Applications / Mortgage Analytics / Lenders / Tennessee / Orion Federal Credit Union
Memphis, TN · Credit union · NCUA · $1.3 billion assets · 339 loans in 2025
Orion Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
339
loans originated, 2025
451
applications, 2025
18
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Orion Federal Credit Union, a Memphis lender, is spreading far from home: it made its first loans in Ann Arbor and Idaho Falls in 2025, and its loan count rose 31%.
In its first year in Ann Arbor it ranked 20 of 310 lenders, and in Idaho Falls 24 of 211. Its loans now reach 18 states. At home, its share of Memphis rose. Similar lenders (credit unions making between half and twice as many loans) grew by 7%.
Its typical loan was $275,000, against $105,000 at similar lenders, larger than at nearly all of them. The amount it lent nearly tripled, to $188.9 million from $68.2 million.
Purchases made up 80.5% of its loans. FHA loans (insured by the Federal Housing Administration) were 10.6%, where the typical similar lender made none. Its typical rate was 6.25%, against 6.99%, lower than at about four in five similar lenders.
Low- and moderate-income (LMI) neighborhoods took 20.5% of its loans and majority-minority areas 32.5%, each more than at about three in four similar lenders. LMI borrowers took only 13.9%, against 27.5%, fewer than at about nine in ten. Its larger purchase loans may be one reason.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Orion Federal Credit Union took 451 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 80.5% · Refinance 19.5%
Conventional 89.4% · FHA 10.6% · of 339 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 |
|---|---|---|
| Tennessee | 285 | 84.1% |
| Mississippi | 18 | 5.3% |
| Arkansas | 7 | 2.1% |
| Florida | 6 | 1.8% |
| Georgia | 3 | 0.9% |
| Michigan | 3 | 0.9% |
| North Carolina | 3 | 0.9% |
| Alabama | 2 | 0.6% |
| Colorado | 2 | 0.6% |
| Missouri | 2 | 0.6% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Memphis | 279 |
| Nashville-Davidson--Murfreesboro--Franklin | 6 |
| Jackson | 4 |
| Raleigh-Cary | 3 |
| Crestview-Fort Walton Beach-Destin | 2 |
| Denver-Aurora-Centennial | 2 |
| Knoxville | 2 |
| Little Rock-North Little Rock-Conway | 2 |
| St. Louis | 2 |
| Tampa | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900U2ZPLWQTSD3158 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 493497 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 560117 | 1990–2009 |
| Respondent ID (the HMDA filer code before 2018) | 524831 | 2010–2017 |
Established 1 January 1957. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Orion Federal Credit Union's data.
Orion Federal Credit Union's data
$215
Orion 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 Orion 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]