Faster growth than most peers
Originations rose 29% to 1,668, while similar lenders (credit unions making between half and twice as many loans) grew 9% and the whole market 10%. Its growth was higher than nearly nine in ten of them.
Applications / Mortgage Analytics / Lenders / Kentucky / L&N Federal Credit Union
L&N Federal Credit Union
Louisville, KY · Credit union · NCUA · $2.5 billion assets · 1,668 loans in 2025
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1,668
loans originated, 2025
2,146
applications, 2025
7
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
L&N Federal Credit Union is a Louisville credit union that grew 29% in 2025, faster than nearly nine in ten similar lenders, and gained share in its home market.
Other-purpose loans lead a broad mix
Other-purpose loans made up 41.3% of its lending, refinances 26.7%, home purchases 26.0% and home improvement 6.0%. All of it, 100.0%, was conventional, as at most peers. Its typical loan was $105,000, against $115,000 at similar lenders, and its typical rate, 7.00%, matched theirs.
More lending in LMI areas than most peers
Loans in LMI (low- and moderate-income) areas were 20.9% of its lending, against 14.9% at similar lenders, higher than about nine in ten of them. LMI borrowers took 31.1%, against 26.9%, higher than about three in four. Its denial rates were lower than peers': 3.2% for home purchases against 6.2%, and 10.7% for refinances against 20.0%.
Gaining share in Louisville
In Louisville/Jefferson County, where it has lent since before 1990, it ranked 11 of 510 lenders, its share rising 0.4 points to 1.8%. In Bowling Green its share rose 0.1 points to 0.2%.
Questions the data can answer next
- Which Louisville counties and tracts account for its share gain and its LMI-area lending, and which lenders lost share there?
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
1,668 loans in 2025, against a peak of 2,558 in 2020.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. L&N Federal Credit Union took 2,146 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
41.3% of its 2025 loans were other loans; 100.0% were Conventional.
Other 41.3% · Refinance 26.7% · Purchase 26.0% · Home improvement 6.0%
Conventional 100.0% · of 1,668 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
7 states, 14 metros, 77 counties
| State | Loans | Share |
|---|---|---|
| Kentucky | 1,519 | 91.1% |
| Indiana | 135 | 8.1% |
| Ohio | 6 | 0.4% |
| Tennessee | 5 | 0.3% |
| Georgia | 1 | 0.1% |
| North Carolina | 1 | 0.1% |
| Utah | 1 | 0.1% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Louisville/Jefferson County | 1,046 |
| Cincinnati | 126 |
| Elizabethtown | 8 |
| Lexington-Fayette | 8 |
| Bowling Green | 6 |
| Clarksville | 3 |
| Knoxville | 3 |
| Asheville | 1 |
| Canton-Massillon | 1 |
| Evansville | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300OHIEQGELZVJP60 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 159588 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 59260 | 1990–2017 |
Established 1 January 1954. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: L&N Federal Credit Union's data.
The data and the software behind these pages
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