PEOPLE'S ALLIANCE

125 WIRELESS BLVD
Hauppauge, NY 11788

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 3633
Date Established 1940
Assets $267.52 million
Loans $171.29 million
Deposits $240.20 million
Capital $24.55 million

People's Alliance is an NCUA insured institution located in Hauppauge, NY. It was founded in 1940 and has approximately $267.52 millions in assets.

Who can join?

• If you are employed by a company in PAFCU's field of membership, you are eligible to join. Check with your immediate supervisor or Human Resources Manager to see if your company offers PAFCU membership among its employee benefits. If so, you can enroll at your company, request a membership application from your nearest PAFCU branch, write or E-Mail us for an application. It's that easy.
• If you are an employee at a company in the Hauppauge Industrial Park, you are automatically eligible for PAFCU membership. Visit the Hauppauge branch for membership information.
• If your company is not in PAFCU's field of membership, ask your Human Resources Manager or key benefits decision-maker to call, write or E-Mail us at the Hauppauge Administrative office for a full kit and video explaining how your company can join. There is no obligation or cost for this material.
• If you are a Human Resources Manager, Benefits Administrator, President/CEO, or Owner of a company familiar with PAFCU, you can join.
• PAFCU also offers kinship accounts. Once you join, any member of your family (through blood, marriage or adoption) may join and enjoy all the benefits of PAFCU. On the flip side, if you are related to a PAFCU member, you are eligible to join.
People's Alliance Federal Credit Union has expanded their membership to include persons, who live, work, worship or attend school in, and businesses and other legal entities located in a portion of the following areas:
• Aquebogue, Amityville, Bay Shore, Babylon, Bayport, Bellport, Brentwood, Blue Point, Bohemia, Brookhaven, Brooklyn, Calverton, Center Moriches, Centereach, Central Islip, Copiague, Coram, Deer Park, East Moriches, E. Patchogue, Eastport, Farmingville, Hampton Bays, Holtsville, Huntington, Huntington Station, Islip Terrace, Jamesport, Lake Grove, Lake Ronkonkoma, Lindenhurst, Manorville, Mastic, Mastic Beach, Mattituck, Medford, Middle Island, Moriches, N. Babylon, Patchogue, Quogue, Ridge, Riverhead, Rocky Point, Ronkonkoma, Selden, Setauket, Shirley, Shoreham, Sound Beach, Southampton, Stony Brook, W. Babylon, Wyandanch, Yaphank.
• Carle Place School District.
• Brooklyn, New York which lies within Community Planning Districts #3, #8, or #9.
• Miami and Hialeah, Florida.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in several areas of New York including parts of Brooklyn, New York, and in Miami and Hialeah, Florida. You can also be eligible via Select Employer groups and via family.

Deposit Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.30% $2,500 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.88% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.75% $500 - Learn MoreShow Less
6 Mo CD
1.30% $500 - Learn MoreShow Less
12 Mo CD
1.88% $500 - Learn MoreShow Less
Special: 18 Mo CD
2.65% $500 - Learn MoreShow Less
18 Mo CD
2.07% $500 - Learn MoreShow Less
24 Mo CD
2.27% $500 - Learn MoreShow Less
Special: 30 Mo CD
2.85% $500 - Learn MoreShow Less
36 Mo CD
2.53% $500 - Learn MoreShow Less
48 Mo CD
2.60% $500 - Learn MoreShow Less
60 Mo CD
2.70% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.22% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PEOPLE'S ALLIANCE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to PEOPLE'S ALLIANCE
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are People's Alliance 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:
Ashburn,Virginia


People's Alliance Locations


Financial Details

People's Alliance Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of People's Alliance. 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
People's Alliance U.S. Average
19.88% 6.77

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 March 31, 2019, People's Alliance had $5,238,524 in non-current loans and $230,000 in owned assets. To cover these potential losses it had $24,550,433 in net worth and $2,953,407 in loans loss reserves. That gives it a Texas Ratio of 19.88%.

Net Worth
People's Alliance U.S. Average
9.17% 13.47%

People's Alliance FCU has a net worth of 9.17% versus the BestCashCow average of 13.47. 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 People's Alliance

Branches and Savings

What is People's Alliance?

A federal credit union, registered with the NCUA under certificate #3633.
Learn more about credit unions here.

Is People's Alliance FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join People's Alliance?

Please see Field of Membership information above for information on who is eligible to join.

What are People's Alliance's share account and share certificate rates?

People's Alliance's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is People's Alliance?

People's Alliance has total capital of $24.55 million. Full information on People's Alliance's financial position is located above.

Who owns People's Alliance?

Credit Unions are owned by their members.

Where are People's Alliance branches located?

See branch locations nearby.

Are People's Alliance ATMs Open 24/7?

Do People's Alliance ATMs accept cash deposits?

Can People's Alliance customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does People's Alliance have a mobile app?

Does People's Alliance have mobile deposit?

Does People's Alliance have quick pay?

How can People's Alliance transfer money to other banks or credit unions?

Does People's Alliance report to credit bureaus?

Does People's Alliance use Chexsystems?

Does People's Alliance use Equifax?

What is People's Alliance's toll free phone number?

What is People's Alliance's ACH Routing Number?

What is People's Alliance's SWIFT code?

Where can I find People's Alliance's wire transfer form?

What is the People's Alliance address for deposits?

What Products Does People's Alliance Offer

Does People's Alliance offer mortgages?

Compare mortgage rates here.

Does People's Alliance offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does People's Alliance offer auto and RV loans?

Compare auto loan rates here.

Does People's Alliance offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for People's Alliance

There are currently no comments for People's Alliance. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →