Applications / Mortgage Analytics / Lenders / Virginia / State Departmenet Federal Credit Union
Alexandria, VA · Credit union · NCUA · $2.9 billion assets · 563 loans in 2025
State Departmenet Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
563
loans originated, 2025
1,167
applications, 2025
46
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
State Departmenet Federal Credit Union lends across 46 states from a Virginia base, and its originations fell 33% in 2025 after its busiest year since 2018.
Originations fell to 563 from 837, a larger fall than at almost all similar lenders (credit unions making between half and twice as many loans), whose typical change was a rise of 6%. The 2024 figure was its highest since 2018, and 2025 returns it close to its 2020 level of 590; a return toward earlier levels after an unusually busy year is one possible reading.
It lent in 46 states and 133 metros, ranking 147 of 757 lenders in Washington-Arlington-Alexandria. Its typical loan, $155,000, was larger than at about three-quarters of similar lenders, whose typical loan was $105,000. Home improvement was its largest purpose, at 35.3% of loans.
12.3% of its loans went to low- and moderate-income (LMI) borrowers, against 27.2% at similar lenders, lower than at more than nine in ten of them. 33.8% were in majority-minority neighbourhoods, against 10.6%. Its larger loans and its spread across large metros are possible reasons for the low LMI borrower share.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. State Departmenet Federal Credit Union took 1,167 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 35.3% · Purchase 27.0% · Refinance 26.6% · Other 11.0%
Conventional 100.0% · of 563 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 |
|---|---|---|
| Virginia | 170 | 30.2% |
| Maryland | 86 | 15.3% |
| District of Columbia | 38 | 6.7% |
| California | 31 | 5.5% |
| Florida | 18 | 3.2% |
| North Carolina | 17 | 3.0% |
| Illinois | 15 | 2.7% |
| Texas | 15 | 2.7% |
| South Carolina | 14 | 2.5% |
| Georgia | 12 | 2.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Arlington-Alexandria-Reston | 146 |
| Washington | 65 |
| Frederick-Gaithersburg-Bethesda | 39 |
| Baltimore-Columbia-Towson | 14 |
| Chicago-Naperville-Schaumburg | 10 |
| Richmond | 10 |
| Houston-Pasadena-The Woodlands | 8 |
| Charlotte-Concord-Gastonia | 7 |
| San Diego-Chula Vista-Carlsbad | 7 |
| Atlanta-Sandy Springs-Roswell | 6 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900EZRN0CBEP77K34 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 730772 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 5435 | 1990–2017 |
Established 1 January 1935. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: State Departmenet Federal Credit Union's data.
State Departmenet Federal Credit Union's data
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State Departmenet 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.
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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.
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