Applications / Mortgage Analytics / Lenders / Minnesota / Minnesota Valley Federal Credit Union
Mankato, MN · Credit union · NCUA · $320 million assets · 91 loans in 2025
Minnesota Valley Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
91
loans originated, 2025
104
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Minnesota Valley Federal Credit Union makes far bigger loans than most credit unions its size, and lends a larger share of them to people on modest incomes.
Its typical loan was $185,000, almost double the $95,000 of similar lenders (credit unions making between half and twice as many loans), and larger than nearly nine in ten of them. Purchases made up 53.8% of its loans and refinancing 36.3%; home improvement took only 9.9%.
Low- and moderate-income borrowers took 44.4% of its loans, against 30.2% at similar credit unions, a higher share than more than four in five. The share has risen from 41.9% in 2024 and 31.8% in 2020.
It ranked 10 of 180 lenders in Mankato, with 2.8% of the dollars lent, down slightly from 3.0%. United Wholesale Mortgage led the market and Pioneer Bank came second. It first reported lending there in 2009. Its own loans fell 2%, which may account for the small drop.
It made 617 loans in 2020 and 384 in 2021, but only 93 in 2024 and 91 in 2025, fewer than the 190 of 2018. The data do not show what drove the slide; in 2025 the count held roughly steady while similar credit unions grew 7%.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Minnesota Valley Federal Credit Union took 104 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 53.8% · Refinance 36.3% · Home improvement 9.9%
Conventional 100.0% · of 91 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 |
|---|---|---|
| Minnesota | 91 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Mankato | 67 |
| Minneapolis-St. Paul-Bloomington | 13 |
| St. Cloud | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900M984EPKRAPEO90 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 350488 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 519440 | 2009–2017 |
Established 1 January 1934. Reported under HMDA 2009-2025.
Mergers, name changes, data editions and corrections: Minnesota Valley Federal Credit Union's data.
Minnesota Valley Federal Credit Union's data
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Minnesota Valley 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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