About Us

Village People's Federal Credit Union is a Not-for-Profit  entity chartered by the National  Credit  Union  Association on February 4, 1982.  It is a unique financial institution operated solely for the benefit of the members.

 When you become a member of Village People's  Federal  Credit Union you also become part owner with full voting rights and can enjoy the full benefits, services and financial  security  of  the  credit  union. Control and management of VPFCU is in the hands of its members.   The Board of Directors are elected at the Annual Meeting held the first quarter of each year.  The Board elects its officers, appoints committees, and retains the services of management.  The Board sets the interest rates on  loans,  share certificates, and deposits and declares dividends on shares held.

 The Field of Membership in this Credit Union is limited to those having the following common bond:   Persons who reside or work in Hot Springs Village, Arkansas; spouses of persons who died while within the field of membership of this credit union;  employees of this credit union; members of their immediate families; and organizations of such persons.

Sharing a common bond and much more!  Welcome to the world of money management and financial security!  Village People's Federal Credit Union is a federally-insured financial institution waiting to serve you as a member, not just as a customer.  As a member, you are among a select group of people who share a common bond and share in the outstanding benefits and services offered by Village People's Federal Credit Union.  How can we offer these benefits and services?  Because we're member-owned and all profits go back to the members in the form of dividends, low interest rates on loans, and other outstanding benefits.

Savings opportunities for small or large savers!  Whether you are able to save only a few dollars each month or have larger sums to invest, Village People's Federal Credit Union has a savings opportunity to meet your needs at competitive rates.  

Regular Share Account is an account which pays a variable rate monthly with the amount earned based on balance.  A minimum balance of $5.00 is required to open an account.  

Share certificate is a higher interest bearing certificate with a $500 minimum deposit.  You can choose lengths of deposit from three, six, or twelve months.  Dividends are deposited in your regular share account monthly and can be withdrawn any time.

Other services and much more!   

Payroll Deductions, when approved by the employer, is a convenient, painless way to save on a regular basis or make your loan payments.  Each payday a portion of your paycheck is automatically deposited into your regular share account.

Family Memberships are available to members of your family.

Lifetime Membership means that once you join the credit union you can remain a member for life, even if you leave the field of membership.

Free Notary Public Service is available for members at the credit union office.

Consumer Information Catalog is made available to members each quarter.  It is a catalog of selected federal publications of consumer interest published by the Federal Government and provided at no cost to members.

Federally Insured Savings protects all of your funds up to $100,000 with insurance from NCUA, an agency of the Federal Government. This insurance protects your Regular Share Accounts, and Certificate Accounts from loss through theft or insolvency.

Loans Available For Worthwhile Purposes  

  Village People's Federal Credit Union prides itself in offering low-cost loans to its members for any worthwhile purpose. Easy repayment terms are sure to fit our member's budget.  If you are interested in any of the following types of loans call or stop by the credit union office for further information:           

First Mortgage Loans for the purchase of a new home or refinancing your current mortgage.   Currently, we are not offering a mortgage product, but we may be able to refer you.  Call or stop in.

Auto Loans are available for new and used cars at varying rates depending on the age of the car and your credit worthiness.   Our staff can help you determine a blue book value for any auto you may want to purchase.

Recreational Vehicle Loans help you purchase that fun machine you've always wanted, such as a boat, motorcycle, camper, or 4-wheeler.

 Mobile Home Loans are available for new and used mobile homes for up to 15 years and up to 90% of the purchase price at competitive rates.

Signature Loans allow you to use your signature as collateral and are offered at slightly higher rates.

Open End Loans up to $3000 are available to qualified members.