# CORNING CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/corning-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


CORNING CREDIT UNION is a credit union, headquartered in CORNING, NY, serving borrowers across 6 states, with 425 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 21% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300WK15ESCDNJ5M35
- **Headquarters:** CORNING, NY
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** FL, MD, NC, NY, PA, SC
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.8%
- **Brokered/Wholesale:** 0.2%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 79/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.008%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,036
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 425
- **Dollar Volume:** $135 million
- **Applications Received:** 617
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $316,882
- **Average Borrower Income:** $163,073
- **Average Property Value:** $473,941

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 72/100 | 409 | -0.004% | $1,052 | Strong 😀 |
| Jumbo | 68/100 | 16 | -0.285% | $97 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 379 loans, Score: 73/100 (Strong)
- Refinance: 30 loans, Score: 46/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 71/100 | 395 | $128M | -0.014% | Strong 😀 |
| Refinance | 44/100 | 30 | $7M | +0.053% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 200 | 0.14% | 70/100 |
| NY | 168 | 0.15% | 70/100 |
| PA | 28 | 0.02% | 49/100 |
| SC | 21 | 0.03% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Wilmington, NC | NC | 167 | 92/100 |
| Non |  | 111 | 57/100 |
| Elmira, NY | NY | 69 | 92/100 |
| Myrtle Beach | SC | 16 | 49/100 |
| Chambersburg, PA | PA | 10 | 44/100 |
| Charlotte | NC-SC | 10 | 40/100 |

## Where This Lender Ranks

CORNING CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Elmira, NY
  - [View Full Rankings](https://saferate.com/elmira-ny/best-mortgage-lenders)
- 🥈 **#2** in Wilmington, NC Credit Unions
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Wilmington, NC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Wilmington, NC for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥈 **#2** in Elmira, NY for Conventional Loans
  - [View Full Rankings](https://saferate.com/elmira-ny/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Elmira, NY for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/elmira-ny/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Wilmington, NC for Conventional Loans
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/conventional-loans)
- 🏆 **#5** in Wilmington, NC
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders)
- 🏆 **#5** in Chambersburg, PA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/chambersburg-pa/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Wilmington, NC for Jumbo Loans
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/jumbo-loans)
- 🏆 **#13** in Chambersburg, PA for Conventional Loans
  - [View Full Rankings](https://saferate.com/chambersburg-pa/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does CORNING CREDIT UNION offer?

CORNING CREDIT UNION offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does CORNING CREDIT UNION offer mortgages?

CORNING CREDIT UNION offers mortgages in 6 states: FL, MD, NC, NY, PA, SC.

### How competitive are CORNING CREDIT UNION's mortgage rates?

CORNING CREDIT UNION has a pricing score of 79/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.008% below market average.

### What type of lender is CORNING CREDIT UNION?

CORNING CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in CORNING, NY.

### What is CORNING CREDIT UNION's loan approval success rate?

CORNING CREDIT UNION has a pull-through score of 60/100 (Strong). 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/corning-credit-union

### How to Cite

> "CORNING CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/corning-credit-union

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