Applications / Mortgage Analytics / Lenders / Alabama / Avadian Credit Union
Hoover, AL · Credit union · NCUA · $1.4 billion assets · 1,015 loans in 2025
Avadian Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
1,015
loans originated, 2025
1,339
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Avadian Credit Union is an Alabama credit union lending mainly small home-improvement and other-purpose loans, whose originations held level in 2025 while similar credit unions grew.
It made 1,015 loans, against 1,017 the year before, while similar lenders (credit unions making between half and twice as many loans) grew a typical 9% and the whole market 10%. The data do not say why; a choice to hold lending steady, or more competition in its markets, are possibilities.
Other-purpose loans were 38.8% of originations and home improvement 28.9%; purchases were 22.8%. Its typical loan was $85,000, against $105,000 at peers and $215,000 five years before, when it made 1,168 loans worth $279.5 million, against $162.3 million now.
It ranked 19 of 523 lenders in Birmingham, AL, with its share down to 1.3% from 1.6%, and 29 of 440 in Huntsville, AL, down to 0.9% from 1.0%. Level lending in markets that grew could produce that; other lenders gaining is another possibility.
Its typical rate was 4.99%, lower than nearly all peers (7.00%); the data do not show the terms of each loan type. Its denial rate on home-purchase applications was 3.2%, against 6.1% at peers. Loans in low- and moderate-income (LMI) areas were 10.9%, lower than about five in six peers (15.1%); the make-up of its largest markets is one possibility, which the data here do not test.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Avadian Credit Union took 1,339 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Other 38.8% · Home improvement 28.9% · Purchase 22.8% · Refinance 9.6%
Conventional 96.9% · FHA 1.6% · VA 1.4% · USDA (RHS or FSA) 0.1% · of 1,015 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 |
|---|---|---|
| Alabama | 1,005 | 99.0% |
| Florida | 6 | 0.6% |
| Mississippi | 3 | 0.3% |
| Georgia | 1 | 0.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Birmingham | 679 |
| Huntsville | 126 |
| Dothan | 81 |
| Mobile | 23 |
| Tuscaloosa | 15 |
| Daphne-Fairhope-Foley | 11 |
| Montgomery | 9 |
| Decatur | 6 |
| Florence-Muscle Shoals | 6 |
| Auburn-Opelika | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300FGGERPRKXH7V65 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 630993 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 597056 | 1998–2007 |
| Respondent ID (the HMDA filer code before 2018) | 568583 | 2008–2017 |
Established 1 January 1934. Reported under HMDA 1998-2025.
Mergers, name changes, data editions and corrections: Avadian Credit Union's data.
Avadian Credit Union's data
$215
Avadian 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 Avadian 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]