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Mortgage rates may change daily. Our current Mortgage rates can be found below or on our Mortgage Rates page. Want to learn more about the mortgages we offer? Visit our Mortgage page.
To apply for a Mortgage click the Apply Now links in the tables below. You can also call our Member Service Center at 800.498.8930 or visit one of our six locations for more information.
Fixed Rate Mortgage
*Annual Percentage Rates (APR) are lowest available and subject to change without notice. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, subordinate financing, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance (and flood insurance if applicable) required. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Mortgage insurance required if loan to value exceeds 80%.
- 15 Year Fixed Rate Mortgage at 6.50% (6.64% APR): 180 monthly payments of $8.71 per $1,000 borrowed
- 20 Year Fixed Rate Mortgage at 6.625% (6.74%% APR): 240 monthly payments of $7.53 per $1,000 borrowed
- 30 Year Fixed Rate Mortgage at 6.875% (6.97% APR): 360 monthly payments of $6.57 per $1,000 borrowed
Adjustable Rate Mortgage
*Annual Percentage Rates (APR) are lowest available and subject to change without notice. Rate may increase after closing. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance (and flood insurance if applicable) required. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Mortgage insurance required if loan to value exceeds 80%.
- 10/1 Adjustable Rate Mortgage at 6.75% (7.13% APR): 360 monthly payments of $6.49 per $1,000 borrowed
- 7/1 Adjustable Rate Mortgage at 6.625% (7.18% APR): 360 monthly payments of $6.40 per $1,000 borrowed
- 5/1 Adjustable Rate Mortgage at 6.50% (7.20% APR): 360 monthly payments of $6.32 per $1,000 borrowed
Active as of 05.02.2024
First Time Home Buyer Mortgage
| Product | Interest Rate | Points | APR* |
| Year 1* | 6.125% | 0 | 6.97% |
| Year 2* | 6.375% | 0 | 6.97% |
| Year 3* | 6.625% | 0 | 6.97% |
| Year 4-30* | 6.875% | 0 | 6.97% |
*Annual Percentage Rates (APR) are lowest available and subject to change without notice.” Rate for years 4 – 30 is the “Base Rate”. Rate for year 1 is Base Rate minus 0.75%; year 2 is Base Rate minus 0.50%; year 3 is Base Rate minus 0.25%. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, occupancy, appraised value, down payment, property type, property use and loan purpose. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Property insurance (and flood insurance if applicable) required. Mortgage insurance required if loan to value exceeds 80%. All borrowers must be a first time home buyer.
- First Time Home Buyer Mortgage, year 1 at 6.00% (6.84% APR): 12 monthly payments of $6.00per $1,000 borrowed
- First Time Home Buyer Mortgage, year 2 at 6.25% (6.84% APR): 12 monthly payments of $6.16 per $1,000 borrowed
- First Time Home Buyer Mortgage, year 3 at 6.50% (6.84% APR): 12 monthly payments of $6.32 per $1,000 borrowed
- First Time Home Buyer Mortgage, years 4-30 at 6.75% (6.84% APR): 324 monthly payments of $6.49 per $1,000 borrowed
If fraud is suspected on your account you will be contacted by the Credit Union. Typically, the first alert is by email. If there is no response you will receive a text and then a phone call. Each of these communications will provide easy to follow steps to contact us.
Alerts can be set up within the My Profile section in your online banking profile. There you can customize the specific alerts you would like to receive for your specific accounts.
To submit a travel notification if you anticipate using your debit card while traveling, navigate to the Travel Notification button in the Services & Tools section of your online banking profile. From there you would input your debit card number, the start and end dates of your travel, as well as the trip details.
You can also contact the Member Service Center during normal business hours at 800.498.8930.
Yes, at People’s Credit Union your deposits are insured. Federally chartered credit unions are regulated by the National Credit Union Administration and insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, NCUSIF is similar to deposit insurance coverage provided by the Federal Deposit Insurance Corporation. For more information on how your deposits are insured please visit https://www.mycreditunion.gov/share-insurance
The confidentiality of your personal information is important to us. Our Privacy Policy can be found on our Privacy Policy page.
If you suspect suspicious activity on your account, please call your local branch or the Member Service Center at 800.498.8930.
If you suspect fraud on your account, the first step would be to contact your local branch or the Member Service Center at 800.498.8930.
If you suspect identity theft, please visit IdentityTheft.gov which can help you report and recover from identity theft.
For up to date and accurate information on Identity Theft and Consumer Protection please visit https://www.ftc.gov/
Our Bristol, Newport, North Kingstown and Middletown branches have coin machines that are available free to our members.
To make a payment on your People’s Credit Union loan, you can set up a transfer from your Credit Union checking or savings account. In addition, you now have the ability to transfer your People’s Credit Union loan payment using the Bill Pay module. Loan payments made through the Bill Pay module will be processed immediately. To make a transfer payment from your People’s Credit Union checking or savings account through the Bill Pay module, select the Bill Pay option in the top banner, choose the “Make a Loan Payment” tab and follow the instructions on the screen to complete the transfer payment. To set up recurring payments, you would select the “Recurring” option from the “Scheduling Option” toolbar.
