Applications / Mortgage Analytics / Lenders / Massachusetts / MassMutual Federal Credit Union
Springfield, MA · Credit union · NCUA · $324 million assets · 184 loans in 2025
MassMutual Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
184
loans originated, 2025
267
applications, 2025
20
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
MassMutual Federal Credit Union, based in Springfield, MA, lends mostly for home improvement and other purposes, reaches borrowers in 20 states, and made 23% fewer loans in 2025.
Home improvement made up 50.0% of its loans and other purposes 33.2%; purchases and refinances were small. Its typical loan, $105,000, matched that of similar lenders (credit unions making between half and twice as many loans) and was down from $185,000 five years before. None of its loans were higher-priced (a rate well above the average for similar loans).
Its loans fell 23% to 184, while similar lenders grew 7% and the whole market 10%. Its growth was lower than at more than nine in ten peers. The count had jumped from 139 in 2022 to 266 in 2023, and has fallen since.
It lends in 20 states and 36 metros. In Springfield, MA, its largest market, where it has lent since 1997, its share held at 0.4%, ranking 54 of 322 lenders. Westfield Bank leads there.
Low- and moderate-income (LMI) borrowers took 15.3% of its loans, against 27.9% at similar lenders, lower than at about nine in ten of them. Home-improvement loans go to people who already own homes, and its lending is spread across many states; both may explain part of the gap.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. MassMutual Federal Credit Union took 267 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 50.0% · Other 33.2% · Purchase 12.5% · Refinance 4.3%
Conventional 100.0% · of 184 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 |
|---|---|---|
| Massachusetts | 100 | 54.3% |
| Connecticut | 36 | 19.6% |
| New York | 8 | 4.3% |
| Florida | 7 | 3.8% |
| North Carolina | 7 | 3.8% |
| New Jersey | 5 | 2.7% |
| Illinois | 4 | 2.2% |
| Arizona | 2 | 1.1% |
| Maryland | 2 | 1.1% |
| Maine | 2 | 1.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Springfield | 74 |
| Hartford-West Hartford-East Hartford | 33 |
| Amherst Town-Northampton | 14 |
| Barnstable Town | 4 |
| Chicago-Naperville-Schaumburg | 4 |
| Newark | 4 |
| New York-Jersey City-White Plains | 4 |
| Worcester | 4 |
| Bridgeport-Stamford-Danbury | 3 |
| Charlotte-Concord-Gastonia | 3 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300217ZPIHWEYT887 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 792 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 524566 | 1997–2017 |
Established 1 January 1962. Reported under HMDA 1997-2025.
Mergers, name changes, data editions and corrections: MassMutual Federal Credit Union's data.
MassMutual Federal Credit Union's data
$215
MassMutual 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 MassMutual 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]