# CHESSIE Federal Credit Union

> **Canonical URL:** https://saferate.com/lenders/chessie-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


CHESSIE Federal Credit Union is a credit union, headquartered in Cumberland, MD, serving borrowers across 3 states, with 70 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 51% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 53% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300T82SC9BPCIU410
- **Headquarters:** Cumberland, MD
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** MD, PA, WV
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 49/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 47/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.273%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $438
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 70
- **Dollar Volume:** $11 million
- **Applications Received:** 83
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $154,714
- **Average Borrower Income:** $91,414
- **Average Property Value:** $260,571

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 29/100 | 70 | +0.273% | $438 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 24 loans, Score: 18/100 (Mediocre)
- Refinance: 46 loans, Score: 49/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 19/100 | 24 | $5M | +0.114% | Mediocre 😐 |
| Refinance | 46/100 | 46 | $6M | +0.366% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MD | 42 | 0.06% | 61/100 |
| WV | 21 | 0.14% | 58/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 66 | 57/100 |

## Frequently Asked Questions

### What loan types does CHESSIE Federal Credit Union offer?

CHESSIE Federal Credit Union offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does CHESSIE Federal Credit Union offer mortgages?

CHESSIE Federal Credit Union offers mortgages in 3 states: MD, PA, WV.

### How competitive are CHESSIE Federal Credit Union's mortgage rates?

CHESSIE Federal Credit Union has a pricing score of 49/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.273% above market average.

### What type of lender is CHESSIE Federal Credit Union?

CHESSIE Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Cumberland, MD.

### What is CHESSIE Federal Credit Union's loan approval success rate?

CHESSIE Federal Credit Union has a pull-through score of 47/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/chessie-federal-credit-union

### How to Cite

> "CHESSIE Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/chessie-federal-credit-union

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