Erie Firefighters Federal Credit Union
Overview / Commentary
Erie Firefighters Federal Credit Union is headquartered in Erie and is the 266th largest credit union in the state of Pennsylvania. It is also the 4,390th largest credit union in the nation. It was established in 1953 and as of June of 2017, it had grown to 2 employees and 795 members at 1 location. Erie Firefighters Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to employees of the City of Erie Fire Department.
See current membership details
Health
C+
Data as of Q2 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Erie Firefighters Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8625 |
| Year Chartered | 1953 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.45% |
| Annual Interest Income | $115.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $8.4MM$8.7MM |
| Loans | Q2 2017vs Q2 2016 | $2.3MM$2.2MM |
| Deposits | Q2 2017vs Q2 2016 | $7.6MM$7.9MM |
| Equity Capital | Q2 2017vs Q2 2016 | $753.00K$723.00K |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $24.00K$18.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $34.00K$50.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
Rates
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Erie Firefighters Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.21% | $100 | - | Share Savings Account |
Locations
| Erie Firefighters Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3204 Maple St | Erie, PA 16508-2611 |