First Carolina People's Credit Union
Overview / Commentary
First Carolina People's Credit Union is headquartered in GOLDSBORO and is the 40th largest credit union in the state of North Carolina. It is also the 2,716th largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 9 employees and 2,269 members at 1 location. First Carolina People's Credit Union has a C health rating.
Field of Membership Restrictions
First Carolina People's Credit Union offers membership to businesses and people who live, work, worship, or attend school in the North Carolina counties of Johnston, Wake or Wayne.
See current membership details
Health
C
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. First Carolina People's Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62673 |
| Year Chartered | 1952 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.67% |
| Return on Equity - YTD | -7.99% |
| Annual Interest Income | $494K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $36.6MM$35.9MM |
| Loans | Q1 2025vs Q1 2024 | $28MM$27.1MM |
| Deposits | Q1 2025vs Q1 2024 | $33.3MM$32.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.1MM$3.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $356K$430K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $849K$478K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$105K |