Not a purchase lender
Only 23.6% of its loans financed a home purchase. Refinances took 34.5% and other purposes 41.8%, the largest slice. All its loans were conventional, with none insured or guaranteed by the government.
Applications / Mortgage Analytics / Lenders / Georgia / The Southern Credit Union
The Southern Credit Union
Fayetteville, GA · Credit union · NCUA · $555 million assets · 55 loans in 2025
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55
loans originated, 2025
94
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
The Southern Credit Union, a Georgia lender whose largest market is Atlanta, makes most of its loans for purposes other than buying a home, and it made fewer of them in 2025.
A shrinking book
The credit union made 55 loans in 2025, 28% fewer than in 2024. Similar lenders, credit unions making between half and twice as many loans, grew by 6% and the whole market by 10%; only about one peer in ten shrank more. It made 110 loans in 2020. With so small a book, a few loans either way make a large change.
Spread across four states
Its lending reaches 4 states, 8 metros and 21 counties. In Atlanta-Sandy Springs-Alpharetta, where it has lent since at least 1990, it ranked 365 of 892. Its share in Macon-Bibb County rose to 0.1%. In 1999 it merged with Atlanta Penitentiary Federal Credit Union.
Diverse neighborhoods
One loan in six, 16.4%, went to majority-minority neighborhoods, against 9.7% at similar credit unions, higher than about three in five. That share was 31.6% in 2024; on 55 loans the swing may be chance.
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
55 loans in 2025, against a peak of 110 in 2020.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. The Southern Credit Union took 94 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
41.8% of its 2025 loans were other loans; all were conventional loans.
Other 41.8% · Refinance 34.5% · Purchase 23.6%
Conventional 100.0% · of 55 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
4 states, 8 metros, 21 counties
| State | Loans | Share |
|---|---|---|
| Georgia | 47 | 85.5% |
| Alabama | 5 | 9.1% |
| Florida | 2 | 3.6% |
| Tennessee | 1 | 1.8% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Atlanta-Sandy Springs-Roswell | 39 |
| Auburn-Opelika | 1 |
| Birmingham | 1 |
| Deltona-Daytona Beach-Ormond Beach | 1 |
| Macon-Bibb County | 1 |
| Marietta | 1 |
| Nashville-Davidson--Murfreesboro--Franklin | 1 |
| Port St. Lucie | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300LDBCZGR7DW6211 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 396187 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 515457 | 1990–2014 |
| Respondent ID (the HMDA filer code before 2018) | 568638 | 2013–2017 |
Established 1 January 1963. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: The Southern Credit Union's data.
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