Cumberland Municipal Employees
Cumberland Municipal Employees is a credit union based in Cumberland, Rhode Island, established in 1962, with $9 million in total assets serving 814 members. By Trust Grade it ranks 1st of 14 credit unions we track in Rhode Island. Its net worth ratio of 19.4% is stronger than 76% of similarly sized credit unions, versus a Rhode Island median of 11.2%. It was profitable over the most recent period, with a 0.38% return on assets. No consumer complaints against Cumberland 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 Cumberland Municipal Employees compares to Rhode Island peers
How we graded Cumberland Municipal Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (19.4% capital ratio)
- Profitable (ROA 0.38%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Cumberland Municipal Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Cumberland Municipal Employees insured?
Yes. Cumberland 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.
Cumberland Municipal Employees: frequently asked questions
Is Cumberland Municipal Employees a good credit union?
Cumberland Municipal Employees earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (19.4% capital ratio); Profitable (ROA 0.38%).
Is Cumberland Municipal Employees NCUA-insured?
Yes. Cumberland 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 Cumberland Municipal Employees?
Cumberland Municipal Employees holds $9 million in total assets, ranking 1st of 14 credit unions we track in Rhode Island. It serves 814 members.
Does Cumberland Municipal Employees have CFPB complaints?
No CFPB complaints against Cumberland 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.
