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 1,098th largest credit union in the nation. It was established in 1953 and as of June of 2019, it had grown to 57 employees and 22,203 members at 5 locations. The People's Federal Credit Union's CD rates are 90% higher than 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 Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8290 |
| Year Chartered | 1953 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 4.44% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $191.8MM$184.4MM |
| Loans | Q2 2019vs Q2 2018 | $110.0MM$107.5MM |
| Deposits | Q2 2019vs Q2 2018 | $174.8MM$168.5MM |
| Equity Capital | Q2 2019vs Q2 2018 | $15.5MM$14.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $597.00K$621.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.1MM$1.1MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $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
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 |
|---|---|---|---|---|
| 1.95% | $5k | - | 24 Month CD | |
| 1.71% | $5k | - | 12 Month CD | |
| 1.25% | $5k | - | 6 Month CD |
The People's Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.96% | $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 |