Dec, 31, 2023 — PEOPLES CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in COFFEYVILLE, KS with 1 branch location and about $7.71 million in total assets. Opened 89 years ago in 1935, PEOPLES CHOICE CREDIT UNION has about 644 members and employs 3 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) | 402 W 12th St COFFEYVILLE, KS 67337 |
| Phone: | (620) 251-9280 |
| Fax: | (620) 251-0719 |
| Website: | https://mypccu.com |
| Branches: | 1 branch locations |
| Members: | 644 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60039 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,713,881 |
| CEO/Manager: | Leigh Foster |
| Chairperson: | Philip G Merriman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 657,222 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 354,277 |
| Other Loans | 2,515,908 |
| TOTAL LOANS | 2,870,187 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,219 |
| Land And Building | 13,780 |
| Other Fixed Assets | 20,976 |
| NCUSIF Deposit | 59,264 |
| All Other Assets | 3,500 |
| TOTAL ASSETS | 7,713,881 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,004 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,812 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 769,555 |
| Regular shares | 1,727,376 |
| All Other Shares & Deposits | 3,408,777 |
| TOTAL SHARES & DEPOSITS | 5,905,708 |
| TOTAL LIABILITIES | 5,922,524 |
| Regular Reserve | 0 |
| Other Reserves | 131,400 |
| Undivided Earnings | 1,659,957 |
| TOTAL EQUITY | 1,791,357 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,713,881 |
| INCOME & EXPENSE | |
| Loan Income | 197,223 |
| Investment Income | 100,081 |
| Other Income | 42,598 |
| Total Employee Compensation & Benefits | 140,805 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 156,984 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,712 |
| Cost of Funds | 24,034 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 45,821 |
| ↑ Back to Top | |