Applications / Mortgage Analytics / Lenders / Pennsylvania / Merck Sharp & Dohme Federal Credit Union
Chalfont, PA · Credit union · NCUA · $961 million assets · 570 loans in 2025
Merck Sharp & Dohme Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
570
loans originated, 2025
760
applications, 2025
6
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Merck Sharp & Dohme Federal Credit Union is a Pennsylvania credit union that rarely lends for home purchase, and its originations, 570 in 2025, have more than doubled since 2020.
Home purchases were 5.1% of its loans. Home-improvement loans were 37.4%, other-purpose loans 30.0% and refinances 27.5%. Its typical loan, $105,000, matched similar lenders' (credit unions making between half and twice as many loans).
It made 251 loans in 2020 and 720 in 2022, and 570 in 2025. Growth of 5% in 2025 was near the middle of similar lenders, who grew 6%.
None of its loans was higher-priced (a rate well above the average for similar loans), against 1.7% at similar lenders, and its typical rate of 6.50% was lower than about seven in ten of them.
It lent in 17 metros across 6 states. It ranked 103 of 784 lenders in Philadelphia-Camden-Wilmington and 195 of 521 in Allentown-Bethlehem-Easton, where its share was 0.1%. Loans in majority-minority areas rose to 5.7% from 3.6%, against 10.8% at similar lenders, which may reflect the areas around Philadelphia and Allentown where it lends; its lending to LMI (low- and moderate-income) borrowers rose to 25.0% from 18.9%.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Merck Sharp & Dohme Federal Credit Union took 760 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 37.4% · Other 30.0% · Refinance 27.5% · Purchase 5.1%
Conventional 100.0% · of 570 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 |
|---|---|---|
| Pennsylvania | 493 | 86.5% |
| New Jersey | 26 | 4.6% |
| North Carolina | 2 | 0.4% |
| South Carolina | 2 | 0.4% |
| Delaware | 1 | 0.2% |
| Florida | 1 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Montgomery County-Bucks County-Chester County | 435 |
| Philadelphia | 24 |
| Allentown-Bethlehem-Easton | 21 |
| Reading | 8 |
| Newark | 6 |
| Camden | 5 |
| Lakewood-New Brunswick | 5 |
| Trenton-Princeton | 5 |
| Atlantic City-Hammonton | 4 |
| Lancaster | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300A4SPX2JOQ71791 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 656788 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 56574 | 1990–2017 |
Established 1 January 1950. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Merck Sharp & Dohme Federal Credit Union's data.
Merck Sharp & Dohme Federal Credit Union's data
$215
Merck Sharp & Dohme 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 Merck Sharp & Dohme 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]