Rates Effective as of January 23rd, 2023
Rates are subject to change without notice.

Call (401) 781-1020 for the latest update

Savings & Checking Rates

Savings Rates
  Minimum Annual
Rate
Annual %
Yield
Basic Share Account $5.00 .15% .15%
E-Share Account $5.00 .25% .25%
Holiday Club $5.00 .15% .15%
Vacation Club $5.00 .15% .15%
E Savings      
$2,000 - $9,999 $5.00 .25% .25%
$10,000 - $24,999 $5.00 .30% .30%
$25,000 - $49,999 $5.00 .35% .35%
$50,000 and over $5.00 .40% .40%
IRA Share Account $5.00 .15% .15%
Roth IRA $5.00 .15% .15%
Educational IRA $5.00 .15% .15%
       
Checking Rates
  Minimum Annual
Rate
Annual %
Yield
Select Checking $5.00 .10% .10%
Classic Checking $5.00 .10% .10%
Navigator Checking      
$0 - $10,000 $5.00 .15% .15%
$10,000 - $24,999.99 $5.00 .20% .20%
$25,000 - $49,999.99 $5.00 .25% .25%
$50,000 or greater
$5.00 .30% .30%
       
Preferred Business Checking Rates
     
  Minimum Annual
Rate
Annual %
Yield
$10,000 - $24,999.99 $5.00 .15% .15%
$25,000 - $99,999.99 $5.00 .25% .25%
$100,000 or greater $5.00 .35% .35%
       
Certificate/IRA Rates
  Minimum Annual
Rate
Annual %
Yield
3 Month Certificate  $2,500  .25%  .25%
6 Month Certificate $2,500 .25% .25%
9 Month Certificate
$2,500 .30% .30%
12 Month Certificate $1,000 1.00% 1.00%
14 Month Certificate Special $1,000 3.50% 3.56%
15 Month Certificate
$1,000 .40% .40%
18 Month Certificate
$1,000 2.50% 2.53%
24 Month Certificate
*Bump up
$2,500 4.00% 4.07%
36 Month Certificate 
$1,000 2.75% 2.78%
48 Month Certificate
$1,000 2.75% 2.78%
60 Month Certificate
$1,000 2.75% 2.78%

*Bump Up Option to increase your rate to the current rate of the same product once for the remainder of the original term. 


Loan Rates

Consumer Loans
Description Term Annual Percentage Rate
New Auto Rates:* 3 Years 4.99%
  4 Years 5.24%
  5 Years 5.49%
6 Years 5.74%
7 Years 6.24%
Used Auto Rates:*    
Models 2019 - 2022 3 Years 5.49%
4 Years 5.74%
5 Years 5.99%
6 Years 5.99%
Models 2016 - 2018 3 Years 5.99%
4 Years 6.24%
5 Years 6.24%
Used Auto Prior to 2016 3 Years 6.24%
4 Years 6.49%
   
Motorcycle/Scooters New* 4 Years  6.50%
  5 Years 6.95%
Motorcycle/Scooters Used* 3 Years  6.75%
  4 Years  7.50%
Personal Loan* 1 Year 10.99%
2 Years 10.99%
3 Years 10.99%
4 years 10.99%

5 years

11.99%

Share/Certificate   Current Share
Rate + 3.00%
RV New* up to 7 Years  9.50%
RV Used*  up to 7 Years  10.00% 
Boats New* up to 7 Years 7.99%
Boats Used* up to 7 years   7.99%
     
Cash Reserve/Checking Overdraft   12.00%
Visa Card-No Annual Fee  

11.99%

Description Term Annual Percentage Rate
       

Home Equity Line of Credit***

Minimum Balance
25,000
Prime - .75%  
   

Fixed Rate Home Equity*|**

1-5 Years 5.99%  
6-10 Years 6.25%  
11-15 Years 6.50%  
16-20 Years 6.75%  

SPECIAL Optimizer Loan****

Max 12 Years 5.75%  
100% Home Equity Loan*|** 1-5 Years 7.49%
  6-10 Years 7.75%
  11-15 Years 8.00%
  16-20 Years 8.25%
   

Effective January 23rd, 2023

* Rate will be determined by individual creditworthiness.  Rates advertised are the lowest rates available. Rates may be higher based on loan term and credit score.
** Personal Mortgage Insurance is required with LTV above 80%.
*** 5-year draw period: Variable rate is 0.75% below the Wall Street Prime Rate, or 6.75% APR, whichever is higher.
**** Optimizer: 5.75% APR available for qualifying properties, first lien position equity, with a loan-to-value (LTV) of 80% or less, And a maximum repayment period of 144 months. Advertised APR is the lowest available for credit scores of 740 and above. Other rates and terms are available.

Credit life and credit disability insurance may be available.

Wall Street Prime Rate as of December 15, 2022 is 7.50%

 

 

Wave FCU Main Branch

Address: 480 Greenwich Ave, Warwick, RI 02886

Phone: (401) 781-1020
Fax: (401) 562-1290

Warwick Avenue Branch

Address: 1217 Warwick Ave, Warwick, RI 02888

Phone: (401) 463-9574
Fax: (401) 563-7050

 

MEMBER SUPPORT


If you need additional information or just want to give us feedback, please feel free to contact us.

 

BUSINESS HOURS

MAIN BRANCH
LOBBY HOURS
Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

Drive Up Opens
M-F: 8am / Sat: 9am

WARWICK AVENUE BRANCH
LOBBY HOURS
Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

Drive Up Opens
M-F: 8am / Sat: 9am

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