I B E W Local 56 Credit Union
Erie, PA
$10.8M
total assets, June 30, 2026
$10.8M
total assets, June 30, 2026
I B E W Local 56 Credit Union is a federal credit union based in Erie, PA. As of June 30, 2026 it held $10.8 million in assets and $9.41 million in deposits; assets were down 1.5% from a year before. It has 1,553 members and 2 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$10.8M
-1.5% in a year · -0.9% in a quarter
Deposits
$9.4M
-3.0% in a year · -1.5% in a quarter
Loans
$4.9M
+2.2% in a year · +1.9% in a quarter
Profit so far
$67K
Jan 1 to Jun 30, 2026 · -24.8% in a year
Net worth ratio
12.96%
+1.44 pts in a year
Return on assets
1.23%
-0.38 pts in a year
Facts
- Type
- Federal credit union
- Head office
- 962 West 20th Street, Erie, PA, 16502
- Established
- Jan 1, 1961
- Employees
- 3
- Members
- 1,553
- Branches
- 2
- Id
- cu14247
Quarter by quarter
June 30, 2002 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets is a yearly rate.
Branches
2 offices as of June 30, 2026
| County | Branches |
|---|---|
| Erie, PA | 2 |
| Office | Place |
|---|---|
| IBEW Local #56 Federal Credit Union (main office) | Erie, PA |
| IBEW Local #56 | Erie, PA |
Related pages
Questions and answers
How big is I B E W Local 56 Credit Union?
$10.8 million in total assets and $9.41 million in deposits as of June 30, 2026, with assets down 1.5% from a year before. Its loans were $4.92 million.
How many branches does I B E W Local 56 Credit Union have?
2 branches in Pennsylvania as of June 30, 2026.
How many members does I B E W Local 56 Credit Union have?
1,553 members as of June 30, 2026, down 0.1% from a year before.
Is I B E W Local 56 Credit Union profitable?
Yes: it earned $66,898 from January 1 to June 30, 2026 (down 24.8% from the same months a year before). Its return on assets was 1.23% a year; about 1% is typical.
Official public data from the reports every insured credit union files each quarter. Profit so far runs from January 1 to the quarter end. Credit union branch lists have no deposits or map positions. New quarters appear about two months after the quarter ends.