Erie Times Federal Credit Union


Overview / Commentary
888-453-7112
335 Metz St
Erie, PA 16508

Erie Times Federal Credit Union is headquartered in Erie and is the 282nd largest credit union in the state of Pennsylvania. It is also the 4,441st largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 3 employees and 1,039 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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Health
C+
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

Overall
NCUA #776
Year Chartered1935
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD-0.41%
Return on Equity - YTD-2.42%
Annual Interest Income$82.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$5.9MM$6.5MM
LoansQ2 2019vs Q2 2018$768.00K$876.00K
DepositsQ2 2019vs Q2 2018$4.9MM$5.5MM
Equity CapitalQ2 2019vs Q2 2018$990.00K$1.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$22.00K$24.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$0$9.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates
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Erie Times Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Individual Retirement Account
0.02%$25-Shares
0.01%--All Clubs
Locations


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

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