# ERIE
Erie, PA · NCUA charter 1476 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/erie-1476

Who the members are: federal charter, community charter, organized 1936, low-income designated. 81,063 members of 355,000 potential (22.8% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $813.8M |
| Members | 81,063 (2.2% YoY) |
| Full-time staff | 217 |
| Net worth | $81.4M |
| Net worth ratio | 10.0% (p43 of band) |
| ROA (annualized) | 0.23% (p18 of band) |
| Total delinquency | 0.56% (p49 of band) |
| Net charge-offs (annualized) | 0.41% (p50 of band) |
| Loans / shares | 69% (p22 of band) |
| Cash / assets | 9.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.58% (p61 of band) |
| Operating expense / assets | 4.19% (p79 of band) |
| Vehicles % of loans | 47% (p85 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 269% (p87 of band) |
| Vehicle delinquency | 0.54% (p47 of band) |
| Vehicle NCO | 0.77% (p46 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 97% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 30% |
| Average share balance | $5,179 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $17.4M |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $16,733 |
| Loans granted, annualized | $182.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $17.4M outstanding purchased (21.4% of net worth), $2.0M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -2.4% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | 3rd-party paper>100% NW |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | delinquency rising |  |
| 2018-09 | 1 |  | delinquency rising |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 3 | thin capital, net worth falling |  |
| 2021-06 | 1 |  | thin capital, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | delinquency rising |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | leaning on borrowings | delinquency rising |
| 2023-03 | 2 | net worth falling | leaning on borrowings |
| 2023-06 | 2 | delinquency rising | net worth falling |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | net worth falling |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | net worth falling |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-05 [Joseph J. Walko Obituary - Erie Times-News](https://news.google.com/rss/articles/CBMiWEFVX3lxTFBfT3IwN25zVWsybF83LWx2SEZCTzN2QnlhUHVLTDBBUXg5cTBuUHdsVThtb1RkblZtVE0zWVJUc3F0SU9JcjZSNjZIWm44UUlnZjJNY1NQSjA?oc=5) · Erie Times-News
- 2026-05-20 [Six Charged In $1.3-Million Fraud Scheme Targeting Banks, Credit Unions With Stolen Tax Refund Checks - cutoday.info](https://news.google.com/rss/articles/CBMi0gFBVV95cUxONlFVdmtoV2RvM3lHNG9MaHlDRUVqYzZRVlNtUFJrYnNlNHlENXkwQlk5RWVIRV82cGVkRGEzUUJQbnFiRXljc0wzMU1MdVlUOHoyaHNmaVhmcGFjM2QzVERvRHRhR2JwdE1aNDJKSTRCSFFVZEhmc1VaZ0tBQnZ5ZTVESzVwcWRyZ0l0SlRtb0dJVG95dU9jc0lOZGFZX0NrcjBWcnRHUlUyN3RJMEhNazRLYjcyeGFNOG5oOGZidXY3R1BYN09aVUJFUVdPWjcyMmc?oc=5) · cutoday.info
- 2026-05-18 [Fraud Ring Allegedly Uses Fake IDs to Steal $1.3 Million From Credit Unions & Banks - CUTimes](https://news.google.com/rss/articles/CBMitwFBVV95cUxOalptaG1aZFFoQnBqZmpIMlN0RXo2S2lxN3pGaks3Y3lPTmRkN2hqdzJjLW9MNGJERExTZ1hYbWlLOEdfdFZ3elM4aDlNUVB1RzY5ZHVDcmdFVlkxSHJTOE9lU1dHTDJMSm9vYWpVR1NMeENnbENSN2lXZ2xzNi1od0o0QXlOb2lwNzhoMjBGLXI4WlJMWXExSDA3dDVvLVJHaTY3QUJ5WHRreEZsMUxURkVLN3ZvNzQ?oc=5) · CUTimes
- 2026-05-17 [Jane Jane Daugherty - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxPUk0xYU9hWmVxNUp4VlJvMGVKZHZMV05YRVhkZ0Q2MnE0amljcWExTnNtRDA0LVcyRWRhcFZ1TVlrN3h1T1d1NnVadzNoM3YzZDMwN2R0X0s0NXZFUnlYWkxFLTNwMDlPYnJQbDFjNmRmakNESkN3WlJtWThZSWJFeG1FUQ?oc=5) · legacy.com
- 2023-09-06 [Erie Federal Credit Union unveils new branch in Fairview Township - yourerie.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOdGZUR0ZRWGNIcWZTcnVOMkdTZElnOUJZTExSZmktMmFyWTA0dnZyV2REd0c2OUM5d1FOQmMzVldQb25DaGRib3F5UXpWQjk4MHIwYmxGYWU5a1pUVEh4aHdJbi13Q0dpZEphN2MzYlllWGlRQUl6NjRfZTlMNEFZYUw4TmN4Qmt2SHBmS3ozdVR4NE5RejQtZE5LdHlLTjN2ZURvWlV2VVBsQmvSAbABQVVfeXFMTWJNbmwzQjE2a3dacnV6UVh4MEpmLWUxdlBEWE9qWERCcjhGZFFpc18yODBPeWpLZ19MOG9OT2FHTGg5V1hBYzd3NDkzTjVBSHZYWUFxNGFndWNuMHBJMmRDZEVtUjhDOVdENEFHZFdfRmJIRDNFdURUZFNrTVhfQ3lTU2NEZGN4Tkd3bVJsakY4a1dWM2xPQ1BmMU54bk9nN19mYTB2UG1wR3NDenkwNTk?oc=5) · yourerie.com
- 2026-01-10 [Mary Julia "Judy" (Shanley) Brieger Obituary - Erie Times-News](https://news.google.com/rss/articles/CBMiWEFVX3lxTFBrQUlyaE1DOWVtTUk4Ym9SclFMTWpBUXNKaGhtdU9ZZTdNSnNydGlKbkNobzRpUWNYWHFCYkQydjFHWk4ydnlLVWJsSTRjVGctR3N1RUxmQ0c?oc=5) · Erie Times-News
- 2023-10-18 [Credit union membership plateaus as competition heats up - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOOHZDd1BBVDR4MnhZU25hdlBwUGRaQl91bTFHTFZDVl9PTDc2SWtVTkg2OERBSUxEUl9iaHpjUVhnT29ySFQxR0J0ejJLSU1KRFhURm5rLUdrbVVCS1UwRHJYbFhGMERTQWJBVUtvTWFBQkR4bW9xWnJaZWN3eDc3SUtnR0h1b2k0b25zUzAxdGZKaEdocnlDbVFiWXg4VWQwYzdUa3dQODk?oc=5) · American Banker
- 2025-06-13 [Armco Credit Union grows again, adds first Erie County branch through merger - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOX2ZvZy1HbU91SlNLTEM1dUtwQjB1cm4tRm5hMTdXQ3FzZ0c5MDdtSldwS2Q1ZEVudGlFLVBldzlNY1NVZFpQcFB3Mk9EWkdsajRtNHBlZHRPdE5nUlE1Q0UwZWxGeTNrWTZCc0FSbG1UVVVUQnNoZkdGWVZZUFVwdEZGZ0c4eU1nWTA5QmxsZFhTT3pSV0xxWkNSVU5laGZjcWhn?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1476 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/4.json (key "1476", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=1476
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide