Applications / Mortgage Analytics / Lenders / Wisconsin / Educators Credit Union
Mount Pleasant, WI · Credit union · NCUA · $3.7 billion assets · 3,282 loans in 2025
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3,282
loans originated, 2025
5,470
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Educators Credit Union is the leading mortgage lender in Racine-Mount Pleasant, making smaller loans than nearly all similar credit unions and more of them in low- and moderate-income areas.
Its typical loan was $75,000 against $105,000 at similar lenders (credit unions making between half and twice as many loans), smaller than nearly all of them. Other-purpose loans were 44.0% of its lending and refinancing 33.1%, with home purchases at 22.9%.
Low- and moderate-income (LMI) tracts took 25.5% of its loans, against 14.7%, higher than nearly all peers, and LMI borrowers 32.0%, higher than three in four. Majority-minority tracts took 20.8%, against 9.1%, up from 10.9% five years before. Its markets, Racine, Kenosha and Milwaukee, may account for much of this.
It ranks 1 of 285 in Racine-Mount Pleasant with 9.6%, 4 of 257 in Kenosha with 5.3%, and 14 of 510 in Milwaukee-Waukesha, where its 2.0% share was unchanged. It merged with Empower Credit Union in 2025.
Originations rose 7% to 3,282, a little below the middle of peers, whose typical growth was 9%, and well below the 5,624 of 2020. 3.5% of loans were higher-priced (a rate well above the average for similar loans), against 1.3%, higher than three in four peers; possible reasons include its other-purpose loans or its small loan sizes, while its typical rate of 6.88% sits near the middle.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Educators Credit Union took 5,470 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Other 44.0% · Refinance 33.1% · Purchase 22.9%
Conventional 99.7% · VA 0.3% · of 3,282 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 |
|---|---|---|
| Wisconsin | 3,267 | 99.5% |
| Illinois | 15 | 0.5% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Milwaukee-Waukesha | 1,513 |
| Racine-Mount Pleasant | 995 |
| Kenosha | 399 |
| Janesville-Beloit | 109 |
| Madison | 17 |
| Sheboygan | 15 |
| Lake County | 6 |
| Rockford | 5 |
| Appleton | 4 |
| Chicago-Naperville-Schaumburg | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300FS35FQXZRU4Z45 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 915298 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 566448 | 1990–2017 |
Established 1 January 1937. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Educators Credit Union's data.
Educators Credit Union's data
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Educators 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.
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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.
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