Sep, 30, 2025 — PEOPLE'S CREDIT UNION is a federally insured state chartered credit union headquartered in RAYNE, LA with 1 branch location and about $24.02 million in total assets. Opened 84 years ago in 1942, PEOPLE'S CREDIT UNION has about 3,739 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PEOPLE'S CREDIT UNION |
|---|---|
| Address: (Main Office) | 904 E TEXAS AVE RAYNE, LA 70578 |
| Phone: | (337) 393-2495 |
| Fax: | (337) 393-2492 |
| Website: | https://www.peoplescu.info |
| Branches: | 1 branch locations |
| Members: | 3,739 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62564 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Oct 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,023,459 |
| CEO/Manager: | Tina M Simon |
| Chairperson: | Jeffrey Bouillion |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,707,035 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 397,144 |
| Unsecured Loans | 814,372 |
| Other Loans | 9,108,327 |
| TOTAL LOANS | 10,319,843 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,996 |
| Land And Building | 1,064,521 |
| Other Fixed Assets | 107,547 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 185,254 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,023,459 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 34,809 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 46,552 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,317,246 |
| Regular shares | 15,653,345 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 18,970,591 |
| TOTAL LIABILITIES | 19,051,952 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,971,507 |
| TOTAL EQUITY | 4,971,507 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,023,459 |
| INCOME & EXPENSE | |
| Loan Income | 539,681 |
| Investment Income | 283,937 |
| Other Income | 58,066 |
| Total Employee Compensation & Benefits | 200,098 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 453,302 |
| Non-operating Income & (Expense) | 5,685 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 80,000 |
| Cost of Funds | 100,335 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 182,016 |
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