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 1,121st largest credit union in the nation. It was established in 1953 and as of March of 2021, it had grown to 57 employees and 23,024 members at 5 locations. The People's Federal Credit Union has an A health rating.
Field of Membership Restrictions
The People’s Federal Credit Union is open to anyone who lives, works, or worships in Canyon City, or the counties of Childress, parts of Amarillo, Hereford, or Deafsmith.
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 Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8290 |
| Year Chartered | 1953 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 6.8% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $234.0MM$197.8MM |
| Loans | Q1 2021vs Q1 2020 | $123.5MM$112.8MM |
| Deposits | Q1 2021vs Q1 2020 | $216.9MM$180.7MM |
| Equity Capital | Q1 2021vs Q1 2020 | $15.5MM$16.0MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $586.00K$486.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $689.00K$1.2MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |