NonprofitsPeoples Credit Union

Peoples Credit Union

MIDDLETOWN, RI

Total revenue

$35.0M

Total expenses

$34.5M

Net assets

$67.4M

Grants received

EIN

050198580

Tax year

2024

Mission

State chartered credit union

Programs

3 programs

People's maintains savings accounts for members. Total outstanding savings accounts at 12/31/24 was 31,130 for $394,201,465.

People's maintains demand deposit accounts for members. Total outstanding demand deposit accounts at 12/31/24 was 24,195 for $182,968,244.

People's offers safe deposit boxes to members. The number of safe deposit boxes rented is 1,000.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$31.8M
Investment income$3.2M
Other revenue
Total revenue$35.0M

Expenses

Grants paid$83K
Salaries & benefits$10.7M
Fundraising
Other expenses$23.8M
Total expenses$34.5M
Total assets$747.0M
Net assets$67.4M

People

20 listed

NameRoleCompensation

Sean Daly

Head of People's Credit Union

Board

$451K

40 hrs/wk

Margaret McGill

Past Head of Finance & Risk

Board

$250K

40 hrs/wk

Patricia Carlin

Head of Finance & Risk

Board

$160K

40 hrs/wk

Christopher S Ottiano MD

Board Chair

Board

$15K

2 hrs/wk

Toni Lyn McGowan

Board Secretary

Board

$13K

2 hrs/wk

Thomas W Vignali CPA

Board Treasurer

Board

$12K

2 hrs/wk

Edward T Lopes Jr

Board Vice Chair

Board

$12K

2 hrs/wk

Alyson Adkins

Board Member

Board

$11K

2 hrs/wk

Frank Newsome

Board Member

Board

$11K

2 hrs/wk

William L Douglas Jr

Board Member

Board

$11K

2 hrs/wk

Terri Marcucci Fitch

Board Member

Board

$11K

2 hrs/wk

John Trifero

Board Member

Board

$11K

2 hrs/wk

Timothy J DelGiudice

Board Member

Board

$8K

2 hrs/wk

Steven Kozlowski

Board Member

Board

$7K

2 hrs/wk

Louann Lawrence

Past Board Member

Board

$3K

2 hrs/wk

Timothy Jermain

Head of Lending

Staff

$238K

40 hrs/wk

William DeWitt

Head of Member Delivery & Marketing

Staff

$235K

40 hrs/wk

Karen Parent

Head of HR & Talent

Staff

$180K

40 hrs/wk

Christopher Eden

Head of IS & Technology

Staff

$161K

40 hrs/wk

John Banks

Head of Mortgage Operations

Staff

$128K

40 hrs/wk

Independent contractors

COCC Inc

Data Processing Services

$1.5M

Alkami Technology

Information Technology

$704K

Think Stack

Information Technology

$407K

Fiserv Inc

Data Processing Services

$311K

Baker Hill Solutions LLC

Consultants

$251K

Details

EIN050198580
Subsection14
Ruling date1956-04
Formed1922
Employees139
Volunteers0
PEOPLES CREDIT UNION — Mission, Financials & Grants Received | Grantivo