First Peoples Community Federal Credit Union
First Peoples Community Federal Credit Union is headquartered in CUMBERLAND and is the 15th largest credit union in the state of Maryland. It is also the 672nd largest credit union in the nation. It was established in 1959 and as of December of 2022, it had grown to 138 employees and 32,706 members at 20 locations. First Peoples Community Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in First Peoples Community Federal Credit Union is open to those who live, work, worship, or attend school in Allegany, Garrett, or Washington Counties, Maryland; Bedford, Fulton, or Somerset Counties, Pennsylvania; or Hampshire, Mineral, or Morgan Counties, West Virginia.
See current membership details
Related Posts
10/26/10 - Top CD Rate Specials at First Peoples Community FCU in Parts of MD, PA & WV
3/24/09 - 3.00% 12-Month CD & 3.75% 39-Month CD at First Peoples Community FCU in MD, PA & WV
3/15/08 - 4.50% 27-Month / 4.40% 15-Month CD at a Maryland CU (First Peoples Community).
Very satisfied so far
First People's has become my new credit union after they bought out the one I was using before. They handled the transfer of accounts very well, with mailers welcoming me as a new customer. I've had some questions about the takeover and every time I call they've been able to answer my questions and any concerns I've had. Their online banking interface works very well and I've been quite happy with the number of branches available to me and their ATM services, which I mainly use after hours. I haven't needed to open a loan or use any other financial instrument but both my checking account and savings accounts transferred from my old credit union with no issues and other people who use First People's have told me that being a member helps when looking at loans.
In-Branch Visit Required To Open Account
The credit union's website says membership is limited to people who have a connection to certain areas of Maryland, Pennsylvania, or West Virginia; alternately, someone "can join our nonprofit partner association (Planting Roots Foundation) and immediately qualify!" Unfortunately, the website fails to mention that joining the credit union requires an in-person visit to a branch within that small tri-state area.
I spoke on the phone with two customer service representatives. Neither was familiar with the Planting Roots Foundation alternative, but they both knew that joining the credit union required a branch visit.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13345 |
| Year Chartered | 1959 |
| Employees | 138 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 4.01% |
| Annual Interest Income | $17.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $574.5MM$589.1MM |
| Loans | Q4 2022vs Q4 2021 | $401.0MM$384.2MM |
| Deposits | Q4 2022vs Q4 2021 | $506.5MM$507.3MM |
| Equity Capital | Q4 2022vs Q4 2021 | $57.1MM$62.9MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $5.1MM$5.4MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $2.2MM$2.4MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$946.00K |
