A big jump
It made 316 loans, up from 206. Similar lenders, credit unions making between half and twice as many loans, grew 7%. Its record is uneven, with 62 loans in 2019 and 102 in 2023, so one year's rise says only so much.
Applications / Mortgage Analytics / Lenders / Arizona / AERO Federal Credit Union
AERO Federal Credit Union
Glendale, AZ · Credit union · NCUA · $346 million assets · 316 loans in 2025
AERO Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
316
loans originated, 2025
415
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
AERO Federal Credit Union made 53% more loans in 2025, faster growth than nearly nine in ten similar credit unions, and moved into Yuma, AZ and Farmington, NM.
Mostly other purposes
Other purposes made up 68.0% of its loans and home improvement 16.5%; purchases were just 5.1%. Its typical loan was $85,000, against $105,000 at similar lenders, smaller than about four in five of them.
Lower rates
Its typical rate was 5.95%, against 6.88% at similar lenders, lower than about nine in ten of them. None of its loans was higher-priced (a rate well above the average for similar loans), against 2.0% at its peers.
Minority neighborhoods, fewer poorer borrowers
Majority-minority neighborhoods took 21.2% of its loans, against 12.6% at similar lenders. Borrowers with low and moderate incomes (LMI) took 21.5%, against 27.5%, lower than about three-quarters of its peers. The incomes of its members, or its mix of other-purpose loans, may explain that.
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
316 loans in 2025, its most in any year since 2018.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. AERO Federal Credit Union took 415 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
68.0% of its 2025 loans were other loans; all were conventional loans.
Other 68.0% · Home improvement 16.5% · Refinance 10.4% · Purchase 5.1%
Conventional 100.0% · of 316 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
2 states, 8 metros, 11 counties
| State | Loans | Share |
|---|---|---|
| Arizona | 311 | 98.4% |
| New Mexico | 5 | 1.6% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Phoenix-Mesa-Chandler | 298 |
| Albuquerque | 4 |
| Prescott Valley-Prescott | 4 |
| Tucson | 4 |
| Yuma | 2 |
| Farmington | 1 |
| Flagstaff | 1 |
| Lake Havasu City-Kingman | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 54930072H82Z2RZW3210 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 592381 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 512164 | 2004–2017 |
Established 1 January 1958. Reported under HMDA 2004-2025.
Mergers, name changes, data editions and corrections: AERO Federal Credit Union's data.
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