Applications / Mortgage Analytics / Lenders / Virginia / NRL Federal Credit Union
Alexandria, VA · Credit union · NCUA · $556 million assets · 109 loans in 2025
NRL Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
109
loans originated, 2025
191
applications, 2025
20
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
NRL Federal Credit Union, based in Alexandria, Virginia, spreads 109 loans across 20 states, and home improvement has become its main line of lending.
Home improvement made up 45.0% of its loans in 2025, other purposes 21.1% and purchases only 13.8%. Its typical loan was $105,000, the same as at similar lenders (credit unions making between half and twice as many loans), but down from $255,000 five years earlier. Smaller loans, and fewer of them, are why it lent $18.3 million in 2025, against $98.9 million five years earlier.
It made 625 loans in 2022, then 204 in 2023 and 116 in 2024. In 2025 its loans fell another 6%, while similar lenders grew 8%. Why 2022 was so large is not clear from its filings. The move toward home-improvement loans, which are smaller, may account for part of the later fall.
It lent in 31 metros and 51 counties, most heavily in Maryland, and entered Staunton, Kingston and Mount Vernon-Anacortes in 2025. It has lent around Washington and Baltimore since at least 1990, but in each it is a minor lender beside Rocket Mortgage and United Wholesale Mortgage.
Neighborhoods where most residents belong to minority groups took 30.3% of its loans, against 9.3% at the typical peer, higher than about three in four of them. It was 36.2% a year earlier, so this is a lasting feature of its lending rather than a one-year swing.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. NRL Federal Credit Union took 191 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 45.0% · Other 21.1% · Refinance 20.2% · Purchase 13.8%
Conventional 100.0% · of 109 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 |
|---|---|---|
| Maryland | 44 | 40.4% |
| Virginia | 30 | 27.5% |
| District of Columbia | 6 | 5.5% |
| West Virginia | 4 | 3.7% |
| Florida | 3 | 2.8% |
| North Carolina | 3 | 2.8% |
| Ohio | 3 | 2.8% |
| New York | 2 | 1.8% |
| Pennsylvania | 2 | 1.8% |
| South Carolina | 2 | 1.8% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Arlington-Alexandria-Reston | 25 |
| Washington | 24 |
| Baltimore-Columbia-Towson | 16 |
| Frederick-Gaithersburg-Bethesda | 5 |
| Lexington Park | 5 |
| Cincinnati | 3 |
| Jacksonville | 2 |
| Myrtle Beach-Conway-North Myrtle Beach | 2 |
| Staunton-Stuarts Draft | 2 |
| Asheville | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300PPKM4YL2GY3713 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 971977 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 55380 | 1990–2017 |
Established 1 January 1946. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: NRL Federal Credit Union's data.
NRL Federal Credit Union's data
$215
NRL 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 NRL 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]