PEOPLES CHOICE CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.peopleschoicecu.coop for more information.
Sep, 30, 2025 — PEOPLES CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in MEDFORD, WI with 2 branch locations and about $52.48 million in total assets. Opened 86 years ago in 1940, PEOPLES CHOICE CREDIT UNION has about 4,505 members and employs 18 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 CHOICE CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 567 MEDFORD, WI 54451 |
| Phone: | (715) 748-5303 |
| Fax: | (715) 748-5330 |
| Website: | https://www.peopleschoicecu.coop |
| Branches: | 2 branch locations |
| Members: | 4,505 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66786 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $52,475,886 |
| CEO/Manager: | Matthew S Schewe |
| Chairperson: | Thomas R Judnic |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,112,894 |
| TOTAL INVESTMENTS | 6,229,793 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,537,644 |
| Unsecured Loans | 339,112 |
| Other Loans | 8,987,946 |
| TOTAL LOANS | 28,864,702 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -523,607 |
| Land And Building | 785,080 |
| Other Fixed Assets | 198,616 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 430,718 |
| All Other Assets | 377,690 |
| TOTAL ASSETS | 52,475,886 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 488,797 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,669,775 |
| Regular shares | 15,823,027 |
| All Other Shares & Deposits | 26,126,171 |
| TOTAL SHARES & DEPOSITS | 49,618,973 |
| TOTAL LIABILITIES | 50,107,770 |
| Regular Reserve | 1,007,758 |
| Other Reserves | 280,701 |
| Undivided Earnings | 1,079,657 |
| TOTAL EQUITY | 2,368,116 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 52,475,886 |
| INCOME & EXPENSE | |
| Loan Income | 651,502 |
| Investment Income | 9,021 |
| Other Income | 111,976 |
| Total Employee Compensation & Benefits | 359,818 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 448,778 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 525,100 |
| Cost of Funds | 154,031 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -590,071 |
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