# GENERAL ELECTRIC CREDIT UNION

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


GENERAL ELECTRIC CREDIT UNION is a credit union, headquartered in Cincinnati, OH, serving borrowers across 7 states, with 379 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 28% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 36% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300MH5OXXJKWZZY83
- **Headquarters:** Cincinnati, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** FL, IN, KY, NC, OH, SC, WV
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.001%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $872
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 379
- **Dollar Volume:** $132 million
- **Applications Received:** 504
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $349,301
- **Average Borrower Income:** $190,763
- **Average Property Value:** $495,501

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 56/100 | 354 | +0.019% | $873 | Sound ☺️ |
| Jumbo | 71/100 | 25 | -0.358% | $865 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 267 loans, Score: 54/100 (Sound)
- Refinance: 87 loans, Score: 61/100 (Strong)

**Jumbo:**
- Purchase: 23 loans, Score: 72/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 54/100 | 290 | $113M | -0.061% | Sound ☺️ |
| Refinance | 58/100 | 89 | $19M | +0.185% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 293 | 0.22% | 76/100 |
| KY | 64 | 0.14% | 64/100 |
| FL | 11 | 0.00% | 36/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cincinnati, OH |  | 297 | 88/100 |
| Columbus, OH | OH | 20 | 50/100 |
| Lexington | KY | 18 | 53/100 |
| Dayton | OH | 15 | 47/100 |
| Non |  | 10 | 21/100 |

## Where This Lender Ranks

GENERAL ELECTRIC CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Cincinnati, OH for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥈 **#2** in Cincinnati, OH Credit Unions
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Cincinnati, OH for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Ohio Credit Unions
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Lexington for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lexington/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Ohio for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Cincinnati, OH for Jumbo Loans
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/jumbo-loans)
- 🏆 **#7** in Cincinnati, OH
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders)
- 🏆 **#17** in Ohio for Jumbo Loans
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/jumbo-loans)
- 🏆 **#19** in Ohio
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does GENERAL ELECTRIC CREDIT UNION offer?

GENERAL ELECTRIC 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 GENERAL ELECTRIC CREDIT UNION offer mortgages?

GENERAL ELECTRIC CREDIT UNION offers mortgages in 7 states: FL, IN, KY, NC, OH, SC, WV.

### How competitive are GENERAL ELECTRIC CREDIT UNION's mortgage rates?

GENERAL ELECTRIC CREDIT UNION has a pricing score of 72/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.001% below market average.

### What type of lender is GENERAL ELECTRIC CREDIT UNION?

GENERAL ELECTRIC CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Cincinnati, OH.

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

GENERAL ELECTRIC CREDIT UNION has a pull-through score of 64/100 (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/general-electric-credit-union

### How to Cite

> "GENERAL ELECTRIC CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/general-electric-credit-union

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