Applications / Mortgage Analytics / Lenders / Connecticut / Charter Oak Federal Credit Union
Waterford, CT · Credit union · NCUA · $1.7 billion assets · 762 loans in 2025
Charter Oak Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
762
loans originated, 2025
1,054
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Charter Oak Federal Credit Union ranks 6 of 312 lenders around Norwich and New London, and its loans are spread across home improvement, refinancing and purchases.
In Norwich-New London-Willimantic, its market since before 1990, it ranked 6 of 312 lenders, but its share fell 0.7 points to 4.2%. In Hartford it fell 0.3 points to 0.3%. Its own loan count fell while the market grew; faster growth by other lenders in its markets is one possible reason.
Originations fell 6% to 762, while similar lenders (credit unions making between half and twice as many loans) grew 8% and the whole market 10%; only about one in five peers grew more slowly. It made 957 loans in 2020.
Home improvement made up 34.5% of its loans, refinances 25.2%, home purchases 23.4% and other purposes 16.9%. Almost all of it, 99.7%, was conventional, and its typical loan was $105,000, the same as at peers. Its typical rate, 6.50%, was lower than at about three in four peers (7.00%).
LMI (low- and moderate-income) borrowers took 26.9% of its loans and LMI areas 15.1%, both near the middle of similar lenders. Its share in majority-minority areas rose to 8.7%, from 4.4% in 2024.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Charter Oak Federal Credit Union took 1,054 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 34.5% · Refinance 25.2% · Purchase 23.4% · Other 16.9%
Conventional 99.7% · FHA 0.3% · of 762 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 |
|---|---|---|
| Connecticut | 739 | 97.0% |
| Rhode Island | 23 | 3.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Norwich-New London-Willimantic | 473 |
| Worcester | 171 |
| Hartford-West Hartford-East Hartford | 82 |
| Providence-Warwick | 23 |
| New Haven | 10 |
| Bridgeport-Stamford-Danbury | 3 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900HJA1Y85EJCGB90 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 595579 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 53413 | 1990–2017 |
Established 1 January 1939. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Charter Oak Federal Credit Union's data.
Charter Oak Federal Credit Union's data
$215
Charter Oak Federal 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 Charter Oak Federal 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]