Sep, 30, 2025 — PEOPLE FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in ALLENTOWN, PA with 9 branch locations and about $958.35 million in total assets. Opened 76 years ago in 1950, PEOPLE FIRST FEDERAL CREDIT UNION has about 76,360 members and employs 166 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 FIRST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 740 W Hamilton St Ste 300 ALLENTOWN, PA 18101-2474 |
| Phone: | (610) 797-7440 |
| Fax: | (610) 798-9241 |
| Website: | https://www.peoplefirst.com |
| Branches: | 9 branch locations |
| Members: | 76,360 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6885 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $958,345,667 |
| CEO/Manager: | Howard Meller |
| Chairperson: | Gerard Judge |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 46,994,922 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 361,910,852 |
| Unsecured Loans | 52,114,304 |
| Other Loans | 247,067,726 |
| TOTAL LOANS | 661,140,256 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,677,317 |
| Land And Building | 5,631,170 |
| Other Fixed Assets | 7,236,314 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,383,266 |
| All Other Assets | 37,725 |
| TOTAL ASSETS | 958,345,667 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,090,024 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 167,367,725 |
| Regular shares | 344,250,609 |
| All Other Shares & Deposits | 380,721,891 |
| TOTAL SHARES & DEPOSITS | 892,340,225 |
| TOTAL LIABILITIES | 901,435,975 |
| Regular Reserve | 0 |
| Other Reserves | -17,954,650 |
| Undivided Earnings | 74,864,342 |
| TOTAL EQUITY | 56,909,692 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 958,345,667 |
| INCOME & EXPENSE | |
| Loan Income | 31,931,247 |
| Investment Income | 5,540,269 |
| Other Income | 3,551,153 |
| Total Employee Compensation & Benefits | 12,639,510 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 16,358,928 |
| Non-operating Income & (Expense) | -205,766 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,444,724 |
| Cost of Funds | 9,845,646 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,015,290 |
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