Applications / Mortgage Analytics / Lenders / Louisiana / Meritus Federal Credit Union
Lafayette, LA · Credit union · NCUA · $245 million assets · 36 loans in 2025
Meritus Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
36
loans originated, 2025
77
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Meritus Federal Credit Union, a Lafayette, Louisiana lender since 1990, grew its home lending in 2025 after two years of decline.
It made 36 loans in 2025, up 20% from 30. Similar lenders, credit unions making between half and twice as many loans, held level, and the whole market grew by 10%. Its count is still about half the 70 it made in both 2020 and 2022. It filed no report for 2021, a gap in the record rather than a year without lending.
Refinancing made up 63.9% of its loans and purchases the rest. Its typical loan, $115,000, was larger than the $90,000 at similar credit unions, and larger than at about three in five of them. Almost every loan was conventional.
Its typical rate was 6.25%, against 6.75% at similar credit unions, lower than at about four in five of them. It was the same in 2024. Thirty-six loans are a modest base.
It has lent in Lafayette since 1990 and ranked 61 of 280 lenders there in 2025, with a share of 0.3%, unchanged from 2024. United Wholesale Mortgage led the market, followed by DSLD Mortgage. It lends in five Louisiana counties.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Meritus Federal Credit Union took 77 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 63.9% · Purchase 36.1%
Conventional 97.2% · FHA 2.8% · of 36 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 |
|---|---|---|
| Louisiana | 36 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Lafayette | 31 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300333JQWIP8NLK67 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 905383 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 59643 | 1990–2017 |
Established 1 January 1954. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Meritus Federal Credit Union's data.
Meritus Federal Credit Union's data
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Meritus 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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