THE INSTITUTION'S SCORE
Capital works as a buffer against losses and as protection for members when a credit union is experiencing economic instability. Therefore, an institution's level of capital is an important measurement of its financial resilience. When looking at safety and soundness, the more capital, the better.
On our test to measure capital adequacy, ERIE POLICE achieved a score of 30 out of a possible 30 points, exceeding the national average of 15.65.
ERIE POLICE appears to be more well prepared for financial trouble than its peers, with a capitalization ratio of 30.00 percent in our test, better than the average for all credit unions.