Erie Community CU (PA)

Erie Community CU (PA) is headquartered in Erie and is the 57^th largest credit union in the state of Pennsylvania. It is also the 1,468^th largest credit union in the nation. It was established in 1976 and as of December of 2011, it had grown to 30 employees and 15,124 members. Erie Community CU (PA) has a 4-star health rating.

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Data for Q4 2011

Institution Statistics ERIE COMMUNITY NCUA # 63648 BankRate Report View Year Chartered 1976 Employees 30 Primary Regulator Assets and Liabilities Assets $95.44 million Loans $53.93 million Deposits $87.45 million Equity Capital $7.72 million Loan Loss Allowance $538,000 Unbacked Noncurrent Loans $836,000 Real Estate Owned $149,000 Historic Data - December 2010 Assets $92.85 million Equity Capital $7.08 million Loan Loss Allowance $454,000 Unbacked Noncurrent Loans $353,000 Profit Margin - Quarterly Net Interest Margin 4.93% Return on Assets 0.45% Return on Equity 5.62% Interest Income $4.08 million Non-Interest Income $911,000

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 Erie Community CU (PA) had $985,000 in non-current loans and owned real-estate with $8.26 million in equity and loan loss allowances on hand to cover it. This gives Erie Community CU (PA) a Texas Ratio of 11.93% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Erie Community CU (PA) increased slightly from 4.68% as of December 31, 2010 to 11.93% as of December 31, 2011, resulting in a negative change of 154.70%. This indicates that the balance sheet and financial strength for Erie Community CU (PA) has declined slightly in recent periods. Deposit Growth In the past year, Erie Community CU (PA) has increased its total deposits by $1.92 million, resulting in 2.24% 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 Erie Community CU (PA) has shown is above average. 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. Erie Community CU (PA) has $95.44 million in assets with $8.26 million in equity, resulting in a capitalization level of 8.65%, which is average.

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