PeoplesChoice Credit Union is headquartered in Saco and is the 12th largest credit union in the state of Maine. It is also the 959th largest credit union in the nation. It was established in 1963 and as of September of 2022, it had grown to 62 employees and 19,694 members at 4 locations. PeoplesChoice Credit Union has a B health rating.
Field of Membership Restrictions
PeoplesChoice Credit Union is open to anyone who lives, works, or goes to school in York or Cumberland County, Maine.
See current membership details
Rude To Long Time Customers
I’ve been banking here since I was 14 and up until a few months ago I’ve never had any issue. Brenda who works in the fraud department has some sort of immature vendetta because she doesn’t like to do her due diligence or her job correctly and uses her authority to belittle and talk down to clients. Ive never worked with someone so incompetent and rude. She likes to make up her own narratives in her head without again doing her due diligence. Bank anywhere else honestly. Brenda alone is enough of a reason for me to switch CU’s. Not worth the condescending attitude when there are way better people to give your money to.
Peopleschoice CU
I had been a member of PeoplesChoice CU since I was a kid. They used to be good to deal with but not anylonger. The CEO operates the credit union like a bank and just plain sucks! They operate more like a bank and I feel like a number. They are rude and I wouldnt recommend anyone join and do business with them.
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68442 |
| Year Chartered | 1963 |
| Employees | 62 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 15.19% |
| Annual Interest Income | $8.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $320.3MM$297.3MM |
| Loans | Q3 2022vs Q3 2021 | $211.2MM$174.8MM |
| Deposits | Q3 2022vs Q3 2021 | $303.7MM$272.1MM |
| Equity Capital | Q3 2022vs Q3 2021 | $14.9MM$20.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.1MM$1.5MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $2.0MM$1.3MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |