Credit union · NCUA insured
Locomotive & Control Employees Federal Credit Union
A $19.9M credit union headquartered in Erie, PA, with 901 members and 1 branch in Pennsylvania. Best rates: CDs 3.50% and savings 0.20% APY.
Locomotive & Control Employees Federal Credit Union Carrot Score
66
Carrot Score
Higher than 16% of U.S. banks and credit unions
#14 of 17 in Erie, PA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Locomotive & Control Employees Federal Credit Union
Locomotive & Control Employees Federal Credit Union is a federally chartered credit union based in Erie, Pennsylvania, that was chartered in 1936.
- Headquarters
- 1286 E 38th St, Erie, PA 16504-3039
- NCUA charter
- 1111
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to employees and retired employees of General Electric Co., and employees of Wabtec Corporation, Erie Cotton Products, Presque Isle Rehabilitation & Nursing, and Dusckas, Dusckas-Martin and Edward J. Garr funeral homes.
Family and household
- Membership is open to immediate family members including spouse, children, step-children, parents, sisters, brothers, grandparents, and grandchildren.
Cost to join
- A minimum balance share deposit of $5.00 is required in a primary share account.
Branches
1 branch in Pennsylvania
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Pennsylvania
1 branch
- Main OfficeMain office1286 E 38th St, Erie, PA 16504Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 26.10% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.71% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.59% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $31 | $59 | — |
- CapitalNet worth ratio26.10%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.71%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.59%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$31Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Locomotive & Control Employees Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.