Anchor Federal's Mission Statement.

Anchor Federal Credit Union is committed to providing a wide variety of quality financial products and services, which will enable us to effectively meet the needs of our members in becoming their primary financial institution, while maintaining profitability and stability to safeguard members' deposits and equity.

What is a Credit Union?

Very simply, a credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to its members. Credit unions evolved from the simple idea that people could pool their money and make loans to each other. Credit unions are member-owned and controlled by the people who use them -- the members. Rather than paying stockholders, earnings flow back to members in the form of higher dividends, lower loan rates and fewer fees.

Safety & Soundness

All Anchor Federal share accounts are federally insured up to $100,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

Anchor Federal serves over 4,600 members, located primarily in Kent and Washington counties, and has over $28 million in assets. There are approximately 10,000 credit unions worldwide with over 79 million members.

Contact Information

Anchor Federal Credit Union 
35 Veterans Memorial Drive
Warwick, RI 02886
Phone: (401) 681-1080
Fax: (401) 681-1085
Email: info@AnchorFederal.org

Please note, the above email contact is not a secure link. Please do not send confidential or time sensitive information via this link.