Applications / Mortgage Analytics / Lenders / Massachusetts / METRO Credit Union
Chelsea, MA · Credit union · NCUA · $3.3 billion assets · 1,021 loans in 2025
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1,021
loans originated, 2025
1,657
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
METRO Credit Union is a Massachusetts credit union that splits its lending between home purchase and home improvement, grew 18% in 2025 and makes more of its loans in low- and moderate-income neighbourhoods than almost all similar lenders.
Home purchase made up 36.9% of its loans and home improvement 35.1%, with refinancing at 18.2%. Its typical loan was $155,000, against $105,000 at similar lenders (credit unions making between half and twice as many loans), and 3.5% were jumbo (larger than the conforming limit), against 1.0%.
Originations rose 18% to 1,021, against a typical 8% at similar lenders and 10% for the whole market, higher than about two-thirds of them. Volume is still well below the 2,500 loans of 2020.
23.9% of its loans were in low- and moderate-income (LMI) neighbourhoods, against 15.1% at similar lenders, higher than more than nine in ten of them. 31.8% went to LMI borrowers, against 27.7%, and 15.8% were in majority-minority neighbourhoods, against 10.5%.
It ranks 48 of 664 lenders in Boston-Cambridge-Newton. Its shares are small elsewhere but rose from 0.1% to 0.2% in Manchester-Nashua, Barnstable Town and Springfield, and held at 0.2% in Worcester.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. METRO Credit Union took 1,657 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 36.9% · Home improvement 35.1% · Refinance 18.2% · Other 9.8%
Conventional 99.0% · FHA 1.0% · of 1,021 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 |
|---|---|---|
| Massachusetts | 881 | 86.3% |
| New Hampshire | 140 | 13.7% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Cambridge-Newton-Framingham | 490 |
| Boston | 243 |
| Worcester | 77 |
| Rockingham County-Strafford County | 73 |
| Manchester-Nashua | 42 |
| Springfield | 26 |
| Providence-Warwick | 24 |
| Barnstable Town | 12 |
| Amherst Town-Northampton | 5 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300F6OBLSYWXXKH16 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 110794 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 566364 | 1992–2017 |
Established 1 January 1926. Reported under HMDA 1992-2025.
Mergers, name changes, data editions and corrections: METRO Credit Union's data.
METRO Credit Union's data
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METRO 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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