Lenders › Member One Federal Credit Union › Virginia
Member One Federal Credit Union in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Virginia, Member One Federal Credit Union reported 1,506 applications and 806 originations for 2024, $73m in all.
Its denial rate in the state was 42.8%, above the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 43.2%.
The median rate spread on its Virginia originations was 0.0 percentage points (state median 0.3).
Applications in the state were down 22% on 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | Member One Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 42.8% | 22.1% | 43.2% | 24.3% |
| Median rate spread, pp | 0.0 | 0.3 | -0.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 26.8% | 16.5% | 26.4% | 15.6% |
| Average originated loan | $90k | $352k | $95k | $329k |
| Home purchase share | 8.2% | 55.8% | 9.4% | 57.0% |
| FHA-insured share | 0.0% | 11.7% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 16.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 8% (66)Home improvement 40% (322)Refinancing 20% (164)Cash-out refinancing 4% (32)Other purpose 28% (222)
By type
Conventional 100% (806)
Denial reasons as coded
Share of 620 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Roanoke County | 278 | 166 | $15m | 38.1% |
| Roanoke city | 240 | 138 | $12m | 38.5% |
| Bedford County | 182 | 101 | $8.9m | 38.8% |
| Franklin County | 150 | 85 | $7.5m | 38.3% |
| Botetourt County | 106 | 70 | $6.5m | 30.7% |
| Montgomery County | 75 | 43 | $3.1m | 36.1% |
| Lynchburg city | 60 | 34 | $3.0m | 40.4% |
| Salem city | 54 | 33 | $2.4m | 37.0% |
| Campbell County | 58 | 25 | $3.4m | 54.5% |
| Amherst County | 35 | 18 | $1.5m | 42.4% |
| Pulaski County | 31 | 12 | $820k | 54.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Member One Federal Credit Union originate in Virginia in 2024?
806 loans totalling $73m, from 1,506 applications reported for properties in Virginia.
What is Member One Federal Credit Union's denial rate in Virginia?
42.8% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 43.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Virginia counties does Member One Federal Credit Union lend in most?
By originations: Roanoke County (166), Roanoke city (138), Bedford County (101), Franklin County (85), Botetourt County (70).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Virginia. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.