Peopleschoice
Peopleschoice is a credit union based in Biddeford, Maine, established in 1963, with $367 million in total assets serving 20,377 members. By Trust Grade it ranks 41st of 48 credit unions we track in Maine. Its net worth ratio of 8.6% trails most similarly sized credit unions (10th percentile), versus a Maine median of 10.9%. It was profitable over the most recent period, with a 0.81% return on assets. No consumer complaints against Peopleschoice appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Peopleschoice compares to Maine peers
How we graded Peopleschoice
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.6% capital ratio)
- Profitable (ROA 0.81%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Peopleschoice over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Peopleschoice insured?
Yes. Peopleschoice 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.
Peopleschoice: frequently asked questions
Is Peopleschoice a good credit union?
Peopleschoice earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 84/100 (it has no CFPB complaints on record). Well-capitalized (8.6% capital ratio); Profitable (ROA 0.81%).
Is Peopleschoice NCUA-insured?
Yes. Peopleschoice 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 Peopleschoice?
Peopleschoice holds $367 million in total assets, ranking 41st of 48 credit unions we track in Maine. It serves 20,377 members.
Does Peopleschoice have CFPB complaints?
No CFPB complaints against Peopleschoice 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.
