TellerScore

Ocean State Credit Union (NCUA charter #66595) is based in Coventry, Rhode Island. Its Q2 2026 call report shows $350.7M in total assets and $283.8M in member shares and deposits and 7 offices.

Ocean State Credit Union has a TellerScore of 53 out of 100 (below average) based on Q2 2026 data — higher than only 9% of its 1,341 credit unions with $100 million – $1 billion. Among 14 credit unions headquartered in Rhode Island, it ranks 14th. Problem-loan coverage contributes the most (79/100, 10.7%); earnings contributes the least (22/100, 0.04%).

TellerScore · Q2 2026

Scorecard

Capital cushion64/100
Net worth ratio: 11.37%
Loan quality48/100
Loans 60+ days delinquent ÷ total loans: 1.55%
Earnings22/100
Return on assets (annualized): 0.04%
Funding & liquidity63/100
Loans ÷ shares: 96.9% · 4.4% uninsured
Problem-loan coverage79/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 10.70%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 6 points (59 → 53), mostly because the loan quality component weakened by 16 points.

TellerScore
535761Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202461
Q3 202459
Q4 202459
Q1 202559
Q2 202559
Q3 202560
Q4 202558
Q1 202654
Q2 202653
Net worth ratio
7.00%9.43%11.86%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202411.12%
Q3 202411.45%
Q4 202411.32%
Q1 202511.25%
Q2 202511.64%
Q3 202511.86%
Q4 202511.65%
Q1 202611.37%
Q2 202611.37%
Delinquent loans (60+ days)
0.71%1.13%1.55%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.71%
Q3 20240.92%
Q4 20241.02%
Q1 20250.98%
Q2 20251.08%
Q3 20250.98%
Q4 20251.21%
Q1 20261.54%
Q2 20261.55%
Return on assets
0.04%0.19%0.34%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.26%
Q3 20240.28%
Q4 20240.30%
Q1 20250.28%
Q2 20250.34%
Q3 20250.30%
Q4 20250.27%
Q1 20260.13%
Q2 20260.04%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202653$350.7M11.37%1.55%0.04%96.9%
Q1 202654$351.3M11.37%1.54%0.13%96.9%
Q4 202558$341.8M11.65%1.21%0.27%102.6%
Q3 202560$334.3M11.86%0.98%0.30%108.4%
Q2 202559$339.3M11.64%1.08%0.34%106.4%
Q1 202559$348.0M11.25%0.98%0.28%104.7%
Q4 202459$343.9M11.32%1.02%0.30%104.7%
Q3 202459$337.1M11.45%0.92%0.28%109.4%
Q2 202461$344.7M11.12%0.71%0.26%105.6%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.37%
49th
Problem loans1.55%
12th
Net charge-offs0.03%
95th
Return on assets0.04%
6th
Loans to deposits96.9%
6th
Uninsured deposits4.4%
67th
Loan-loss reserves0.00%
50th
Texas ratio10.7%
11th

Similar-size credit unions in Rhode Island

InstitutionScoreAssetsCapitalProblem loansCompare
Rhode Island Credit UnionCredit union Warwick, RI65 out of 100, Moderate$425.1M10.4%0.38%vs
Westerly Community Credit UnionCredit union Wakefield, RI66 out of 100, Moderate$519.9M9.4%0.21%vs
Wave Federal Credit UnionCredit union Warwick, RI71 out of 100, Strong$156.8M12.3%0.93%vs
The Peoples Credit UnionCredit union Middletown, RI59 out of 100, Moderate$811.2M10.0%0.57%vs
Greenwood Credit UnionCredit union Warwick, RI67 out of 100, Moderate$957.3M10.1%0.48%vs

Deposit insurance

Is my money safe at Ocean State Credit Union?

Yes. Ocean State Credit Union is a federally insured credit union (NCUA charter #66595). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 4.4% of shares and deposits ($12.5M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 11.37%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

7 locations

Branches

Ocean State Credit Union lists 7 offices in 5 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Ocean State Credit Union reported 126 home-loan applications under HMDA (LEI 549300OITV2T766YLP15): 87 originated ($14,195,000 total), 29 denied, and 10 withdrawn or closed by the applicant. Its denial rate on decided applications was 25.0%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Ocean State Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
66595
RSSD ID
318796
Primary regulator
State + NCUA
Established
1950
Headquarters
2006 Nooseneck Hill Road, Coventry, RI 02816
Employees
61

Quick answers

Ocean State Credit Union: common questions

Is Ocean State Credit Union NCUA insured?

Yes. Ocean State Credit Union is a federally insured credit union (NCUA charter #66595). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Ocean State Credit Union's TellerScore?

53 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Ocean State Credit Union have?

7 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Coventry

InstitutionScoreAssetsCapitalProblem loansCompare
Natco Employees Federal Credit UnionCredit union West Warwick, RI93 out of 100, Very strong$208K17.4%0.00%vs
Attleboro M E Federal Credit UnionCredit union Attleboro, MA90 out of 100, Very strong$24.6M13.7%0.13%vs
Charter Oak Federal Credit UnionCredit union Waterford, CT85 out of 100, Very strong$1.7B12.5%0.50%vs
Chelsea Groton BankBank Groton, CT82 out of 100, Strong$1.8B16.7%0.48%vs
Cumberland Municipal Employees Federal Credit UnionCredit union Cumberland, RI78 out of 100, Strong$9.2M19.3%0.95%vs
Pawtucket Municipal Employees Federal Credit UnionCredit union Pawtucket, RI76 out of 100, Strong$6.2M13.4%0.60%vs