A fixture in Huntsville and Decatur
It ranks 2 of 440 in Huntsville, behind only United Wholesale Mortgage, with 5.5% of the market, up 0.1 points; it has lent there since before 1990. In Decatur it ranks 3 of 240, with 5.3%, unchanged.
Applications / Mortgage Analytics / Lenders / Alabama / Redstone Federal Credit Union
Redstone Federal Credit Union
Huntsville, AL · Credit union · NCUA · $8.4 billion assets · 3,221 loans in 2025
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3,221
loans originated, 2025
5,403
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Redstone Federal Credit Union ranks second among lenders in Huntsville, where its share held steady, though its 2025 growth was slower than most similar credit unions'.
Slower growth than peers
Loans rose 2% to 3,221, lower than about three in four similar lenders (credit unions making between half and twice as many loans), whose typical growth was 9%; the whole market grew 10%. Lending remains below the 4,739 loans of 2020.
Higher rates on a mix of smaller loans
Its typical rate, 8.12%, was higher than nearly all peers', against 7.00%, and 2.3% of loans were higher-priced (a rate well above the average for similar loans), against 1.3%, down from 6.8% five years earlier. Home improvement (27.6%) and other purposes (18.7%) make up much of its lending, and its typical loan is $105,000; that mix could account for the higher rate.
More LMI borrowers, and some government lending
Low- and moderate-income (LMI) borrowers took 30.8% of its loans, higher than about seven in ten peers. Unusually for a credit union of its size, it makes VA loans (guaranteed by the Department of Veterans Affairs), 2.6% of its lending, where a typical peer makes none.
Questions the data can answer next
- How do its rates compare with peers' by loan purpose and loan type?
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
3,221 loans in 2025, against a peak of 4,799 in 2021.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Redstone Federal Credit Union took 5,403 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
30.7% of its 2025 loans were refinance loans; 95.2% were Conventional.
Refinance 30.7% · Home improvement 27.6% · Purchase 23.0% · Other 18.7%
Conventional 95.2% · VA 2.6% · FHA 1.9% · USDA (RHS or FSA) 0.3% · of 3,221 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
3 states, 20 metros, 69 counties
| State | Loans | Share |
|---|---|---|
| Alabama | 2,768 | 85.9% |
| Tennessee | 452 | 14.0% |
| Mississippi | 1 | 0.0% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Huntsville | 1,938 |
| Decatur | 319 |
| Nashville-Davidson--Murfreesboro--Franklin | 246 |
| Birmingham | 43 |
| Florence-Muscle Shoals | 26 |
| Chattanooga | 12 |
| Auburn-Opelika | 11 |
| Gadsden | 7 |
| Anniston-Oxford | 6 |
| Daphne-Fairhope-Foley | 6 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300G6RZM5T8NQJW74 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 308489 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 57544 | 1990–2017 |
Established 1 January 1951. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Redstone Federal Credit Union's data.
The data and the software behind 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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