Peopleschoice Credit Union

P. Bo Box 463
Biddeford, ME 04005
(207) 284-2448
www.peopleschoicecreditunion.com

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Peopleschoice Credit Union is headquartered in Biddeford and is the 16^st largest credit union in the state of Maine. It is also the 1,159^th largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 40 employees and 14,299 members. Peopleschoice Credit Union has a 4-star health rating.

5.50% 9-Month CD at a Maine CU (PeoplesChoice) - 5/25/2007

PeoplesChoice Credit Union is offering a special 5.50% APY 9-month term share certificate. The minimum deposit is $500.Field of membership includes those who live, work or attend school in York County, Maine. See site for details. Membership requires a...

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See Rates for: Checking | Savings | Money Market | CD

Peopleschoice Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.20%	$25k	-	Money Market Checking

Peopleschoice Credit Union Savings Account Rates

Apy	Min	Max	Product
0.20%	$25	-	IRA Account
0.20%	$25	-	Health Saving Account
0.10%	$25	-	Club Account
0.10%	$25	-	Escrow Account
0.10%	$25	-	Share (Savings)

Peopleschoice Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.40%	$250k	-	Money Market

Peopleschoice Credit Union CD Rates

Apy	Min	Max	Product
2.12%	$500	-	75 Month CD Special
1.81%	$75k	-	60 Month CD
1.41%	$75k	-	48 Month CD
1.11%	$75k	-	36 Month CD
0.95%	$75k	-	24 Month CD
0.70%	$75k	-	18 Month CD
0.55%	$75k	-	12 Month CD
0.40%	$75k	-	6 Month CD
0.30%	$75k	-	3 Month CD

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

PEOPLESCHOICE
NCUA #	68442
BankRate Report	View
Year Chartered	1963
Employees	40
Primary Regulator
Assets and Liabilities
Assets	$134.29 million
Loans	$85.51 million
Deposits	$116.68 million
Equity Capital	$12.19 million
Loan Loss Allowance	$549,000
Unbacked Noncurrent Loans	$1.81 million
Historic Data - December 2010
Assets	$120.81 million
Equity Capital	$11.61 million
Loan Loss Allowance	$683,000
Unbacked Noncurrent Loans	$1.95 million
Real Estate Owned	$210,000
Profit Margin - Quarterly
Net Interest Margin	4.17%
Return on Assets	0.3%
Return on Equity	3.28%
Interest Income	$5.23 million
Non-Interest Income	$1.82 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
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, 2011 Peopleschoice Credit Union had $1.81 million in non-current loans and owned real-estate with $12.74 million in equity and loan loss allowances on hand to cover it. This gives Peopleschoice Credit Union a Texas Ratio of 14.19% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Peopleschoice Credit Union decreased slightly from 17.52% as of December 31, 2010 to 14.19% as of December 31, 2011, resulting in a positive change of 19.01%.This indicates that the balance sheet and financial strength for Peopleschoice Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Peopleschoice Credit Union has increased its total deposits by $10.58 million, resulting in 9.97% 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 Peopleschoice Credit Union has shown is excellent.
Capitalization
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. Peopleschoice Credit Union has $134.29 million in assets with $12.74 million in equity, resulting in a capitalization level of 9.49%, which is average.