Applications / Mortgage Analytics / Lenders / Arizona / Desert Financial Credit Union
Phoenix, AZ · Credit union · NCUA · $9.5 billion assets · 10,566 loans in 2025
Desert Financial Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
10,566
loans originated, 2025
16,989
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Desert Financial Credit Union grew 21% in 2025, more than twice the pace of similar lenders, through small home improvement and refinance loans made almost entirely in Arizona.
It made 10,566 loans, up from 3,446 in 2020, while similar lenders (credit unions making between half and twice as many loans) grew 9% in 2025. Home improvement loans were 45.2% of its lending and purchase loans only 7.0%.
It ranks 3 of 879 in Phoenix-Mesa-Chandler, where its share rose 0.5 points to 2.8%. Share also rose in Flagstaff and Prescott Valley-Prescott.
Loans to LMI (low- and moderate-income) borrowers were 32.7%, higher than nearly nine in ten similar lenders, and loans in LMI areas were 18.9%, higher than about nine in ten. Lending in majority-minority areas, 27.4% against 8.8% for peers, has risen from 15.2% five years ago. The make-up of the Phoenix area may account for much of this.
Higher-priced loans (a rate well above the average for similar loans) were 0.1%, and its typical rate of 6.49% was lower than about four in five peers. It turned down 15.6% of first-lien home-purchase applications on owner-occupied homes and 52.7% of refinance applications, against 6.6% and 20.2% for similar lenders, higher than nearly nine in ten of them on both. Such loans are a side line for a lender whose business is mainly home-improvement and other loans; applicants turned down for a first-lien refinance could be offered one of those instead.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Desert Financial Credit Union took 16,989 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 45.2% · Refinance 27.6% · Other 20.2% · Purchase 7.0%
Conventional 100.0% · of 10,566 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Arizona | 10,566 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Phoenix-Mesa-Chandler | 9,981 |
| Prescott Valley-Prescott | 192 |
| Flagstaff | 94 |
| Tucson | 82 |
| Lake Havasu City-Kingman | 22 |
| Yuma | 16 |
| Sierra Vista-Douglas | 9 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300HFXTV55C2HHM89 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 622475 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 53238 | 1990–2017 |
Established 1 January 1939. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Desert Financial Credit Union's data.
Desert Financial Credit Union's data
$215
Desert Financial Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Desert Financial Credit Union's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]