Cranston Municipal Employees
Cranston Municipal Employees is a credit union based in Cranston, Rhode Island, established in 1946, with $79 million in total assets serving 3,159 members. By Trust Grade it ranks 14th of 14 credit unions we track in Rhode Island. Its net worth ratio of 18.9% is stronger than 74% of similarly sized credit unions, versus a Rhode Island median of 11.2%. It posted a loss over the most recent period (-0.85% return on assets), a point to watch. No consumer complaints against Cranston Municipal Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Cranston Municipal Employees compares to Rhode Island peers
How we graded Cranston Municipal Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.9% capital ratio)
- Unprofitable over the period (ROA -0.85%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Cranston Municipal Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Cranston Municipal Employees insured?
Yes. Cranston Municipal Employees is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Cranston Municipal Employees: frequently asked questions
Is Cranston Municipal Employees a good credit union?
Cranston Municipal Employees earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Strongly capitalized (18.9% capital ratio); Unprofitable over the period (ROA -0.85%).
Is Cranston Municipal Employees NCUA-insured?
Yes. Cranston Municipal Employees is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Cranston Municipal Employees?
Cranston Municipal Employees holds $79 million in total assets, ranking 14th of 14 credit unions we track in Rhode Island. It serves 3,159 members.
Does Cranston Municipal Employees have CFPB complaints?
No CFPB complaints against Cranston Municipal Employees appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
