History of Peoples Credit Union

Peoples Credit Union established its roots in Webster City on May 26th, 1962. During the first 23 years, Peoples Credit Union saw little change. The membership consisted of and was limited to employees of Franklin Manufacturing Company (now Electrolux) and Arrow Acme Corporation, employees of the credit union and members of the immediate family of such persons.

On April 1, 1985, a merger was completed merging Hamilton County Public Employees Credit Union and making the credit union available to all Hamilton County employees. At this time the name was changed to Peoples Credit Union.

Peoples Credit Union operated from within Don and Colleen Follett's home in Webster City for 33 years. In 1991, a new building was opened to the membership at 310 First St., Webster City.

Peoples Credit Union is serving 7 counties

In 2007, Peoples Credit Union Board of Directors announced our new community charter. We now
serve people who live or work in Hamilton County and the surrounding counties of Hardin,
Franklin, Wright, Story, Boone and Webster. Peoples Credit Union offers an array of outstanding
financial products and services. We identified the need to extend the opportunity of membership to
these areas for the continued strong and steady growth of this credit union.

We greatly appreciate you, our loyal members, and value your continued support. Peoples Credit Union
Board and Staff will continue to strive offering all members our trademark of friendly and professional service.