Credit union · NCUA insured
People's Credit Union
A $24.8M credit union headquartered in Rayne, LA, with 3,731 members and 1 branch in Louisiana. Best rates: savings 0.85% APY.
People's Credit Union Carrot Score
80
Carrot Score
Higher than 53% of U.S. banks and credit unions
#7 of 19 in Lafayette, LA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About People's Credit Union
Originally established in 1942 as St. Joseph Parish Credit Union in Rayne, Louisiana, the institution was renamed People's Credit Union in 2011.
It is a member-owned cooperative created to encourage thrift, offer fair credit, and provide members democratic control over their money.
- Headquarters
- 904 E Texas Ave, Rayne, LA 70578
- NCUA charter
- 62564
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Residents living in the trade territory of the City of Rayne are eligible for membership.
Family and household
- Members of immediate families of members—including any relative by blood or marriage, foster and adopted children, grandchildren, sons-in-law, and daughters-in-law—are eligible for membership.
Cost to join
- Minimum deposit/balance of $25.00 in savings account required to begin membership.
- Opening fee of $5.00 required when opening a membership savings account.
Branches
1 branch in Louisiana
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Louisiana
1 branch
- People's Credit UnionMain office904 E Texas Ave, Rayne, LA 70578Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 19.67% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.12% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.90% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $50 | $59 | — |
- CapitalNet worth ratio19.67%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.12%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.90%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$50Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of People's Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.