Applications / Mortgage Analytics / Lenders / Louisiana / Neighbors Federal Credit Union
Baton Rouge, LA · Credit union · NCUA · $1.3 billion assets · 265 loans in 2025
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265
loans originated, 2025
789
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Neighbors Federal Credit Union lends mostly for home improvement and other purposes rather than for buying homes, and its loan count fell 14% in 2025 after a jump the year before.
Its loans fell 14% to 265, while similar lenders (credit unions making between half and twice as many loans) grew 6% and the whole market 10%. That followed a leap from 45 loans in 2023 to 307 in 2024, so 2025 is still well above its earlier years. The public figures do not say what drove the 2024 jump.
Other purposes made up 35.1% of its loans and home improvement 33.2%; purchases were just 10.9%. Its typical loan, $85,000, was smaller than at about three in four similar lenders, which fits lending on homes already owned.
In Baton Rouge, where it has lent since at least 1990, its share fell to 0.8% from 1.3%, ranking it 28 of 369 lenders; United Wholesale Mortgage led. Its own lower volume, with dollars down from $41.9 million to $32.0 million, may account for it.
Majority-minority areas took 22.3% of its loans, against 12.9% at peers, more than at about two-thirds of them. Low- and moderate-income (LMI) borrowers took 16.0%, against 27.6%, lower than at about nine in ten peers. The incomes of its home-improvement and other-purpose borrowers, who already own homes, may account for 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
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Neighbors Federal Credit Union took 789 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Other 35.1% · Home improvement 33.2% · Refinance 20.8% · Purchase 10.9%
Conventional 100.0% · of 265 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 |
|---|---|---|
| Louisiana | 265 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Baton Rouge | 260 |
| Houma-Bayou Cane-Thibodaux | 2 |
| Lafayette | 1 |
| New Orleans-Metairie | 1 |
| Slidell-Mandeville-Covington | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493001QMUDK2ML5S840 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 157481 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 59229 | 1990–2017 |
Established 1 January 1954. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Neighbors Federal Credit Union's data.
Neighbors Federal Credit Union's data
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Neighbors 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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