| Credit Union Charter #16993

Peoples

West Virginia JSON

Institution Profile

Address: 419 1st Ave S Nitro, WV 25143-2313

(304) 722-2274

Website:

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NCUA Profile:

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Charter Date:

9/17/1965

Charter Type:

Federal

Branches:

5

Branches by Region
WV 4

Financial Overview

Total Assets
$128.43M
Total Deposits
$106.75M
Total Loans
$96.04M
Members
10,746
Employees
31 31 Full-time / 0 Part-time
Allowance for Loan Losses
$831,357

Performance Ratios

Net Worth Ratio
16.31%
Loan-to-Deposit Ratio
89.97%
Coverage Ratio
0.87% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +38.03% Total Deposits: +28.88% Total Loans: +29.24% since 2020 Q1

Member Growth

Member Growth

Members: -0.09% since 2020 Q1

Employee Growth

Employee Growth

Employees: -3.13% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
1,089
Amount This Year (YTD)
$22.15M

Number of Loans per Quarter

Loans Granted: -74.21% since 2020 Q1

Loan Amount per Quarter

Amount Granted: -75.16% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1st Mortgages
$33.18M 34.6%
Used Vehicle
$24.46M 25.5%
CRE: Non-Owner-Occupied
$8.40M 8.8%
Other Secured
$8.22M 8.6%
Other Unsecured
$6.26M 6.5%
New Vehicle
$6.06M 6.3%
HELOCs
$5.92M 6.2%
CRE: Owner-Occupied
$2.44M 2.5%
Other Real Estate
$850,197 0.9%
CRE: Construction
$238,808 0.2%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 10,746 $128.43M $106.75M $96.04M 31
2025 Q3 10,849 $125.59M $104.34M $96.88M 30
2025 Q2 10,859 $125.67M $104.79M $98.63M 29
2025 Q1 10,848 $123.40M $103.20M $99.10M 29
2024 Q4 10,851 $118.46M $98.95M $100.27M 30
2024 Q3 10,963 $117.99M $99.14M $102.35M 32
2024 Q2 10,944 $119.87M $100.98M $102.86M 32
2024 Q1 11,001 $119.89M $101.65M $105.15M 30
2023 Q4 10,996 $115.74M $97.97M $106.13M 29
2023 Q3 11,044 $116.29M $98.78M $108.35M 29
2023 Q2 11,242 $122.30M $103.19M $111.51M 34
2023 Q1 11,246 $123.31M $104.92M $111.16M 34
2022 Q4 11,124 $122.76M $105.43M $108.20M 34
2022 Q3 11,112 $125.29M $108.67M $107.57M 31
2022 Q2 11,269 $124.83M $110.16M $106.18M 31
2022 Q1 11,234 $124.82M $110.74M $104.83M 31
2021 Q4 11,202 $120.51M $106.94M $105.22M 30
2021 Q3 11,244 $118.73M $104.54M $104.79M 30
2021 Q2 11,053 $120.57M $101.57M $105.05M 28
2021 Q1 10,903 $111.16M $99.47M $86.65M 29
2020 Q4 10,983 $105.38M $90.87M $86.08M 30
2020 Q3 10,922 $101.61M $87.69M $83.72M 29
2020 Q2 10,813 $98.51M $88.12M $77.19M 29
2020 Q1 10,756 $93.05M $82.83M $74.32M 32

Interest Rates

Current average rates by loan type

New Vehicle
6.67%
Used Vehicle
8.95%
1st Mortgage (Fixed)
3.83%
HELOC
7.25%
Other Unsecured
9.87%