First Community Trust Announces Partnership with Peoples Credit Union to Expand Wealth Management Services

Jun 17, 2026

IOWA – First Community Trust, N.A. (FCT), a nationally chartered trust company, has entered into a new partnership with Peoples Credit Union to enhance the range of financial services available to its members. As part of the collaboration, FCT Insurance, an affiliated agency, will also provide access to a variety of insurance products.

Through this partnership, members will be able to connect with professionals offering investment management, retirement and estate planning, and trust services through FCT. In addition, FCT Insurance will offer solutions including annuities, life insurance, Medicare solutions*, disability coverage, and long-term care planning.

“This partnership strengthens our ability to serve members with a more complete financial approach,” said Peoples Credit Union CEO, Jordan Hensley. “By working with First Community Trust, we’re able to offer experienced guidance and expanded resources to help members plan for every stage of life.”

FCT currently partners with multiple credit unions across Iowa and Illinois, helping extend access to specialized financial services while maintaining a strong local presence. Collaborations like this allow credit unions to build on their member-first mission with additional expertise and support.

Supporting the partnership is Wealth Advisor, Trust Officer and licensed Insurance Agent, Lisa Grefe, who will work to deliver coordinated financial and insurance strategies.

“Our goal is to make high-quality financial guidance more accessible within the communities we serve,” said FCT Chief Executive Officer Adam Claypool. “We’re excited to partner with Peoples Credit Union to bring these resources to their members and support their long-term financial goals.”

*FCT Insurance is an insurance agency not affiliated or endorsed by the government or Federal Medicare Program. This is a solicitation for insurance.