Wave Federal Community Credit Union

We remain open for business. We continue to temporarily limit our lobby access to appointment only for everyone’s safety. I want to thank everyone for your patience and let you know we are working as diligently as possible. If you have suffered a loss of income and have concerns, please call us so we can help you through these difficult times. Your deposits remain federally insured by the National Credit Union Association (NCUA).

Please click here for all COVID-19 information


Whether looking for a first mortgage or to refinance, a new or used auto loan, student loan, home equity loan, personal or signature loan or whatever, you’ll find it at Wave. But we don’t stop there. Add disability and life insurance. Choose a weekly, bi-weekly or monthly repayment option for an even greater payback on most loans. Select low-cost GAP Coverage for that auto, cycle or RV. You can also borrow on the value of your Share, certificate or savings account at a rate of 3% over the existing rate you’re earning on your deposit account. And with your Wave Navigator Checking Account you can take an additional ¼% consumer loan discount. It’s easy to apply for your loan and you’ll have an answer in practically no time.

Why wait? If you have longed for that new car, a home improvement, vacation, or would simply like to pay off some high interest credit cards or retail loans, apply today!

Auto/Recreational Vehicle Loans
Personal/Pledge Loans
Student Loans
Wave Visa Platinum Card Credit Union Platinum Visa
Home Equity Loans

Consumer Loans

Auto/Recreational Vehicle Loans…"lots" of options

For work or play, new or used, Wave auto/cycle/RV or boat loans are the answer. They are available with 100% financing and flexible repayment terms. You can also purchase GAP (Guaranteed Asset Protection) coverage at a cost considerably less than what you’d pay at your dealer. These are two more “Special Added Benefits” to your Wave membership.

Other "special" benefits? Make a weekly or bi-weekly repayment for an even faster payback on your loan.

To apply simply provide a purchase and sales agreement, verification of income (i.e. pay stubs, W-2, tax returns) and an insurance binder and we’ll have you on your way in no time!

Personal/Pledge Loans…sign on the dotted line

Personal and signature loans are simple, fast ways to borrow. You may be thinking of new appliances. New furniture. A special vacation. A sound system in the rec room. Bill consolidation. The possibilities are endless.

Personal Loan – With this unsecured loan, a short application and proof of income is all it takes to get you on your way. Choose amounts and terms to fit your requirements.

Pledge Loans – These loans are secured by your savings, share or CD balance, up to 90% of the total amount. And all it takes is your signature. Then you pay only 3% over the rate earned on your deposit account upon which it is based. There is no waiting. It’s that simple.

Sallie Mae's Smart Option Student Loan

For college expenses not covered by scholarships and federal loans, Wave Federal Credit Union has partnered with Sallie Mae to bring you loans with great repayment options and competitive rates.

Click here to apply and learn more details.

Credit Union Visa

Our VISA card has all the benefits of a gold card.

  • No annual fee
  • Low 11.99% fixed rate
  • Travel-accident insurance
  • Same low rate for cash advance and purchases
  • You can transfer your balances from other cards to your Credit Union VISA at no charge
  • Cash advance* Available at ATM machines with the VISA logo
  • Download an application

* NO cash advance transaction fee!

Home Equity Loans

Whether for a new kitchen or rec room, a vacation, education expenses, new car or for just about any purpose, a home equity loan can be the answer while also offering possible tax advantages.* Ours come with no points, no closing costs and no annual fees.** And, unlike many institutions that make you pay the old-fashioned way…monthly, or charge you a fee to pay more frequently, at Wave you can set up a weekly, bi-weekly or monthly payment plan. And you can change it at any time…without penalty. You can also choose to pay interest only or principal and interest.

So whether you are interested in a variable rate plan or a fixed rate plan, put it on the house and let us help design the right loan program for you. Applying is easy. Just bring in your verification of income, proof of ownership and an insurance binder and we’ll help with the rest. We can even provide a pre-approval within 24-hours.

Fixed Rate Home Equity Loans

Wave home equity loans have fixed rates, set monthly payments and no annual fees or closing costs.** They are ideal for borrowing a large amount at once and paying a pre-determined monthly amount.

Variable Rate Home Equity Lines

Wave variable rate home equity lines can be accessed by simply writing a check or transferring funds via Wavenet, Waveline or a simple telephone call. You pay only on the amount you use and at a rate based on the Prime Rate. You can also choose to pay interest only or principal and interest. There are no annual fees or closing costs.**

** Minimum borrowing requirements may apply

**You should consult your tax advisor or attorney regarding tax issues specific to your circumstances.

Mortgages – Purchase & Refinance

At Wave, whether you are buying or refinancing, you’re sure to find the ideal mortgage loan to suit your particular situation. With some of the best rates and terms around plus the personal, objective consultation to help you find just that right one.

Visit the RI Mortgage Zone for complete information.






Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

P: 401-781-1020