
Money Market
0.75% $50,000 $149,999 Learn More
Money Market
0.85% $150,000 $249,999 Learn More
Money Market
1.25% $250,000 - Learn More
Premium Money Market Account
4.00% $50,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Month
0.50% $1,000 - Learn More
6 Mo CD
4.25% $1,000 - Learn More
9 Mo CD
4.00% $1,000 - Learn More
12 Mo CD
3.75% $1,000 - Learn More
18 Mo CD
3.50% $1,000 - Learn More
24 Mo CD
3.50% $1,000 - Learn More
36 Mo CD
3.50% $1,000 - Learn More
48 Mo CD
3.50% $1,000 - Learn More
60 Mo CD
3.50% $1,000 - Learn More
Int Checking Rates APY MIN MAX
INTCK
0.25% $1,000 - Learn MoreShow Less

Loan Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Greenwood

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Price Mortgage, LLC
NMLS ID: 1429043
License#: RM.804500.000
6.415% 6.250% 0.75 $5,600 $1,971 Learn More
Sebonic
NMLS ID: 66247
6.576% 6.500% 0.75 $2,544 $2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.953% 6.875% 0.63 $2,534 $2,103 Learn More
AimLoan.com
NMLS ID: 2890
License#: MBMB.850089.000
6.989% 6.875% 0.88 $3,721 $2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info
Achieve Loans
Achieve Loans
See Table
Intro APR
10.625 %
After Intro: 10.625 %
$0 Learn More
More Info

Note to Greenwood
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Greenwood branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Greenwood Locations around zip code 43085


BranchDistance Map View Lobby Hours

Main Site - 2669 Post Rd

623.95 A View Lobby Hours


Climate Policy and Initiatives

GREENWOOD is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


Add Your Review


or use your BestCashCow account

or

Financial Details

Greenwood Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Greenwood. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Greenwood U.S. Average
9.50% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Greenwood had $7,621,398 in non-current loans and $73,040 in owned assets. To cover these potential losses it had $77,151,763 in net worth and $3,802,154 in loans loss reserves. That gives it a Texas Ratio of 9.50%.

Net Worth
Greenwood U.S. Average
8.85% 13.93%

Greenwood FCU has a net worth of 8.85% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Greenwood


  • November 19, 2022

    Ratio of loans vs deposits appears Greenwood is overlevereged when compared to similar credit unions in the USA.


Add Your Review


or use your BestCashCow account

or