WCCU meets with R.I. General Treasurer Diossa
Friday, July 19, 2024
Westerly Community Credit Union (WCCU) recently met with Rhode Island General Treasurer James Diossa to discuss the state’s new community deposit program BankLOCAL and the importance of helping Rhode Island’s small businesses secure loans.
BankLOCAL will give up to $30 million in state deposits to local banks and credit unions. This initiative supports local financial institutions like WCCU, enabling them to lend to more small businesses across Rhode Island, generating economic growth and opportunity in the Ocean State.
“Small businesses are the backbone of our community,” said Stephen J. White, President and CEO of Westerly Community Credit Union. “By partnering with BankLOCAL, we can provide small businesses with the resources they need to not only survive, but to flourish.”
To find out more about Westerly Community Credit Union and to learn more visit www.westerlyccu.com or call (401) 596-7000.
About Westerly Community Credit Union: About Westerly Community Credit Union:
The WCCU mantra, #WCCUCares, emphasizes their focus on caring about their members, their members’ financial success, and their community. Established in 1948, Westerly Community Credit Union is a local, full–service financial institution that currently serves over 22,000 members with lending and deposit products through convenient locations in Westerly, Richmond, Wakefield, Coventry, and online at www.westerlyccu.com. Recent WCCU awards: Westerly Sun’s 2023 Community Choice for Best Credit Union and Best Financial Planning Services; Southern RI 2023 Community Choice Awards for Best Credit Union; Southern RI 2023 Chamber Choice Awards “Spreadin’ the Love Giving Back Award”, as well as PBN’s Best Places to Work (2018, 2019, 2021, 2022, 2023 and 2024).
BankLOCAL will give up to $30 million in state deposits to local banks and credit unions. This initiative supports local financial institutions like WCCU, enabling them to lend to more small businesses across Rhode Island, generating economic growth and opportunity in the Ocean State.
“Small businesses are the backbone of our community,” said Stephen J. White, President and CEO of Westerly Community Credit Union. “By partnering with BankLOCAL, we can provide small businesses with the resources they need to not only survive, but to flourish.”
To find out more about Westerly Community Credit Union and to learn more visit www.westerlyccu.com or call (401) 596-7000.
About Westerly Community Credit Union: About Westerly Community Credit Union:
The WCCU mantra, #WCCUCares, emphasizes their focus on caring about their members, their members’ financial success, and their community. Established in 1948, Westerly Community Credit Union is a local, full–service financial institution that currently serves over 22,000 members with lending and deposit products through convenient locations in Westerly, Richmond, Wakefield, Coventry, and online at www.westerlyccu.com. Recent WCCU awards: Westerly Sun’s 2023 Community Choice for Best Credit Union and Best Financial Planning Services; Southern RI 2023 Community Choice Awards for Best Credit Union; Southern RI 2023 Chamber Choice Awards “Spreadin’ the Love Giving Back Award”, as well as PBN’s Best Places to Work (2018, 2019, 2021, 2022, 2023 and 2024).