Home Industries Financial Services Strong ratings for banks, credit unions

Strong ratings for banks, credit unions

IMPROVED PERFORMANCE: Stephen J. White, president and CEO of Westerly Community Credit Union, said the credit union’s net worth has improved since 2011 and it has had “very low delinquency” on loans in recent years.
 / PBN PHOTO/MICHAEL SALERNO
IMPROVED PERFORMANCE: Stephen J. White, president and CEO of Westerly Community Credit Union, said the credit union’s net worth has improved since 2011 and it has had “very low delinquency” on loans in recent years.
 / PBN PHOTO/MICHAEL SALERNO

Looking down the federal government’s list of failed banks since 2000, it’s hard to believe there was ever a banking crisis in New England or, for that matter, in Rhode Island. During the 19-year period from 2000 through 2018, 554 banks across the nation failed. Only four of them were in New England, with none

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