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Overview / Commentary
713-428-3200
P.O. Box 4511
Houston, TX 77210

People's Trust Credit Union is headquartered in HOUSTON and is the 41st largest credit union in the state of Texas. It is also the 489th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 86 employees and 25,858 members. People's Trust Credit Union has a B+ health rating.

Field of Membership Restrictions

a. Live, work, worship, or attend school in the Houston city limits b. Have a member of your immediate family or household that is currently a member of People’s Trust Federal Credit Union c. Work for a Select Employer Group - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 People's Trust Credit Union had $1.26 million in non-current loans and owned real-estate with $40.18 million in equity and loan loss allowances on hand to cover it. This gives People's Trust Credit Union a Texas Ratio of 3.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for People's Trust Credit Union decreased dramatically from 4.73% as of December 31, 2012 to 3.14% as of December 31, 2013, resulting in a positive change of 33.59%.This indicates that the balance sheet and financial strength for People's Trust Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, People's Trust Credit Union has increased its total deposits by $1.55 million, resulting in 0.39% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth People's Trust Credit Union has shown is above average.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. People's Trust Credit Union has $445.36 million in assets with $40.18 million in equity, resulting in a capitalization level of 9.02%, which is average.

Institution Statistics

Overall
NCUA #177
Year Chartered1935
Employees86
Primary Regulator
Assets and Liabilities
Assets$445.36 million
Loans$248.77 million
Deposits$404.61 million
Equity Capital$37.99 million
Loan Loss Allowance$2.20 million
Unbacked Noncurrent Loans$1.15 million
Real Estate Owned$108,000
Historic Data - December 2012
Assets$441.09 million
Equity Capital$36.83 million
Loan Loss Allowance$4.80 million
Unbacked Noncurrent Loans$1.15 million
Real Estate Owned$124,000
Profit Margin - Quarterly
Net Interest Margin4.4%
Return on Assets1.09%
Return on Equity12.73%
Interest Income$13.96 million
Rates

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People's Trust Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Roth IRA Contributory Savings
0.25%--Educational IRA Contributory Savings
0.25%--SEP IRA Contributory Savings
0.25%--Traditional IRA Contributory Savings
0.08%--Super Savings
0.02%--Christmas Club
0.01%--Access Savings

People's Trust Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.23%$100k-Premier Money Market
0.20%$100k-Gold Money Market
0.18%$100k-Classic Money Market

People's Trust Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Legacy Checking (ATM Package)
0.05%--Legacy Checking (High Interest)
0.02%$2,500-Premier Checking

People's Trust Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.80%$100k-60 Month Term Share
1.56%$100k-48 Month Term Share
1.07%$100k-36 Month Term Share
0.76%$100k-24 Month Term Share
0.69%$100k-18 Month Term Share
0.56%$100k-12 Month Term Share
0.22%$100k-9 Month Term Share
0.20%$100k-6 Month Term Share
0.18%$100k-3 Month Term Share

People's Trust Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.80%$100k-60 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
1.56%$100k-48 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
1.07%$100k-36 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.76%$100k-24 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.69%$100k-18 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.56%$100k-12 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.22%$100k-9 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.20%$100k-6 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
0.18%$100k-3 Month Conduit IRA Term Share (Traditional,Roth,SEP,CESA)
Locations


People's Trust Credit Union Locations
Branch Office200 N Dairy Ashford Rd LbbyHouston, TX 77079-1101
Branch Office650 W Bough Ln Ste 162Houston, TX 77024
Branch Office3333 Highway 6 S Ste EC-101Houston, TX 77082
Branch Office910 Louisiana StHouston, TX 77002
Branch Office3390 Sage RdHouston, TX 77056
Branch Office777 Walker St Ste 2400Houston, TX 77002