Applications / Mortgage Analytics / Lenders / California / Popa Federal Credit Union - Cerritos
Cerritos, CA · Credit union · NCUA · $391 million assets · 117 loans in 2025
Popa Federal Credit Union - Cerritos's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
117
loans originated, 2025
187
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Popa Federal Credit Union - Cerritos is a California credit union that lends almost entirely for home improvement: 77.8% of its loans in 2025.
Other purposes took 16.2% of its loans, refinance 5.1% and purchase 0.9%. Every loan was conventional, and its typical loan, $105,000, matched that of similar lenders (credit unions making between half and twice as many loans).
It made 117 loans, down 18% from 143, while similar lenders grew 8%. Its lending peaked at 269 loans in 2022. Weaker demand for home-improvement loans, its main product, may be one reason.
Majority-minority neighborhoods took 84.6% of its loans, against 9.3% at similar lenders, which may reflect where its members live. Only 6.0% went to low- and moderate-income (LMI) borrowers, against 29.3%. One possible reason is its mix: home-improvement loans go to people who already own homes, who may earn more than buyers.
Its typical rate was 7.50%, against 6.75% at similar lenders, higher than at about four in five of them. Its home-improvement mix may account for that. None of its loans was higher-priced (a rate well above the average for similar loans).
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Popa Federal Credit Union - Cerritos took 187 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 77.8% · Other 16.2% · Refinance 5.1% · Purchase 0.9%
Conventional 100.0% · of 117 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 |
|---|---|---|
| California | 117 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Los Angeles-Long Beach-Glendale | 64 |
| Riverside-San Bernardino-Ontario | 40 |
| Anaheim-Santa Ana-Irvine | 10 |
| Oxnard-Thousand Oaks-Ventura | 2 |
| Bakersfield-Delano | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549005B0YP23JCTYV51 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 139281 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 523004 | 1999–2017 |
Established 1 January 1978. Reported under HMDA 1999-2025.
Mergers, name changes, data editions and corrections: Popa Federal Credit Union - Cerritos's data.
Popa Federal Credit Union - Cerritos's data
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Popa Federal Credit Union - Cerritos 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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