Skip to main content

btn online banking | btn join now

Wave’s First CEO Soak for ALS

Wave Federal Credit Union’s first CEO Soak for the ALS Association took place at the credit union’s main office in Warwick on July 19th and raised over $5,500.

Rhode Island ALS Association Chapter members
Before the Wave employees dump buckets of water on CEOs of the company
Wave employees dumping cold water buckets on CEOs of the company
Wave CEOs after the water buckets have been dumped on them
Wave CEOs with Wave branded towels to dry off from the soaking
Wave volunteers at the ALS CEO Soak Event
Wave CEOs with Rhode Island ALS Chapter

Wave Federal Credit Union’s first CEO Soak for the ALS Association took place at the credit union’s main office in Warwick on July 19th. We are very thankful for the outpouring of support that raised over $5,500 for the ALS Association. ALS is a neurodegenerative disease that causes people to lose their ability to walk, talk, eat and eventually breathe. The CEO Soak, inspired by the Ice Bucket Challenge of 2014, is hosted to raise awareness and donations toward treatments and a cure for ALS.

The community was invited to watch the credit union’s executive officers get soaked by two buckets of water, including Wave’s President and CEO; David P. Dupere, Vice President of Operations; Betty A. Pinheiro and Vice President of Lending; Elizabeth L. Zachow.

Thank you to everyone who helped make this such a fun event for a great cause. The success of our first CEO Soak could not have been possible without the generosity and continued support from our amazing members!

Check out our social media pages for more pictures and video from the CEO Soak!
- @WaveFCU

Recipients of our Annual Scholarship Program for 2023

Wave Federal Credit Union is pleased to announce the recipients of our Annual Scholarship Program for 2023: Raj Vishnu, Hannah Defeo, Emily Newton and Abigail McAllister. Each student received $1,000 to use towards their college expenses. Applicants were reviewed and evaluated based on their GPA and course load, volunteer activity, recommendation letter and written essay.

Wave’s President and CEO, David Dupere, is Raj, Hannah & Emily
Pictured with Wave’s President and CEO, David Dupere, is Raj, Hannah & Emily.
Pictured with Elizabeth Zachow, Wave’s Vice President of Lending, is Abigail.
Pictured with Elizabeth Zachow, Wave’s Vice President of Lending, is Abigail.

Thank you to everyone who submitted applications. We appreciate your hard work and dedication.
Congratulations!

Wave Fights the Darkness of Alzheimer's

Wave fights the darkness of alzheimers

To show support for Alzheimer's Awareness Month, Wave collected donations by selling paper "Forget Me Not" flowers and displayed them in the lobby throughout the month of June. Staff fought the darkness of ALZ on June 21st, "The Longest Day," by wearing purple to raise awareness. Donations raised for The ALZ Association go towards funding research into possible treatments and cures and also support people with Alzheimer's, their families and caregivers.  

2023 Financial Literacy Fair at Toll Gate Highschool

On May 24th Wave held its annual Financial Literacy Fair at Toll Gate Highschool.  Wave continues to give high school students a taste of real-life financial decisions they will make in their adult lives.  Throughout the year Wave conducts monthly sessions at Toll Gate High School in Warwick.  In these sessions the students select a career and with a realistic income for that career and learn about budgeting, savings, and making financial decisions.  Each year Wave sponsors a Financial Literacy Fair for the Toll Gate Students. At this fair the students interacted with local businesses as consumers and had to make many financial decisions that would impact them monthly. After visiting on all the businesses, the students then spoke with credit counselors who would review their financial decisions and calculate their monthly debt to income ratio to see how they did. In some cases, students were instructed to go back to some of the tables to re-evaluate their choices for something more affordable. Wave looks forward to this program and the fair ever year to assist in the financial health and education of the Toll Gate High School Students.

A large group of students working on their financial literacy papers

WAVE staff helping students fill out financial literacy paperwork

Student talking with WAVE administration team for their financial literacy paperwork

WAVE staff in a group photo

WAVE staff at their table booth

Winner of the Donald Staley Memorial Scholarship

Wave is pleased to announce the winner of this year’s 2023 Wave Scholarship Award and the Donald Staley Award. Congratulations to Sean Mullaney The winner of the Donald Staley Memorial Scholarship for $1,000.00.

Sean Mullaney with his scholarship check