Visit us online at peoplescu.com
SPRING 2023
Member Connection
Dear Member,
Locations
Since our last newsletter, there have been several notable bank failures. As we mentioned in our March 13 special email, our Credit Union has a different business model and strategic focus than those institutions that failed.
Bristol
Your Credit Union: • Has a diverse member base of consumers and small businesses across various industries in our community.
50 Gooding Avenue 401.253.6500
Middletown
• Has a long-term strategic focus on delivering solid products and services for our members, an engaging environment for our team to succeed, and improving our community.
858 West Main Road 401.846.8930
• Is highly capitalized, exceeding the NCUA definition of well-capitalized, with our investments that are safe and secure.
Newport 43 Memorial Boulevard 401.846.1965
Please know that our Credit Union and your deposits are safe. Having recently closed out our 100th year, your Credit Union team understands our mission and the trust you place in us, and we will continue our long-term focus to make our Credit Union better for the next 100 years. Please contact your local branch or our Member Service Center if you have further questions or concerns.
North Kingstown
As we all look forward to the longer and warmer days to come, your People’s team continues to focus on positively impacting your member experience and the community we live in. At our Annual Meeting, we were excited to elect
2537 East Main Road 401.683.3166
two new board members and reappoint three existing members to another term. We are fortunate to have an
Wakefield
actively engaged Board focused on our mission and the core values of our Credit Union. On the community front,
150 Old Tower Hill Road 401.789.5551
we are proud of our continued partnership with URI Women’s Athletics and our recognition for innovative support of the Martin Luther King, Jr. Center with our Fill it Forward campaign. Your People’s team continues to volunteer at local schools, nonprofits, and other organizations that need our help. We are making our community better. We continue to look at ways to enhance our products and services with benefits like early access to your funds, better delivery of eDocuments, and providing important alerts to better manage and protect your hard-earned funds. Fraud continues to be an important risk that requires your help coordinating with the branches and our risk and support teams. Regularly monitoring your statements and your credit score/report with myCredit Health within Online Banking, combined with contacting us as soon as you see something suspicious, will minimize your chances of being impacted by fraud. We will continue to communicate emerging risks and best practices to protect against fraud and be ready to support you with any concerns you have with your accounts.
Sean Daly, Head of People's Credit Union
FEDERALLY INSURED BY NCUA. People’s Credit Union’s NMLS ID#: 439939
7490 Post Road 401.885.9660
Portsmouth