Applications / Mortgage Analytics / Lenders / Massachusetts / Alden Credit Union
Chicopee, MA · Credit union · NCUA · $190 million assets · 93 loans in 2025
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93
loans originated, 2025
117
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Alden Credit Union, a small Massachusetts lender, grew its loans by 19% in 2025 and gained share in both its main markets, Springfield and Amherst Town-Northampton.
Its loans rose 19% to 93, against 7% at similar lenders (credit unions making between half and twice as many loans). The money it lent grew faster still, to $17.7 million from $9.7 million, because its typical loan rose to $105,000. It remains far below the 280 loans it made in 2020.
Its share rose in both its home markets. In Springfield, MA it went to 0.5% from 0.3%, ranking 50 of 322 lenders. In Amherst Town-Northampton, MA it went to 0.6% from 0.2%, ranking 38 of 199. Westfield Bank and Florence Bank lead those markets. It has lent in both since 1993.
Most of its loans go to members who already own their homes. Refinances were 34.4% of its loans and home improvement 26.9%, while purchases were 21.5%. Every loan was conventional.
In 2025, 20.4% of its loans were in low- and moderate-income (LMI) areas, higher than at nearly two-thirds of similar lenders. Its share to LMI borrowers was lower, 23.7% against 30.2% for its peers. Owners refinancing or improving homes they already have may earn more than first-time buyers.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Alden Credit Union took 117 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 34.4% · Home improvement 26.9% · Purchase 21.5% · Other 17.2%
Conventional 100.0% · of 93 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 | 90 | 96.8% |
| Connecticut | 2 | 2.2% |
| Rhode Island | 1 | 1.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Springfield | 70 |
| Amherst Town-Northampton | 17 |
| Hartford-West Hartford-East Hartford | 2 |
| Barnstable Town | 1 |
| Boston | 1 |
| Cambridge-Newton-Framingham | 1 |
| Providence-Warwick | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300XB72WCLQVIHN50 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 424594 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 567951 | 1993–2017 |
Established 1 January 1939. Reported under HMDA 1993-2025.
Mergers, name changes, data editions and corrections: Alden Credit Union's data.
Alden Credit Union's data
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Alden 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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