2021 Overview
General Credit Union Information
First Peoples Community is an NCUA insured institution located in Cumberland, MD. It was founded in 1959 and has approximately $534.46 millions in assets.
Who can join?
First Peoples Community Federal Credit Union serves any persons who live or work in Allegany County, Maryland, Garrett County, Maryland, Somerset County, Pennsylvania or Mineral County, West Virginia. Membership is also available to Verizon employees that are headquartered in the counties of Frederick, Washington, Allegany, and Garrett in Maryland.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 13345 |
| Date Established | 1959 |
| Assets | $534.46 million |
| Loans | $389.20 million |
| Deposits | $453.40 million |
| Capital | $60.01 million |
Field of Membership Restrictions
Deposit Rates - April 10, 2021
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
|
Money Market
|
0.20% | $2,500 | $2,999 |
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|
|
Money Market
|
0.25% | $10,000 | $14,999 |
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|
|
Money Market
|
0.35% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.35% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.35% | $100,000 | $199,999 |
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|
| Special: 9 Mo CD
|
1.10% | $500 | - |
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|
| 12 Mo CD
|
0.65% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.65% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.75% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| Special: 39 Mo CD
|
1.55% | $500 | - |
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|
| 48 Mo CD
|
1.25% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.25% | $100,000 | $199,999 |
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|
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Special: 9 Mo FIRA
|
1.10% | $500 | - | Learn More |
| Special: 39 Mo FIRA
|
1.55% | $500 | - | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| eFirst Checking | 2.00% | $0 | $0.00 | Learn More |
Loan Rates - April 10, 2021
Your Current Location: Connecticut, CT 06828
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
3.25% | 3.25% | Varies | |
Compare with 4 RATE Line of Credit from People's United Bank, N.A.
See All Home Equity Rates |
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| 10 Year Loan
See Table |
3.50% | 3.50% | $494.43 | |
| 15 Year Loan
See Table |
4.50% | 4.50% | $382.50 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 1.75% | 1.75% | $713.34 | |
| 4 Year | 1.75% | 1.75% | $539.65 | |
| 5 Year | 2.25% | 2.25% | $440.93 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 7 Year Adjustable Conforming See Amortization Table |
3.00% | 3.00% | $1,054.01 | |
| 10 Year Adjustable Conforming See Amortization Table |
3.50% | 3.50% | $1,122.61 | |
| 15 Year Fixed Conforming See Amortization Table |
2.50% | 2.50% | $1,666.97 | |
| 20 Year Fixed Conforming See Amortization Table |
2.88% | 2.88% | $1,371.52 | |
| 30 Year Fixed Conforming See Amortization Table |
3.00% | 3.00% | $1,054.01 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 7 Year Adjustable Conforming See Amortization Table |
3.00% | 3.00% | $1,054.01 | |
| 10 Year Adjustable Conforming See Amortization Table |
3.50% | 3.50% | $1,122.61 | |
| 15 Year Fixed Conforming See Amortization Table |
2.50% | 2.50% | $1,666.97 | |
| 20 Year Fixed Conforming See Amortization Table |
2.88% | 2.88% | $1,371.52 | |
| 30 Year Fixed Conforming See Amortization Table |
3.00% | 3.00% | $1,054.01 | |
Compare with 2.706% APR and 2.625% 30-Year Fixed RATE from Morty, Inc.
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are First Peoples Community branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Fairfield,Connecticut
Financial Details
First Peoples Community Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of First Peoples Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| First Peoples Community | U.S. Average |
|---|---|
| 14.80% | 5.40 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2020, First Peoples Community had $8,476,348 in non-current loans and $1,149,911 in owned assets. To cover these potential losses it had $60,008,556 in net worth and $5,049,527 in loans loss reserves. That gives it a Texas Ratio of 14.80%.
Net Worth
| First Peoples Community | U.S. Average |
|---|---|
| 11.22% | 12.67% |
First Peoples Community FCU has a net worth of 11.22% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About First Peoples Community
Branches and Savings
What is First Peoples Community?
A federal credit union, registered with the NCUA under certificate #13345.
Learn more about credit unions here.
Is First Peoples Community FDIC insured?
No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. First Peoples Community is insured by the NCUA.
Who can join First Peoples Community?
Please see Field of Membership information above for information on who is eligible to join.
How big is First Peoples Community?
First Peoples Community has total capital of $60.01 million. Full information on First Peoples Community's financial position is located above.
Who owns First Peoples Community?
Credit Unions are owned by their members.
Where are First Peoples Community branches located?
See branch locations nearby.
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