Sep, 30, 2025 — PEOPLES CREDIT UNION is a federally insured state chartered credit union headquartered in WEBSTER CITY, IA with 3 branch locations and about $90.85 million in total assets. Opened 64 years ago in 1962, PEOPLES CREDIT UNION has about 6,501 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PEOPLES CREDIT UNION |
|---|---|
| Address: (Main Office) | 310 1st ST WEBSTER CITY, IA 50595-2337 |
| Phone: | (515) 832-6346 |
| Fax: | (515) 832-4877 |
| Website: | https://www.peoples-credit-union.com |
| Branches: | 3 branch locations |
| Members: | 6,501 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64140 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $90,850,854 |
| CEO/Manager: | Jordan L Hensley |
| Chairperson: | Jim Hay |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,486,530 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 24,147,661 |
| Unsecured Loans | 1,154,253 |
| Other Loans | 35,318,831 |
| TOTAL LOANS | 60,620,745 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,519,098 |
| Land And Building | 6,524,464 |
| Other Fixed Assets | 332,021 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 750,202 |
| All Other Assets | 0 |
| TOTAL ASSETS | 90,850,854 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 250,563 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 539,528 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,456,333 |
| Regular shares | 16,334,747 |
| All Other Shares & Deposits | 50,691,154 |
| TOTAL SHARES & DEPOSITS | 80,482,234 |
| TOTAL LIABILITIES | 81,272,325 |
| Regular Reserve | 0 |
| Other Reserves | 5,171,197 |
| Undivided Earnings | 4,407,332 |
| TOTAL EQUITY | 9,578,529 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 90,850,854 |
| INCOME & EXPENSE | |
| Loan Income | 3,311,622 |
| Investment Income | 668,815 |
| Other Income | 858,116 |
| Total Employee Compensation & Benefits | 1,215,015 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,467,859 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 764,538 |
| Cost of Funds | 1,290,485 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 100,656 |
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