The People's Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.00% | Reward Checking | 2.12% - National Average |
| 0.75% | Reward Savings | 0.99% - National Average |
| 2.02% | 1-year CD |
The People's Federal Credit Union is headquartered in Amarillo and is the 90th largest credit union in the state of Texas. It is also the 1,113th largest credit union in the nation. It was established in 1953 and as of September of 2018, it had grown to 56 employees and 21,710 members at 5 locations. The People's Federal Credit Union's CD rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
The People’s Federal Credit Union is open to the following: (1) those who reside in, work or worship in the cities of Childress, Canyon, Hereford, areas of Amarillo, and Deaf Smith County or (2) family members with existing accounts. Membership is also open to those who are current or previous employees, of companies we serve.
See current membership details
TPFCU: The People's Federal Credit Union
This local credit union was founded primarily to serve employees of the Pantex Plant and their family members. There are 2 branches in Amarillo and one at the plant. I've used them for several years now. Their tellers are very good. Customer service personnel tend to come and go but have always been unfailingly efficient and knowledgeable. They experienced a data breach a few years ago, and some account holders were victimized, but the institution detected the problem and restored all funds quickly. They don't have many ATMs locally, but on the other hand fees are very low and this seems to be the main thing for members.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8290 |
| Year Chartered | 1953 |
| Employees | 56 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.18% |
| Return on Equity - YTD | -2.26% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $182.7MM$181.4MM |
| Loans | Q3 2018vs Q3 2017 | $109.0MM$100.3MM |
| Deposits | Q3 2018vs Q3 2017 | $167.0MM$165.3MM |
| Equity Capital | Q3 2018vs Q3 2017 | $14.7MM$15.0MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $581.00K$85.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $961.00K$1.4MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not The People's Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The People's Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $20k* | - | IRA Account | ||
| OTHER TIERS: 0.50% → $100 - $10k | 0.65% → $10k - $20k | |||||
| 0.75%* | - | $10k | Kasasa Saver | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
| 0.50%* | $10k* | - | Share Savings Account | ||
| OTHER TIERS: 0.35% → $25 - $5k | 0.45% → $5k - $10k | |||||
| 0.50%* | $10k* | - | Club Account | ||
| OTHER TIERS: 0.35% → $25 - $5k | 0.45% → $5k - $10k | |||||
| 0.50%* | $10k* | - | Kirby Kangaroo Kids Accounts | ||
| OTHER TIERS: 0.35% → $5 - $5k | 0.45% → $5k - $10k | |||||
The People's Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $10k | Kasasa Cash Checking | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
The People's Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.27% | $5k | - | 24 Month CD | |
| 2.02% | $5k | - | 12 Month CD | |
| 1.51% | $5k | - | 6 Month CD |
The People's Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.27% | $5k | - | 12 Month IRA |
| The People's Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 7200 Hillside Rd | Amarillo, TX 79109-7460 |
| Branch Office | FM 2373 US Hwy 60 | Amarillo, TX 79120 |
| Branch Office | 120 Hunsley Rd | Canyon, TX 79015-1730 |
| Branch Office | 3601 SW 15th Ave | Amarillo, TX 79102-2033 |
| Branch Office | 423 N Main St | Childress, TX 79201 |