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Bank-Fund Staff Federal Credit Union

Credit Union|WASHINGTON, DC|Near-National
Loans Originated
508
Applications
923
Volume
$314 million
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Sound
Safe Rate AwardsJumbo Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.097%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
-$1,126
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
55.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 9.70 basis points below market average
  • Lower than average lender fees
  • Nationwide availability with consistent service

Report Card

Bank-Fund Staff Federal Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
ExceptionalMarket Leader
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
StrongNear-National · 5 metro areas · 31 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$618,602
Average Borrower Income
$247,618
Average Property Value
$878,524

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Exceptional
Acceptable
46090.6%-0.090%-$1,017
Jumbo Loans
Strong
Strong
Exceptional
Sound
489.4%-0.177%-$2,421

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Exceptional
Acceptable
46090.6%-0.091%-$1,146
Refinance
Sound
Sound
Exceptional
Acceptable
489.4%-0.157%-$931

Geographic Coverage

Metro Areas
4
States Served
31
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARCACOCTDCDEFLGAILINMAMDMONCNENHNJNMNVNYOHOKORPASCTNTXUTVAWAWV

Top Metro Areas by Place Specialization Score

1
Washington, DC, DC-MDMSA
Volume: 133Mix: 26.18%
Place Specialization
Exceptional
2
Frederick, MDMSA
Volume: 95Mix: 18.70%
Place Specialization
Strong
3
Arlington, VA-WVMSA
Volume: 157Mix: 30.91%
Place Specialization
Strong
4
Baltimore, MDMSA
Volume: 13Mix: 2.56%
Place Specialization
Sound

Top States by Place Specialization Score

1
DCState
Volume: 129Mix: 25.39%
Place Specialization
Exceptional
2
VAState
Volume: 167Mix: 32.87%
Place Specialization
Strong
3
MDState
Volume: 116Mix: 22.83%
Place Specialization
Strong
4
CAState
Volume: 13Mix: 2.56%
Place Specialization
Acceptable
5
FLState
Volume: 11Mix: 2.17%
Place Specialization
Acceptable

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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