Applications / Mortgage Analytics / Lenders / Texas / FIRST Service Credit Union
Houston, TX · Credit union · NCUA · $1.5 billion assets · 320 loans in 2025
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320
loans originated, 2025
495
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
FIRST Service Credit Union is a refinance lender, and more than half of its loans go to majority-minority neighborhoods.
It made 320 loans in 2025, 14% fewer than in 2024, while similar lenders (credit unions making between half and twice as many loans) grew 7%. Yet its dollar volume rose, to $67.1 million from $55.3 million, because its typical loan climbed to $145,000 from $95,000. A lender that mostly refinances may see its count swing with refinance demand more than its peers do.
Refinances made up 71.9% of its loans and purchases 27.8%. All were conventional. In Houston-Pasadena-The Woodlands it ranked 148 of 929 lenders, with a 0.1% share, and it has lent there since 1991.
Majority-minority areas took 57.2% of its loans, against 12.3% at similar lenders, a higher share than at nearly nine in ten of them. The make-up of the Houston communities it serves could account for that. Low- and moderate-income (LMI) borrowers took 23.5%, against 27.5% at peers; its larger loans are one possible reason.
None of its loans were higher-priced (a rate well above the average for similar loans), against 8.0% a year earlier and 1.9% at peers. Its refinance denial rate, 10.7%, was lower than at about three in four peers, whose typical rate was 20.9%.
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, 2019–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. FIRST Service Credit Union took 495 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 71.9% · Purchase 27.8% · Home improvement 0.3%
Conventional 100.0% · of 320 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 |
|---|---|---|
| Texas | 320 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Houston-Pasadena-The Woodlands | 283 |
| Dallas-Plano-Irving | 6 |
| Beaumont-Port Arthur | 3 |
| Austin-Round Rock-San Marcos | 2 |
| Brownsville-Harlingen | 2 |
| Corpus Christi | 2 |
| Fort Worth-Arlington-Grapevine | 2 |
| McAllen-Edinburg-Mission | 2 |
| San Antonio-New Braunfels | 2 |
| College Station-Bryan | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300IH3DF6NS2IYJ30 | 2019–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 650889 | 2011–2023 |
| Respondent ID (the HMDA filer code before 2018) | 522910 | 2007–2009 |
| Respondent ID (the HMDA filer code before 2018) | 568605 | 2010–2014 |
Established 1 January 1977. Reported under HMDA 2007-2025.
Mergers, name changes, data editions and corrections: FIRST Service Credit Union's data.
FIRST Service Credit Union's data
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FIRST Service 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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