Credit unions made 4.65% of the total amount of all purchase mortgages in the United States in 2013, according to Home Mortgage Disclosure Act (HMDA) data analyzed in Callahan & Associates’MortgageAnalyzer. This is a market share increase of 51basis points from 4.14% in 2102. Below are the leading credit unions in purchase mortgage market share within their local metropolitan statistical areas (MSAs). Credit unions can be listed more than once if they had high levels of market share inmultiple MSAs.
CREDIT UNION LEADERS IN PURCHASE MORTGAGE MARKET SHARE
Data as of December 31, 2013
Credit Union | MSA | Market Share (By % Of $ of Purchase Mortgages Funded) | Total Purchase Mortgages Funded in 2013 | Total Amount of Purchase Mortgages Funded ($000s) | |
---|---|---|---|---|---|
1 | Purdue | Lafayette, IN | 44.51% | 366 | $237,848 |
2 | University Of Iowa Community | Iowa City, IA | 33.43% | 1,409 | $180,006 |
3 | Potlatch No 1 | Lewiston, ID-WA | 26.64% | 183 | $28,877 |
4 | Alaska USA | Anchorage, AK | 26.19% | 1,610 | $423,743 |
5 | Royal | Eau Claire, WI | 24.59% | 543 | $74,225 |
6 | University Of Iowa Community | Waterloo-Cedar Falls, IA | 24.54% | 889 | $83,921 |
7 | University Of Iowa Community | Cedar Rapids, IA | 24.21% | 1,471 | $135,400 |
8 | New England | Burlington-South Burlington, VT | 22.62% | 619 | $135,401 |
9 | Altra | La Crosse, WI-MN | 22.44% | 347 | $50,249 |
10 | Lake Michigan | Holland-Grand Haven, MI | 20.98% | 766 | $134,077 |
11 | Greylock | Pittsfield, MA | 20.75% | 283 | $45,088 |
12 | CFCU Community | Ithaca, NY | 20.70% | 181 | $32,251 |
13 | Lake Michigan | Kalamazoo-Portage, MI | 19.49% | 636 | $101,741 |
14 | Alaska USA | Fairbanks, AK | 19.20% | 200 | $41,704 |
15 | Superior | Lima, OH | 19.16% | 165 | $17,065 |
16 | Lake Michigan | Grand Rapids-Wyoming, MI | 19.02% | 1,762 | $279,278 |
17 | Eastman | Kingsport-Bristol-Bristol, TN-VA | 18.82% | 482 | $66,343 |
18 | Idaho Central | Pocatello, ID | 17.53% | 188 | $26,316 |
19 | Dupaco Community | Dubuque, IA | 17.41% | 244 | $30,197 |
20 | Visions | Binghamton, NY | 16.47% | 224 | $28,619 |
Source: Callahan & Associates MortgageAnalyzer
Coming soon from Callahan & Associates, the new MortgageAnalyzer has a multitude of enhancements designed to deliver customized market intelligence in an intuitive and easy to consume format. The recent enhancements allow you to:
- Analyze an entire market with just a few clicks perfect for merger and expansion analysis
- Pinpoint your performance in individual areas with upgraded reports
- Hone your market intelligence results using intuitive, customizable filters
- Export your mortgage intelligence in graphical or tabular forms in customizable formats
To make sure you know how to use the new features, we’ve set-up two webinars. Register for Get To Know The New MortgageAnalyzer, which will take place on Tuesday, October 7th at 2:00 PM ET and Wednesday, October 8th at 3:00 PM ET.