A homeowner's lender
Purchases were only 19.4% of its loans. Home improvement made up 33.3% and refinancing 30.6%, with other purposes 16.7%. Every loan was conventional and none was jumbo.
Applications / Mortgage Analytics / Lenders / Alabama / TVA Community Credit Union
TVA Community Credit Union
Muscle Shoals, AL · Credit union · NCUA · $416 million assets · 108 loans in 2025
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108
loans originated, 2025
118
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
TVA Community Credit Union lends mainly to people improving or borrowing against homes they already own, and in 2025 it more than doubled its loans after a lean year.
Recovery from a dip
Loans rose 140%, from 45 to 108, faster than almost all of the 512 similar lenders (credit unions making between half and twice as many loans), which grew 7%. The jump mostly undoes 2024: from 2018 to 2023 it made between 66 and 123 loans a year.
Lower rates than its peers
Its typical rate was 6.25%, against 6.75% at similar lenders, lower than at about four in five of them. None of its loans was higher-priced (a rate well above the average for similar loans), against 3.2% at the typical peer.
Rooted in the Shoals
Florence-Muscle Shoals is its home market, where it has lent since 1991. It ranks 17 of 220 lenders there, and its share rose from 1.1% to 1.5%. Bank Independent leads that market. It also gained a little share in Huntsville and Decatur, Alabama, where it is a small lender.
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
108 loans in 2025, against a peak of 123 in 2022.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. TVA Community Credit Union took 118 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
33.3% of its 2025 loans were home improvement loans; all were conventional loans.
Home improvement 33.3% · Refinance 30.6% · Purchase 19.4% · Other 16.7%
Conventional 100.0% · of 108 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, 6 metros, 11 counties
| State | Loans | Share |
|---|---|---|
| Alabama | 103 | 95.4% |
| Tennessee | 2 | 1.9% |
| Georgia | 1 | 0.9% |
| Mississippi | 1 | 0.9% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Florence-Muscle Shoals | 76 |
| Huntsville | 18 |
| Decatur | 4 |
| Daphne-Fairhope-Foley | 1 |
| Nashville-Davidson--Murfreesboro--Franklin | 1 |
| Savannah | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549004IXUWDS2CYU578 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 239574 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 51494 | 1991–2005 |
| Respondent ID (the HMDA filer code before 2018) | 568559 | 2006–2017 |
Established 1 January 1936. Reported under HMDA 1991-2025.
Mergers, name changes, data editions and corrections: TVA Community Credit Union's data.
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