Erie Firefighters Federal Credit Union
Overview / Commentary
Erie Firefighters Federal Credit Union is headquartered in Erie and is the 250th largest credit union in the state of Pennsylvania. It is also the 4,205th largest credit union in the nation. It was established in 1953 and as of June of 2018, it had grown to 2 employees and 788 members at 1 location. Erie Firefighters Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of the City of Erie Fire Department.
See current membership details
Health
B
Data as of Q2 2018
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 | 0.59% |
| Return on Equity - YTD | 6.8% |
| Annual Interest Income | $127.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $9.1MM$8.4MM |
| Loans | Q2 2018vs Q2 2017 | $2.7MM$2.3MM |
| Deposits | Q2 2018vs Q2 2017 | $8.2MM$7.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $794.00K$753.00K |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $29.00K$24.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $27.00K$34.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $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 | - | Savings |
Locations
| Erie Firefighters Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3204 Maple St | Erie, PA 16508-2611 |