Overview / Commentary
Erie Police Federal Credit Union is headquartered in Erie and is the 295th largest credit union in the state of Pennsylvania. It is also the 4,563rd largest credit union in the nation. It was established in 1953 and as of June of 2022, it had grown to 480 members at 2 locations. Erie Police Federal Credit Union has a C+ health rating.
Health
C+
Data as of Q2 2022
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 Police Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8626 |
| Year Chartered | 1953 |
| Employees | 0 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 1.2% |
| Annual Interest Income | $37.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $2.8MM$2.7MM |
| Loans | Q2 2022vs Q2 2021 | $1.2MM$1.2MM |
| Deposits | Q2 2022vs Q2 2021 | $2.2MM$2.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $597.00K$591.00K |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $15.00K$15.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |