July 16, 2020
11:00 aM


To protect the safety and wellbeing of our members and staff, only 10 members will be permitted in the branch at any one time.

ppp update:

The current round of PPP ends on August 8th. To ensure our ability to submit complete applications prior to this date we will accept applications only through July 31, 2020.

MAY 26, 2020
3:30 PM


Beginning June 1st we will reopen our branch lobbies to member traffic.  To protect the safety and wellbeing of our members and staff, only 6 members will be permitted in the branch at any one time.

Upon arrival, members will be asked to provide identification and reveal his/her face briefly to enable us to verify his/her identity. While conducting business, both branch staff and members will be required to wear face coverings unless prevented by a medical condition, and maintain a social distance separation of at least 6 feet if possible.

If you’re feeling ill or have been in contact with someone who is or has been ill, we ask that you please stay home.  All members visiting a branch lobby will be asked several brief health screening questions prior to entry.

Appointments will not be necessary, but may still be made by calling a branch directly at the phone numbers listed below.  Please note that we’ve changed our hours to better serve you.  All branches will have the same lobby and drive-up hours as listed below except 540 Broadway which will close at 3pm Monday – Friday and not offer Saturday hours. For all non-appointment inquiries or to speak with a member service representative, please call our main number at 401-722-2212 and select option 7, #2.


Main Number / Call Center
401-722-2212 8a-5p Mon-Fri; 8a-12p Sa

Drive-Up: Mon-Wed 8a-4p; Thurs 8a-5p; Fri 8a-6p; Sat 8a-12p
Lobby:     Mon-Wed 9a-4p; Thurs 9a-5p; Fri 9a-6p;  Sat 9a-12p

Bristol, 576 Metacom Ave

Cranston, 40 Sockanosset Cross Rd

Cranston, 96 Independence Way/Plainfield Pike

Cumberland, 1855 Mendon Rd

East Greenwich, 5661 Post Rd

East Providence, 339 Newport Ave

East Providence, 660 Warren Ave

North Kingstown, 221 Tower Hill Rd

North Providence, 1617 Mineral Spring Rd

Pawtucket, 1200 Central Ave

Pawtucket, 540 Broadway
Drive-Up: 8a-3p Mon-Fri
Lobby: 9a-3p Mon-Fri

Pawtucket 727 Central Ave

Pawtucket, 571 Smithfield Ave

Smithfield, 379 Putnam Pike

Warwick, 3319 Post Rd/Apponaug Village

Warwick, 405 Warwick Ave

April 27, 2020
4:00 p.m.

UPDATE: Paycheck Protection Program (PPP) Round 2

The SBA released its second round of PPP funding as of 10:30 this morning.  Heavy application volume has impacted the availability and processing capability of the SBA website.  We continue to make every effort to assist our members and other small businesses as we’re able.

April 16, 2020
5:00 p.m.

UPDATE: Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL)

We’ve recently learned that PPP and EDIL funding has been fully subscribed and the SBA has temporarily shut off the application process. However, we expect that there will be additional rounds of funding and will advise as soon as we learn more.

SBA Economic Injury Disaster Loan

In response to COVID-19, small business owners are eligible to apply to the Small Business Administration (SBA) for an Economic Injury Disaster Loan (EIDL) of up to $10,000. Funds are typically made available within three business days of SBA approval. (Time from application to approval appears to be taking more than a week currently due to high volume.) Business owners apply online directly with the SBA at https://covid19relief.sba.gov/#/

Paycheck Protection Program (PPP)

The PPP provides small businesses with a forgivable loan to pay up to 8 weeks of payroll costs including benefits, as well as interest on mortgages, rent, and utilities. This loan has a term of 2 years at an interest rate of 1%, and repayments will be deferred for six months. At least 75% of the loan must be used for payroll in order for the entire amount to be forgiven. No collateral or personal guarantees are required, and neither the government nor the lender will charge any fees. Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels, and will be reduced if full-time headcount declines, or if salaries and wages decrease.

This program is available through existing SBA certified lenders such as Pawtucket Credit Union. However, due to high inquiry volume we are only able to assist PCU members currently in our pipeline. We hope to re-open the application process to both members and non-members again in the near future.

An easy to understand PPP fact sheet may be found on the U.S. Treasury website at https://home.treasury.gov/system/files/136/PPP–Fact-Sheet.pdf

More information on PPP and additional SBA relief options may be found on the SBA website at https://www.sba.gov/funding-programs/loans/coronavirus-relief-options