People's Credit Union
People's Credit Union is a mid-sized, state-chartered credit union headquartered in Middletown, RI. The credit union operates 6 branches in 1 state (Rhode Island). It has $375.8 million in assets and roughly 25,800 members.
Products offered include: People's CU CD, IRA Account, Business Savings, Business MMA, Business Interest Checking and Interest Checking.
Current People's Credit Union Rates
| Name | Term | APY | Min Deposit | |
| People's CU CD | 3 months | 0.15 % | $500 | |
| 4 months | 0.15 % | $500 | ||
| 6 months | 0.20 % | $500 | ||
| 9 months | 0.30 % | $500 | ||
| 1 year | 0.35 % | $500 | ||
| 18 months | 0.55 % | $500 | ||
| 2 years | 0.70 % | $500 | ||
| 3 years | 0.95 % | $500 | ||
| 4 years | 1.05 % | $500 | ||
| 5 years | 1.70 % | $500 |
People's Credit Union Membership Eligibility
People's Credit Union is a community credit union that has served the people of Rhode Island since 1922. Membership in People's Credit Union is available to corporations, partnerships, sole proprietorships, voluntary associations, fraternal organizations, trusts, limited liability companies and individuals regardless of residence or occupation.
About People's Credit Union
People's Credit Union is owned by its members and is a not-for-profit, cooperative financial institution. Members combine their savings to create a pool of funds from which other members can borrow. Unlike banks, credit unions do not have stock holders. All People's Credit Union members are encouraged to attend the Annual Meeting, where you may vote to elect a volunteer Board of Directors who oversee the Credit Union's operations. Each member in good standing receives one vote, regardless of their account balance.
Income earned on loans, investments and fees is returned to members in the form of higher savings rates, lower loan rates and additional products and services. Funds on deposit at a credit union are federally insured by the National Credit Union Association (NCUA), an agency of the U.S. government.