The Peoples
The Peoples is a credit union based in Middletown, Rhode Island, established in 1922, with $802 million in total assets serving 41,028 members. By Trust Grade it ranks 12th of 14 credit unions we track in Rhode Island. Its net worth ratio of 10.0% trails most similarly sized credit unions (31th percentile), versus a Rhode Island median of 11.2%. It was profitable over the most recent period, with a 0.23% return on assets. No consumer complaints against The Peoples appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Peoples compares to Rhode Island peers
How we graded The Peoples
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.0% capital ratio)
- Profitable (ROA 0.23%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Peoples over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at The Peoples insured?
Yes. The Peoples 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.
The Peoples: frequently asked questions
Is The Peoples a good credit union?
The Peoples earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Well-capitalized (10.0% capital ratio); Profitable (ROA 0.23%).
Is The Peoples NCUA-insured?
Yes. The Peoples 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 The Peoples?
The Peoples holds $802 million in total assets, ranking 12th of 14 credit unions we track in Rhode Island. It serves 41,028 members.
Does The Peoples have CFPB complaints?
No CFPB complaints against The Peoples 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.
