A credit union that fixes homes
Purchases were 40.0% of its 70 loans in 2025, home improvement 32.9% and refinancing 27.1%. Every loan was conventional, with no government backing. That makes it a broad household lender rather than a purchase shop.
Applications / Mortgage Analytics / Lenders / Arizona / First Credit Union
First Credit Union
Chandler, AZ · Credit union · NCUA · $787 million assets · 70 loans in 2025
First Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
70
loans originated, 2025
100
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
First Credit Union lends for home improvement almost as often as for purchase, and in 2025 it grew a little faster than its peers after four years of decline.
Growing again, from a low base
Its loans rose 13%, against 7% at similar lenders (credit unions making between half and twice as many loans) and 10% for the whole market. The rebound is small beside the past. It made 323 loans in 2020 and 319 in 2021, and the data do not show why the total fell after that.
More lending in minority neighborhoods
17.1% of its loans went to majority-minority neighborhoods, against 8.9% at similar lenders, a higher share than about two-thirds of them. None of its loans was higher-priced (a rate well above the average for similar loans), against 3.3% at its peers.
A small name in Phoenix
It ranked 284 of 879 lenders in Phoenix-Mesa-Chandler, where it has lent since 1992, and it works in 5 metros, all in Arizona. Its competition figures include the filings of San TAN Credit Union, which it merged with in 2022.
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
70 loans in 2025, against a peak of 323 in 2020.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. First Credit Union took 100 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
40.0% of its 2025 loans were purchase loans; all were conventional loans.
Purchase 40.0% · Home improvement 32.9% · Refinance 27.1%
Conventional 100.0% · of 70 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
1 state, 5 metros, 8 counties
| State | Loans | Share |
|---|---|---|
| Arizona | 70 | 100.0% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Phoenix-Mesa-Chandler | 54 |
| Tucson | 8 |
| Prescott Valley-Prescott | 3 |
| Flagstaff | 1 |
| Yuma | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 54930082CRK7E43ZJ680 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 911571 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 568444 | 2000–2017 |
Established 1 January 1935. Reported under HMDA 2000-2025.
Mergers, name changes, data editions and corrections: First Credit Union's data.
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