Federal credit union · Erie, Pennsylvania · NCUA charter #14247
I B E W Local 56
Health score 68/100, grade C (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 68
- Health / 100
- $10.8M
- Total assets
- 1,570
- Members
- 12.5%
- Net-worth ratio
I B E W Local 56 scores 68/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $10.8M; members 1,570; net-worth ratio 12.51%; health rank #3,712 of 4,374; healthier than 15th of scored peers.
Title II Call Report masthead
NCUA 5300 Call Report Masthead
#3,712 of 4,374 health · 2025Q4I B E W Local 56 · health 68/100 · $10.8M · 2025Q4
- NW 68/100
- DELQ 12.5%
- ROA 3.07%
- ASSETS 1.62%
- MEM $10.8M
- RANK 1,570
- PHOTO #3,712/4,374
- BOOK Met Tran
- CHARTER 14247
Call Report peers
I B E W Local 56 in the assets neighbourhood
I B E W Local 56's $10.8M assets sit next to Met Tran ($10.8M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
I B E W Local 56 vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
68 15th percentile higher than 15% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
I B E W Local 56 - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #14247. See our deposit-insurance coverage note.
I B E W Local 56 vs $10M–$50M peers
- Return on Assets leads the peer set - 1.62% here, 0.70% peer average (+0.91 pp).
- Loan-to-Share Ratio trails the peer set - 51.17% here, 59.80% peer average (-8.63 pp).
Peer averages are NCUA 5300 means for the $10M–$50M cohort (1163 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
I B E W Local 56: in-state Call Report ranks
- Health composite ranks #228 of 275 among scored Pennsylvania credit unions.
- Pennsylvania assets place: #208 of 275.
- Membership ranks #185 of 275 among Pennsylvania CUs with a reported count (1,570 members).
In-state ordinals use the live credit_unions table for PA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How I B E W Local 56's 5300 filing moved
I B E W Local 56: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.5% from $10.8M (2025Q4) to $10.9M (2026Q1).
- Net-worth ratio shifted +0.10 pp (12.41% → 12.51%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 12.51%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 68/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 68.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 5.8 pts
- Return on Assets 15.0 pts
- Member Growth 6.2 pts
- Loan-to-Share Ratio 11.0 pts
Call Report ratios for I B E W Local 56
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.51% | -2.35 pp |
| Delinquency Rate | 3.07% | +1.93 pp |
| Return on Assets | 1.62% | +0.91 pp |
| Member Growth | -1.57% | - |
| Loan-to-Share Ratio | 51.17% | -8.63 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $10.9M | - |
| 2025Q4 | $10.8M | 1,570 |
| 2024Q4 | $11.0M | 1,595 |
| 2023Q4 | $10.8M | 1,614 |
Credit Union Details
- Charter Number
- 14247
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Pennsylvania
- City
- Erie
- Data Quarter
- 2025Q4
Branch Locations (2)
The NCUA branch filing lists 2 physical offices for I B E W Local 56.
| Office | City |
|---|---|
| IBEW Local #56 Federal Credit Union (Main Office) | Erie, PA |
| IBEW Local #56 | Erie, PA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Pennsylvania
Other federally-insured credit unions in Pennsylvania, closest first by peer group and asset size.
I B E W Local 56 nationwide neighbourhoods
Two NCUA Call Report peer sets for I B E W Local 56, both outside Pennsylvania so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($10.8M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (68/100 here).
Using this data
- I B E W Local 56 ranks #3,712 of 4,374 nationally on financial health and #228 of 275 in PA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Cmc-Fcpi Employees is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Cmc-Fcpi Employees
- Rates and health both vary by institution, not just by state -- see how Pennsylvania credit unions compare overall before assuming this one is typical. Pennsylvania state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is I B E W Local 56 financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, I B E W Local 56 carries a financial health score of 68/100 (Good). On the national health ranking (same basis as /rankings/healthiest), it sits at #3,712 of 4,374; by total assets it ranks #3,522 of 4,374 nationally (same basis as /rankings/largest); and #208 of 275 within Pennsylvania. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 12.51% net worth ratio and a 3.07% delinquency rate.
How does I B E W Local 56 compare to other credit unions?
68/100 is I B E W Local 56's score on PlainCU's health composite, compared to a peer group average for $10M–$50M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join I B E W Local 56?
I B E W Local 56 operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact I B E W Local 56 directly for the exact boundaries and application steps.
Is my money safe at I B E W Local 56?
Federal credit unions like I B E W Local 56 are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. I B E W Local 56's net worth ratio of 12.51% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does I B E W Local 56 offer compared to banks?
Credit unions like I B E W Local 56 are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact I B E W Local 56 directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.