I B E W LOCAL 56
Federal • Erie, Pennsylvania • Est. 1961
Quick Facts
- Charter Number
- #14247
- Type
- Federal
- Established
- 1961
- Headquarters
- Erie, Pennsylvania 16502-2401
- Address
- 962 W 20TH ST
- Branches
- 2
- Members
- 1,544
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 6% and a delinquency rate below 3%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
1,544 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | I B E W LOCAL 56 |
|---|---|
| Total Assets | $10.9M |
| Members | 1,544 |
| Loans Outstanding | $4.8M |
| Shares & Deposits | $9.6M |
| Net Worth | $1.4M |
| Net Worth Ratio | 12.51% |
| Loan-to-Share Ratio | 50.5% |
| Delinquency Rate | 2.80% |
| Net Income | +$0 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
2 locations
IBEW Local #56 Federal Credit Union
Main Office962 W 20TH ST
Erie, PA 16502-2401
IBEW Local #56
185 Pennbriar DR
Erie, PA 16509
Who Can Join I B E W LOCAL 56?
Membership Type: Community
Membership eligibility for I B E W LOCAL 56 may vary. Contact the credit union directly to confirm qualification requirements.
Contact I B E W LOCAL 56 directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Pennsylvania
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Pennsylvania RankingsFrequently Asked Questions
I B E W LOCAL 56 is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, I B E W LOCAL 56 has 1,544 members and a potential membership field of 2,312 people.
I B E W LOCAL 56's reported net worth ratio is 12.51% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
I B E W LOCAL 56 operates 2 branch locations. The main office is located at 962 W 20TH ST, Erie, PA 16502-2401.
I B E W LOCAL 56 was established in 1961. It is a federal credit union chartered under charter number 14247. The institution has been serving members for 65 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or I B E W LOCAL 56. All financial data is for informational purposes only.