Peoples Choice Credit Union was chartered on October 15, 1940, as Hurd Employees Credit Union. The charter consisted of employees and their families of Hurd Millwork Corporation. The charter President was the late Joseph Spanbauer, and the charter Treasurer was the late Mayor Arthur Salzwedel. First-year records show there were 15 members and assets of $23.50.
The credit union started out in the home of the late Arthur Liberty, Treasurer of the Board of Directors. After Arthur retired, it relocated to a small building on the corner of Perkins Street and Wisconsin Avenue. In 1980 the credit union moved into the former Mathews Building on the corner of Whelen Avenue and Broadway Avenue next to the Medford Millpond. January 1996 found the credit union moving once again, this time to their current location on Eighth Street (Highway 13), just north of Highway 13 and Highway 64 intersection.
Along with moving several times, the credit union also changed its name a few times. It was changed from Hurd Employees Credit Union to Industrial Credit Union in June 1971. The field of membership was expanded to include the employees and the families of most of the industries in Medford. In June 1983, Industrial Credit Union was granted a Community Charter, open to all persons residing in or employed in Taylor County Wisconsin, members of their immediate family, and associations or organizations of such members. As a result of this new field of membership, it was decided to change the name.
During the Annual Meeting in February 1996, the membership voted to approve the name change to Peoples Choice Credit Union. Effective April 2001, the Commissioner of Credit Unions once again approved expanding the charter to serve any person residing or working in Taylor or Clark County.
On October 1st of 2015, Peoples Choice Credit Union took over the assets of the Gilman Area Credit Union. With this merger, Peoples Choice Credit Union opened the Gilman branch and expanded the field of membership.
Peoples Choice Credit Union is now open to everyone residing, employed, or that are owners of real estate in Taylor, Clark, Chippewa, Rusk, and Price Counties.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154