People's
People's is a credit union based in Rayne, Louisiana, established in 1942, with $25 million in total assets serving 3,731 members. By Trust Grade it ranks 74th of 136 credit unions we track in Louisiana. Its net worth ratio of 19.4% is stronger than 76% of similarly sized credit unions, versus a Louisiana median of 14.5%. It was profitable over the most recent period, with a 0.18% return on assets. No consumer complaints against People's appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How People's compares to Louisiana peers
How we graded People's
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (19.4% capital ratio)
- Profitable (ROA 0.18%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for People's over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at People's insured?
Yes. People's is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
People's: frequently asked questions
Is People's a good credit union?
People's earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (19.4% capital ratio); Profitable (ROA 0.18%).
Is People's NCUA-insured?
Yes. People's is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is People's?
People's holds $25 million in total assets, ranking 74th of 136 credit unions we track in Louisiana. It serves 3,731 members.
Does People's have CFPB complaints?
No CFPB complaints against People's appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
