Community Currents

Wave sends students back to school "equipped!"

backtoschoolDuring the summer, Wave sponsored a Back to School Drive at its local offices. The drive collected over $350 in school supplies and financial support to help send kids from the RI Family Shelter back to school ready to learn. Tables were set up at each Wave office where supplies were dropped off during regular Credit Union hours. In addition there were collection boxes to encourage financial contributions. Thanks to all who helped make this year's drive another successful event for the Shelter.


Just Ducky...Wave doubles Pawcatuck River Duck Race winnings in gift to Greater Westerly-Pawcatuck Area Chamber of Commerce.

donationOne of the major fundraisers in the Westerly area is the Pawcatuck River Duck Race. Numbered plastic ducks (approximately 20,000) are sold and the ducks are dumped ceremoniously into the Pawcatuck River for a race to the finish line. Proceeds from the race benefit the Greater Westerly-Pawcatuck Area Chamber of Commerce as well as dozens of local schools and non-profits, which sell ducks to raise money for their organizations.

Wave purchased a "corporate" duck and "rode the Wave" to win the $1,500 first prize in that category. It then doubled the amount and returned it to the Chamber, along with monies collected during a special branch "Bring Back the Beach" drive.


Wave benefits local animal shelters

shelterdonation During the winter months, Wave employees, members and friends contributed over $800 in cash and donated items to benefit the West Warwick Animal Shelter, the Pawtucket Animal shelter and the Westerly Animal Shelter.

Contributions of paper towels, bleach, Purina Cat Chow, kitty litter, Pedigree dry dog food, canned dog food, Friskies, mop heads, rawhide bones and cat toys were assembled and turned over to the respective shelters.


Bring Back the Beach!

bringbackbeachWesterly's seven-mile Misquamicut Beach area was severly impacted by the effects of Super Storm Sandy. Now the Greater Westerly Chamber Foundation has launched a drive to help businesses fix damage not covered by insurance, make repairs at the Westerly town beach and conduct other cleanup projects. In addition to making a monetary contribution to the cause, our Westerly Office will be helping to raise funds via cash donation boxes. You can also obtain a form with which to order special "bring back the beach" T-shirts.


Holiday Lights!

Thanks to the generous support of members, employees and friends, Wave was again this year able to light up the lives of those less fortunate. Giving trees in the branches were decorated with gift tags for over 135 gifts bearing the names, ages and gift requests of over 45 children residing at the shelter, at St. Edwards Church in Pawtucket and the Westerly Johnnycake Center.givingtree2012


2012 Food Drive

Our traditional holiday food drive contributed over $2,000 in paper goods, cleaning products, non-perishable food, turkeys and more in support of the Rhode Island Family Shelter.fooddrive2012



Thanks to all who participated bloodcenterin our recent blood drive at Wave's Corporate Headquarters. The turnout was excellent and the results much appreciated by the Rhode Island Blood Center. Summer is typically a slow time for blood donations so thanks again!


CU4 Reality Financial Education Fair Sponsored by Wave

For the second year in a row, students from Warwick, RI's Toll Gate High School participated in a CU4 Reality Financial Literacy Fair sponsored by Wave and held at the Radisson Hotel Providence Airport. During the Fair, students interacted with Wave representatives and area businesses as consumers with a career and monthly salary. The Fair allowed students to apply the knowledge they gained during the school year on managing their personal finances and budgeting. They experienced firsthand the realities of making ends meet monthly for expenses such as food, clothing, housing, utilities, transportation and other consumer temptations. As a result they gained a better understanding of the importance of making wise financial decisions.


Also at the fair, Warwick, RI Mayor Scott Avidesian presented a proclamation to Wave and Toll Gate High school celebrating Toll Gate High School Financial Literacy Day in Warwick.





Supporting the West Warwick Animal Shelter

Wave employees, members and friends recently contributed over $1,000 in cash and donated items to benefit the West Warwick Animal Shelter.


rescue3 The Shelter was severely damaged during last year's flooding and work is ongoing to provide a safe environment for displaced pets. Once the paper towels, bleach, Purina Cat Chow, kitty litter and other supplies were assembled, Shelter volunteers, accompanied by Channelle, arrived to cart the items away. Channelle is a six-month old pit bull/boxer in need of a home.


