The People's Federal Credit Union
The People's Federal Credit Union is headquartered in Amarillo and is the 94th largest credit union in the state of Texas. It is also the 1,192nd largest credit union in the nation. It was established in 1953 and as of December of 2022, it had grown to 52 employees and 23,658 members at 5 locations. The People's Federal Credit Union has a B 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 Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8290 |
| Year Chartered | 1953 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 10.96% |
| Annual Interest Income | $6.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $220.3MM$232.2MM |
| Loans | Q4 2022vs Q4 2021 | $147.3MM$132.9MM |
| Deposits | Q4 2022vs Q4 2021 | $206.8MM$214.7MM |
| Equity Capital | Q4 2022vs Q4 2021 | $12.2MM$16.2MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $352.00K$445.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $927.00K$1.1MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |