E R R L Credit Union

E R R L Credit Union is headquartered in Wyndmoor and is the 422^nd largest credit union in the state of Pennsylvania. It is also the 6,386^th largest credit union in the nation. It was established in 1942 and as of December of 2011, it had grown to employees and 365 members. E R R L Credit Union's savings rates are 73% higher than the national average, and it has a 4-star health rating.

E R R L Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics E R R L NCUA # 4871 BankRate Report View Year Chartered 1942 Employees 0 Primary Regulator Assets and Liabilities Assets $1.83 million Loans $591,000 Deposits $1.63 million Equity Capital $201,000 Loan Loss Allowance $14,000 Unbacked Noncurrent Loans $42,000 Historic Data - December 2010 Assets $1.71 million Equity Capital $197,000 Loan Loss Allowance $15,000 Unbacked Noncurrent Loans $39,000 Profit Margin - Quarterly Net Interest Margin 6.57% Return on Assets 0.16% Return on Equity 1.49% Interest Income $66,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 E R R L Credit Union had $42,000 in non-current loans and owned real-estate with $215,000 in equity and loan loss allowances on hand to cover it. This gives E R R L Credit Union a Texas Ratio of 19.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for E R R L Credit Union held steady from 18.40% as of December 31, 2010 to 19.53% as of December 31, 2011, resulting in a negative change of 6.19%. This indicates that the balance sheet and financial strength for E R R L Credit Union has held steady in recent periods. Deposit Growth In the past year, E R R L Credit Union has increased its total deposits by $117,000, resulting in 7.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth E R R L Credit Union has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. E R R L Credit Union has $1.83 million in assets with $215,000 in equity, resulting in a capitalization level of 11.72%, which is above average.

No reviews have been left for this bank yet. Be the first to review.