People's Credit Union

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A short history of People's CU

Since its inception in 1942 the People's Credit Union has been serving its members in the RAYNE, Louisiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Drusella Schexnider, the People's CU has grown its membership to over 3,424 with assets of more than $24,871,972. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (337) 393-2495 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RAYNE, LA.

General Information For People's CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62564
Address PO BOX 290 
State Louisiana 
Zip-Code 70578
Phone Number (337) 393-2495
Fax Number (337) 393-2492
Email Address:
CEO/President Drusella Schexnider
Members 3,424 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 24,871,972 

Compare People's Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lafayette Schools' CU Lafayette Schools' FCU Iberia Branch 1101 Parkview Dr 70563 (337) 335-1100 No 11.53
Maple CU Main 105 Toledo Dr 70596 (337) 233-6264 No 12.16
Acadian CU Acadian Federal Credit Union 102 Sunbeam Ln 70506 (337) 233-6744 No 12.35
Section 705 CU Section 705 FCU 1455 W Willow St 70506 (337) 232-8450 No 12.57
St. Jules CU Main Office of St Jules C U 1600 N Bertrand Dr 70506 (337) 261-1151 No 12.60

People's Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

People's Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 5.25 8.00 6.00 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 424 630 373 N/A
Rank Among All Louisiana Credit Unions N/A 76 88 56 N/A

People's Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 N/A N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 N/A N/A N/A
Rank Among All Louisiana Credit Unions N/A 32 N/A N/A N/A
People's Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 15.000147322,632
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.250651,335,430
Used Vehicle Loans 8.0002753,138,390
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.000702,252,490
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.0001511,144,110
TOTAL LOANS & LEASES 7088,193,052

People's Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 14824,71800
    b. 15 Years or less 561,427,7723137,400
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 702,252,4903137,400


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

People's Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes