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.
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NCUA 5300 Call Report Masthead
#3,712 of 4,374 health · 2025Q4I B E W Local 56 · health 68/100 · $10.8M · 2025Q4
Call Report peers
I B E W Local 56 in the assets neighbourhood
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I B E W Local 56 vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); I B E W Local 56 sits in 65-69 with 275 others.
68 15th percentile higher than 15% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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).
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).
- One place up in Pennsylvania, Wayland Temple Baptist (#227) ties at 68/100; one place down, Affiliated Trades (#229) ties at 68/100.
How I B E W Local 56's 5300 filing moved
I B E W Local 56: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +1.5% from $10.8M (2025Q4) to $10.9M (2026Q1).
- Net-worth ratio shifted +0.10 pp (12.41% → 12.51%).
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
I B E W Local 56 gives up 32 points in total. Delinquency Rate costs the most, 19.2 of its 25; Net Worth Ratio and Return on Assets score full marks.
- 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 |
Peer averages: $10M–$50M cohort, 1163 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is I B E W Local 56 financially healthy?
I B E W Local 56 has a financial health score of 68/100 (Good) from its 2025Q4 NCUA 5300 Call Report. It ranks #3,712 of 4,374 nationally on health and #228 of 275 in Pennsylvania. Its net worth ratio is 12.51% and its delinquency rate 3.07%.
How does I B E W Local 56 compare to other credit unions?
I B E W Local 56 scores 68/100, higher than 15% of the 4,374 scored credit unions. Against the 1163 peers in the $10M–$50M cohort, its widest edge is return on assets (1.62% vs 0.70%). Its widest shortfall is loan-to-share ratio (51.17% vs 59.80%).
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?
I B E W Local 56 is a federal credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.