Thanks to all!

Again this year thanks to all our members, friends and employees for making our holiday food drive a great success. Canned goods, toiletries, infant supplies and Thanksgiving food plus cash donations were delivered to the Rhode Island Family Shelter.


Rhode to Success Summit

mtgshow322Wave was a participant at the recent Rhode to Success Summit which brought together nearly 600 real estate agents from around the Ocean State and throughout Southern New England for a day filled with valuable content, practical information and useful marketing insights.


Special Olympics RI

Wave was front and center at the 2011 Summer Special Olympics, held annually at the University of Rhode Island’s Ryan Center. The event offered numerous sports in which adults and children with intellectual disabilities competed. 1,500 athletes along with 500 coaches and 2,000 family members and friends gathered in an atmosphere of understanding and fun. In addition, our May candy bar drive to benefit Special Olympics RI was a nice success. Many thanks to those who helped support this great organization.

Left to right: Carol Felingiere, Marie Morrell, Paul Archambault and Dominica Hernandez were four of the many Wave volunteers who turned out to assist in the Summer Special Olympics.


Wave Presents Home Buyer Expo


Attendees from around the state took part in Wave’s second annual Home Buyer Expo held recently at the Credit Union’s headquarters. The Expo consisted of 30-minute group discussions on the half-hour from experts covering the topics of qualifying for a mortgage in today’s world, credit and credit scoring and closing costs and title insurance. In addition there were a number of exhibits including a special real estate area where topics such as affording your new home, first time home buying, selling your home and RI Housing were discussed. Other exhibits covered cover credit, closing facts and figures, inspections, appraisals and homeowner’s insurance.

If you are looking to buy a home and would like an information package from the Expo, please call Pier-Mari Toledo at (401) 562-1238 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it


A Wonderful Holiday Giving Program



The Holiday Giving event has become an integral part of our overall giving program and consists of two distinct elements: (a) Thanksgiving food drive; and (b) Holiday Giving Tree.

Because Wave has offices in both Warwick, RI and Pawtucket, RI, we make sure that our programs serve both areas. Accordingly, our three Warwick Offices support the RI Family Shelter while the Pawtucket Office supports St. Edwards Church in Pawtucket.

This year more than $2,000 in non-perishable food, paper goods, cleaning supplies and gift certificates for turkeys was collected for the food drives. This exceeded last year’s goal by over 20%.

Our Giving Trees were decorated with gift tags bearing the name, age and gift request of a child either residing or having formerly resided at the shelter, or a member of St. Edward’s. Thanks to the generous outpouring of employees, members and friends, we were able to make the holidays a little happier for kids, including a special Christmas party at the RI Family Shelter.


Thanks, Santa!


Santa made his annual visit to Wave arriving right on schedule December 18. More than 45 kids visited with Santa, had their picture taken with him and took home some treats. As usual, it was hard to tell who had more fun…the adults or the children. Special thanks to our own Santa Roy Zbyr for another great performance.


Wave in the Classroom

pierinclassroomaAs part of our financial literacy program, Wave has developed partnerships with Toll Gate High School and Winman Junior High School, both in Warwick, RI, to teach the students how to effectively manage their personal finances. Seventy-five Toll Gate students meet with Wave representatives on a monthly basis to review topics such as careers, savings, checking/debit cards, financial planning, credit and loans, budgeting and other important financial matters. At Winman there are over two hundred and fifty students learning banking basics through quarterly workshops presented by the credit union. The response to this program has been very positive, and we hope to expand it to other area schools in the future.


Wave Presents Identity Theft Workshop at Warwick Pilgrim Senior Center

As part of a 3-part “Out from Under” series celebrating Senior Center Month at the Pilgrim Senior Center, Warwick, Wave recently presented a comprehensive Identity Theft Workshop. It offered valuable tips as well as a folder with helpful forms, brochures and checklists. The workshop drew quite the crowd of interested Senior Center members and guests.

Paul Archambault, Wave Federal Credit Union President and CEO kicks off Wave’s recent Identity Theft Workshop at Pilgrim Senior Center.