Question 1

What is First Peoples Community Federal Credit Union?

Accepted Answer

First Peoples Community Federal Credit Union is a community-based financial institution serving members across three states in the Mid-Atlantic region. Headquartered in Cumberland, Maryland, the credit union serves over 34,000 members with approximately $631 million in total assets. First Peoples operates as a not-for-profit cooperative, returning earnings to members through competitive rates, low fees, and enhanced services. The credit union specializes in providing personalized financial services to individuals, families, and businesses throughout Maryland, Pennsylvania, and West Virginia.

Question 2

When was First Peoples Community Federal Credit Union founded?

Accepted Answer

First Peoples Community Federal Credit Union was founded in 1960 under the original name Amcelle Employees Federal Credit Union. The credit union was organized to serve the financial needs of employees and families of the Amcelle Corporation. Over the decades, First Peoples evolved from a single-sponsor employer-based credit union into a robust community charter institution. The credit union has been serving the region for over 60 years, expanding its membership base and geographic footprint while maintaining its founding commitment to member service and community development.

Question 3

Where is First Peoples Community Federal Credit Union headquartered?

Accepted Answer

First Peoples Community Federal Credit Union is headquartered in Cumberland, Maryland. The main office is located at 153 Baltimore Street in Cumberland, Allegany County. The credit union maintains a strong presence in the Cumberland area, which serves as its operational hub for serving members across multiple counties and states in the Mid-Atlantic region.

Question 4

Where does First Peoples Community Federal Credit Union operate?

Accepted Answer

First Peoples Community Federal Credit Union operates across a nine-county service area spanning three states. In Maryland, the credit union serves Allegany County (added to charter in 1975), Garrett County (added in 1998), and Washington County (added in 2017). In West Virginia, members can be served in Mineral County (added in 1983), Hampshire County, and Morgan County (both added in 2017). In Pennsylvania, the credit union operates in Somerset County (added in 2001), Bedford County, and Fulton County (both added in 2017).

Membership is available to anyone who lives, works, regularly conducts business in, worships, or attends school in any of these nine counties. The credit union maintains multiple branch locations throughout this tri-state region.

Question 5

What services does First Peoples Community Federal Credit Union offer?

Accepted Answer

First Peoples Community Federal Credit Union provides a comprehensive suite of financial services for personal and business banking needs. Personal banking services include share savings accounts, checking accounts, certificates of deposit, money market accounts, and individual retirement accounts (IRAs). Lending products encompass personal loans, auto loans, home mortgages, home equity lines of credit, and credit cards.

Business services include business checking and savings accounts, commercial lending, and cash management solutions. The credit union emphasizes that local people make local decisions, providing personalized attention to business members.

Digital banking capabilities include online banking through FP@Home, mobile banking apps for iOS and Android, mobile deposit, mobile wallet integration with Apple Pay, Google Pay, and Samsung Pay, electronic bill pay, member-to-member transfers, and account alerts. The credit union also offers wealth management services through financial advisors who help members with retirement planning, investment strategies, and long-term financial goals.

Additional services include interactive teller machines (ITMs), loan protection insurance, and financial education resources.

Question 6

What makes First Peoples Community Federal Credit Union unique?

Accepted Answer

First Peoples Community Federal Credit Union distinguishes itself through its deep community roots and personalized service approach, operating under the motto "Here for You. Here for Good." The credit union emphasizes that its staff members are neighbors who provide localized, relationship-based banking rather than impersonal corporate service.

As a federally designated low-income credit union, First Peoples maintains a commitment to financial inclusion and serving underserved communities. The credit union actively participates in community development, sponsoring local events, supporting youth sports programs, and maintaining a visible presence in community activities throughout its nine-county service area.

The credit union's logo features a triangle design representing the three states it serves, symbolizing strength and community connection. With over six decades of service, First Peoples has demonstrated financial stability and consistent growth, expanding from a single-employer credit union to a major regional community financial institution. The credit union's volunteer board of directors consists of members who are elected from the membership, ensuring governance reflects member interests and community values.

Question 7

What type of financial institution is First Peoples Community Federal Credit Union?

Accepted Answer

First Peoples Community Federal Credit Union is a federal credit union chartered and regulated by the National Credit Union Administration (NCUA). As a federally chartered institution, it operates under federal regulations and benefits from federal share insurance through the NCUA, which insures member deposits up to $250,000.

The credit union operates as a not-for-profit financial cooperative owned by its members. Each member who opens a share account with a minimum $5 deposit becomes a part-owner of the institution, regardless of account balance. Members have equal voting rights, with each member receiving one vote in elections and matters of governance.

First Peoples holds a community charter, meaning membership is available based on geographic criteria rather than employment or associational bonds. This community charter structure allows the credit union to serve anyone who lives, works, worships, attends school, or regularly conducts business within its defined service area. The cooperative structure means that profits are returned to members through competitive dividend rates, lower loan rates, reduced fees, and improved services rather than being distributed to external shareholders.

First Peoples Community Federal Credit Union

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About First Peoples Community Federal Credit Union in the United States