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Erie Times Federal Credit Union

Overview / Commentary
335 Metz St
Erie, PA 16508

Erie Times Federal Credit Union is headquartered in Erie and is the 284th largest credit union in the state of Pennsylvania. It is also the 4,464th largest credit union in the nation. It was established in 1935 and as of March of 2019, it had grown to 3 employees and 1,101 members at 1 location. Erie Times Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in Erie Times Federal Credit Union is open to those who live, work, attend school or worship in the cities of Erie or North East, Pennsylvania and to employees of Camboro Veterinary Hospital, Glenwood Pet Hospital, Rodgers Bros., Sue’s Notary, JD Byrider/CNAC, Cap/Plugs, Liberty Iron and over 15 local Select Employer Groups.
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Additional 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 Times Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #776
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD-0.61%
Return on Equity - YTD-3.63%
Annual Interest Income$39.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$5.9MM$6.8MM
LoansQ1 2019vs Q1 2018$790.00K$1.3MM
DepositsQ1 2019vs Q1 2018$5.0MM$5.7MM
Equity CapitalQ1 2019vs Q1 2018$992.00K$1.0MM
Loan Loss AllowanceQ1 2019vs Q1 2018$24.00K$21.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$0$16.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
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Erie Times Federal Credit Union Savings Account Rates

0.15%--Individual Retirement Account
0.01%--All Clubs

Erie Times Federal Credit Union Locations
Branch Office335 Metz StErie, PA 16508-2723

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