B
I B E W Local 56 Federal Credit Union
EriePA
Rating Date
December 2025
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.4 and a net worth ratio of 12.4. Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Excellent (9.6) profitability.
Other Rating Factors: A current level of 7.8 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.3). Good liquidity 6.0, driven by a liquidity ratio of 32.5 percent and a “hot money” ratio of 0.0 percent.
Asset Mix: Consumer loans (31%), home mtgs (9%), other (60%)
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Corporate Info
Address
962 West 20 Street
Erie, PA 16502
Phone Number
(814) 455-2270
NCUA Charter Number