State credit union · COVENTRY, Rhode Island · NCUA charter #66595
Ocean State
Health score 74/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 74
- Health / 100
- $341.8M
- Total assets
- 21,971
- Members
- 11.4%
- Net-worth ratio
Ocean State scores 74/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $341.8M; members 21,971; net-worth ratio 11.37%; health rank #3,345 of 4,374; healthier than 23rd of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#3,345 of 4,374 health · 2025Q4Ocean State · health 74/100 · $341.8M · 2025Q4
Call Report peers
Ocean State in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Ocean State vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Ocean State sits in 70-74 with 317 others.
74 23rd percentile higher than 23% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Ocean State vs $100M–$500M peers
- Loan-to-Share Ratio leads the peer set - 102.65% here, 72.20% peer average (+30.45 pp).
- Net Worth Ratio trails the peer set - 11.37% here, 12.11% peer average (-0.74 pp).
Ocean State: in-state Call Report ranks
- Health composite ranks #14 of 14 among scored Rhode Island credit unions.
- By total assets, Ocean State is #7 of 14 in Rhode Island.
- Membership ranks #6 of 14 among Rhode Island CUs with a reported count (21,971 members).
- No scored Rhode Island credit union ranks lower; the next one up, Cranston Municipal Employees (#13) scores 78/100, 4 points higher.
Quarter path for Ocean State
Ocean State: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.8% from $341.8M (2025Q4) to $351.3M (2026Q1).
- Net-worth ratio shifted -0.28 pp (11.65% → 11.37%).
11.37% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 74/100 score is built
Ocean State gives up 26 points in total. Member Growth costs the most, 10.4 of its 15; Net Worth Ratio scores full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 18.4 pts
- Return on Assets 12.0 pts
- Member Growth 4.6 pts
- Loan-to-Share Ratio 9.0 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 11.37% | -0.74 pp |
| Delinquency Rate | 1.21% | +0.32 pp |
| Return on Assets | 0.30% | -0.32 pp |
| Member Growth | -2.46% | - |
| Loan-to-Share Ratio | 102.65% | +30.45 pp |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
Ocean State filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $351.3M | - |
| 2025Q4 | $341.8M | 21,971 |
| 2024Q4 | $343.9M | 22,524 |
| 2023Q4 | $339.3M | 22,772 |
Credit Union Details
- Charter Number
- 66595
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Rhode Island
- City
- COVENTRY
- Data Quarter
- 2025Q4
Branch Locations (7)
Ocean State operates 7 offices across 6 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Operation Center (Main Office) | Coventry, RI |
| Nooseneck BRANCH | Coventry, RI |
| Main Street BRANCH | COVENTRY, RI |
| NORTH KINGSTOWN BRANCH | NORTH KINGSTOWN, RI |
| Providence Branch | Providence, RI |
| Warwick BRANCH | Warwick, RI |
| PHENIX BRANCH | WEST WARWICK, RI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Rhode Island
A look at other Rhode Island credit unions, ranked by how closely their peer group and asset size match this one.
Ocean State nationwide neighbourhoods
Similar total assets
Using this data
- Ocean State ranks #3,345 of 4,374 nationally on financial health and #14 of 14 in RI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Rhode Island is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Rhode Island
Frequently Asked Questions
Is Ocean State financially healthy?
On its 2025Q4 NCUA 5300 filing, Ocean State scores 74/100 (Very Good), with a 11.37% net worth ratio and 1.21% of loans delinquent. It ranks #3,345 of 4,374 nationally on health and #14 of 14 in Rhode Island.
How does Ocean State compare to other credit unions?
Ocean State scores 74/100, higher than 23% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (102.65% vs 72.20%). Its widest shortfall is net worth ratio (11.37% vs 12.11%).
How can I join Ocean State?
Membership eligibility for Ocean State depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Ocean State directly for current membership requirements and application steps.
Is my money safe at Ocean State?
Ocean State is a state-chartered credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Ocean State's net worth ratio of 11.37% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.