Overview / Commentary
Peoples Credit Union is headquartered in Webster City and is the 32nd largest credit union in the state of Iowa. It is also the 2,041st largest credit union in the nation. It was established in 1962 and as of June of 2022, it had grown to 20 employees and 9,134 members at 3 locations. Peoples Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Peoples Credit Union is open to those who live, work, or worship in the Iowa counties of Franklin, Boone, Calhoun, Greene, Humboldt, Hamilton, Hardin, Pocahontas, Story, Webster, or Wright.
See current membership details
Health
A
Data as of Q2 2022
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 has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64140 |
| Year Chartered | 1962 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 9.22% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $82.6MM$78.3MM |
| Loans | Q2 2022vs Q2 2021 | $57.5MM$57.8MM |
| Deposits | Q2 2022vs Q2 2021 | $72.0MM$68.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $9.6MM$9.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $460.00K$581.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $768.00K$678.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$71.00K |