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Peoples Choice Credit Union

Overview
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Peoples Choice Credit Union is a federally insured state credit union based in Coffeyville, Kansas. It has been opened since 1935, for 85 years.

With around $6,810,000 in assets, Peoples Choice Credit Union is considered to be a medium size credit union. It has 1 branches and 1 ATM locations.

About
Address 402 W. 12th Street
Coffeyville, Kansas 67337
Phone (620) 251-9280
Fax (620) 251-0719
CEO Tana D. Neal
President of the Board Philip Merriman
Services Offered
Map
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Score Card
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85 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
753 members
Membership type: State chartered natural person credit union
Below average number of members
251:1
Credit union member to staff ratio
251 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$6,814,208
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in Kansas
Average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 2 in Kansas
Average number of branches
Peoples Choice Credit Union Branch Locations

Peoples Choice Credit Union
402 W. 12th Street
Coffeyville, Kansas 67337
ATM Available
Members
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753 members
Membership type: State chartered natural person credit union
Below average number of members

With 753 members, the Peoples Choice Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 85% of credit unions.

Fees
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$40
Average fee per member
The average fee per member at the Peoples Choice Credit Union is $40, which is comparable to most credit unions. This rate is lower than 57% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Peoples Choice Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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251:1
Credit union member to staff ratio
251 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
3 staff members
FTE (full-time equivalent)
0% of employees are part-time
3 full-time, 0 part-time

Peoples Choice Credit Union has 3 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Peoples Choice Credit Union has around 251 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$6,814,208
Total assets
Below average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
23.4%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$8,141
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 68% of credit unions.

Peoples Choice Credit Union holds a total of $2,400,000 in loans and leases, which is about $8,141 per member on average.

Savings interest rate
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0.20%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Peoples Choice Credit Union pays 0.20%.

Loan rates
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12.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.80%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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5.00%
New car loan rate
Compared to 4.0% nationally
7.40%
Used car loan rate
Compared to 5.2% nationally