Overview / Commentary
Peoples Credit Union (CO) is headquartered in Springfield and is the 42nd largest credit union in the state of Colorado. It is also the 2,175th largest credit union in the nation. It was established in 1956 and as of September of 2024, it had grown to 17 employees and 3,598 members at 2 locations. Peoples Credit Union (CO)'s CD rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Peoples Credit Union is open to the residents of the Colorado counties of Baca, Bent, Las Animas, Morton, Otero, Prowers, and Stanton.
See current membership details
Health
A
Data as of Q3 2024
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. Peoples Credit Union (CO) has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66155 |
| Year Chartered | 1956 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.08% |
| Return on Equity - YTD | 0.44% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $67.1MM$63.9MM |
| Loans | Q3 2024vs Q3 2023 | $54.9MM$52MM |
| Deposits | Q3 2024vs Q3 2023 | $54MM$51.2MM |
| Equity Capital | Q3 2024vs Q3 2023 | $12.7MM$12.4MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $655K$502K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $14K$691K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |