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          <link:definition>999053 - Disclosure - CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS (Details Narrative)</link:definition>
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          <link:definition>999054 - Disclosure - OTHER REAL ESTATE OWNED (Details)</link:definition>
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          <link:definition>999056 - Disclosure - FAIR VALUES (Details 1)</link:definition>
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          <link:definition>999057 - Disclosure - FAIR VALUES (Details 2)</link:definition>
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          <link:definition>999058 - Disclosure - FAIR VALUES (Details Narrative)</link:definition>
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          <link:definition>999059 - Disclosure - LEASING ACTIVITIES (Details)</link:definition>
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          <link:definition>999061 - Disclosure - BORROWED FUNDS (Details Narrative)</link:definition>
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        <link:roleType roleURI="http://newpeoples.bank/role/RevenueFromContractsWithCustomersDetails" id="RevenueFromContractsWithCustomersDetails">
          <link:definition>999062 - Disclosure - REVENUE FROM CONTRACTS WITH CUSTOMERS (Details)</link:definition>
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          <link:definition>999063 - Disclosure - NONINTEREST EXPENSES (Details)</link:definition>
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</schema>
