Sep, 30, 2025 — PEOPLES CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, CO with 2 branch locations and about $72.80 million in total assets. Opened 70 years ago in 1956, PEOPLES CREDIT UNION has about 3,627 members and employs 17 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) | 125 Main St SPRINGFIELD, CO 81073 |
| Phone: | (719) 523-6250 |
| Fax: | (719) 523-6857 |
| Website: | https://www.peoples-cu.com |
| Branches: | 2 branch locations |
| Members: | 3,627 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66155 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | May 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $72,801,282 |
| CEO/Manager: | Spencer Homsher |
| Chairperson: | Larkin Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,608,208 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 31,303,675 |
| Unsecured Loans | 1,373,131 |
| Other Loans | 24,164,205 |
| TOTAL LOANS | 57,240,018 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -574,076 |
| Land And Building | 1,270,307 |
| Other Fixed Assets | 272,016 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 548,668 |
| All Other Assets | 0 |
| TOTAL ASSETS | 72,801,282 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 248,315 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 156,991 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,985,600 |
| Regular shares | 12,405,613 |
| All Other Shares & Deposits | 38,262,938 |
| TOTAL SHARES & DEPOSITS | 58,654,151 |
| TOTAL LIABILITIES | 59,059,457 |
| Regular Reserve | 0 |
| Other Reserves | 70,759 |
| Undivided Earnings | 13,671,066 |
| TOTAL EQUITY | 13,741,825 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 72,801,282 |
| INCOME & EXPENSE | |
| Loan Income | 3,209,520 |
| Investment Income | 463,200 |
| Other Income | 52,011 |
| Total Employee Compensation & Benefits | 1,062,013 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 817,419 |
| Non-operating Income & (Expense) | 2 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,158,500 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 849,430 |
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