# THE STATE CREDIT UNION

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


THE STATE CREDIT UNION is a credit union, headquartered in CHARLESTON, WV, with 47 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 16% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 64% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300YEIILDTG022408
- **Headquarters:** CHARLESTON, WV
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** WV
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 84/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 36/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.285%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $250
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 47
- **Dollar Volume:** $4 million
- **Applications Received:** 47
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $93,085
- **Average Borrower Income:** $87,255
- **Average Property Value:** $157,128

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 43/100 | 47 | -0.285% | $250 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Refinance: 38 loans, Score: 60/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Refinance | 58/100 | 38 | $3M | -0.092% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WV | 47 | 0.30% | 71/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Charleston, WV | WV | 30 | 75/100 |
| Non |  | 13 | 33/100 |

## Where This Lender Ranks

THE STATE CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Charleston, WV for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/charleston-wv/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in West Virginia for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/west-virginia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in West Virginia Credit Unions
  - [View Full Rankings](https://saferate.com/west-virginia/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Charleston, WV for Conventional Loans
  - [View Full Rankings](https://saferate.com/charleston-wv/best-mortgage-lenders/conventional-loans)
- 🏆 **#11** in West Virginia for Conventional Loans
  - [View Full Rankings](https://saferate.com/west-virginia/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in Charleston, WV
  - [View Full Rankings](https://saferate.com/charleston-wv/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does THE STATE CREDIT UNION offer?

THE STATE 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 THE STATE CREDIT UNION offer mortgages?

THE STATE CREDIT UNION offers mortgages in 1 states: WV.

### How competitive are THE STATE CREDIT UNION's mortgage rates?

THE STATE CREDIT UNION has a pricing score of 84/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.285% below market average.

### What type of lender is THE STATE CREDIT UNION?

THE STATE CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in CHARLESTON, WV.

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

THE STATE CREDIT UNION has a pull-through score of 36/100 (Acceptable). 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/the-state-credit-union

### How to Cite

> "THE STATE CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-state-credit-union

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