Cumberland Municipal Employees Credit Union2145 Diamond Hill Rd, Cumberland, RI · Main Office

Cumberland, RI
(401) 658-0010
NCUA Insured

About Cumberland Municipal Employees

This main office of Cumberland Municipal Employees is located at 2145 Diamond Hill Rd in Cumberland, Rhode Island, and can be reached at (401) 658-0010. Cumberland Municipal Employees is a federally insured financial cooperative serving the Cumberland, Rhode Island community. Established to provide a secure alternative to big banks, they focus on member service rather than profits. If you are comparing options, you can also browse other credit unions in Cumberland or review your personal loan options.

Not-for-Profit

Profits are returned to members via better rates & lower fees.

Community Focus

Local decision making and support for the Cumberland area.

This is the main headquarters location, managing all branch operations and member services for the institution.

Location & Branch Hours

Visit Branch

2145 Diamond Hill Rd

Cumberland, RI 02864-5135

Lobby Hours
Closed

The credit union lobby is currently closed.

Today: 9am-4pm

SundayClosed
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 4:00 PM
Friday9:00 AM - 4:00 PM
SaturdayClosed

Need Funds Before You Join?

How to Join

Membership at Cumberland Municipal Employees is typically open to individuals who live, work, worship, or attend school in Cumberland and surrounding areas.

Standard Requirements:

  • Valid Government ID (Driver's License, Passport)
  • Social Security Number (SSN)
  • Proof of Address (Utility bill, Lease)
  • Small opening deposit (Usually $5 - $25)

We recommend contacting the branch at (401) 658-0010 to confirm your eligibility before visiting.

Membership and underwriting can take time. If you need funds while your application is in progress, you can explore installment loans or, if your credit history is still developing, review loan options for bad credit.

Services and Loan Types

Like most credit unions, Cumberland Municipal Employees typically offers the following services. If you want to weigh these against online options, you can compare debt consolidation loans or, for those rebuilding their score, look at loans for fair credit:

Loans & Credit

  • Personal Loans: Unsecured loans for debt consolidation or emergencies.
  • Auto Loans: Financing for new and used vehicles.
  • Home Loans: Mortgages and Home Equity (HELOC).
  • Credit Cards: Low-rate Visa/Mastercard options.

Banking & Savings

  • Checking Accounts: Often free with no minimum balance.
  • Savings Accounts: Share accounts with dividends.
  • CDs & IRAs: Long-term savings options.
  • Online Banking: Mobile app and remote deposit.

Frequently Asked Questions

Is Cumberland Municipal Employees federally insured?

Yes, as a federally chartered or insured credit union, accounts are insured by the **NCUA (National Credit Union Administration)** up to $250,000. This offers the same level of protection as FDIC insurance at traditional banks.

Who can join this credit union?

Field of membership typically includes residents of Cumberland, employees of specific local companies, or family members of existing members. Contact the branch directly for the most current eligibility list.

Credit Unions Near Me in Other Rhode Island Cities

Looking for credit unions near me in other Rhode Island cities? Browse credit unions in nearby locations:

View all credit unions in Rhode Island

If Cumberland Municipal Employees Credit Union isn't the right fit

To borrow from Cumberland Municipal Employees Credit Union you generally need to qualify for membership and meet its lending criteria, and not every applicant is approved. If you don't qualify, need to compare rates, or want to review more options, you can connect with online lenders serving Rhode Island. Applying is quick, and funds may be available as soon as the next business day after approval.

Fast Fair Loans is not a lender, does not make credit decisions, and cannot guarantee loan approval or amount. Loans are not available in all states.