Lenders › Fairmont Federal Credit Union › West Virginia
Fairmont Federal Credit Union in West Virginia
HMDA record for properties in West Virginia, calendar year 2024. National record · West 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.
Fairmont Federal Credit Union's 2024 HMDA record for West Virginia covers 275 applications, 140 of them originated, worth $18m.
Its denial rate in the state was 35.0%, above the West Virginia rate of 28.3% across all lenders and compared with the lender's national rate of 35.2%.
The median rate spread on its West Virginia originations was -0.8 percentage points (state median 0.4).
Applications in the state were down 15% on 2023.
Compared with the state and the lender's national record
| Measure | In West Virginia | West Virginia, all lenders | Fairmont Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 35.0% | 28.3% | 35.2% | 24.3% |
| Median rate spread, pp | -0.8 | 0.4 | -0.8 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.0% | 15.8% | 0.0% | 15.6% |
| Average originated loan | $131k | $195k | $131k | $329k |
| Home purchase share | 47.1% | 61.4% | 47.1% | 57.0% |
| FHA-insured share | 0.0% | 17.5% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 9.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateWest Virginia, all lenders
Loan purpose and loan type in West Virginia
By purpose
Home purchase 47% (66)Home improvement 13% (18)Refinancing 1% (2)Cash-out refinancing 24% (34)Other purpose 14% (20)
By type
Conventional 100% (140)
Denial reasons as coded
Share of 91 denials in West Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in West Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Marion County | 137 | 78 | $10.0m | 29.2% |
| Monongalia County | 55 | 25 | $3.7m | 40.4% |
| Harrison County | 55 | 21 | $2.5m | 50.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Fairmont Federal Credit Union originate in West Virginia in 2024?
140 loans totalling $18m, from 275 applications reported for properties in West Virginia.
What is Fairmont Federal Credit Union's denial rate in West Virginia?
35.0% of decided applications in West Virginia were denied, against 28.3% for all lenders in the state and 35.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which West Virginia counties does Fairmont Federal Credit Union lend in most?
By originations: Marion County (78), Monongalia County (25), Harrison County (21).
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 West Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.