# Bowater Employees Credit Union

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

Bowater Employees Credit Union is a credit union, headquartered in CALHOUN, TN, with 32 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 83% 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):** 254900TTXC2DBWKBNZ05
- **Headquarters:** CALHOUN, TN
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** TN
- **Markets (MSAs):** 2
- **Primary Channel:** wholesale
- **Direct Origination:** 12.5%
- **Brokered/Wholesale:** 87.5%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 17/100
- Rating: ●○○○○ (1/5)

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

### Pricing Details
- **Average Rate Spread:** +0.356%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,162
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 32
- **Dollar Volume:** $6 million
- **Applications Received:** 48
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $195,938
- **Average Borrower Income:** $81,594

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 32/100 | 32 | +0.356% | $3,162 | Acceptable 🙂 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 17/100 | 18 | $3M | +0.482% | Mediocre 😐 |
| Refinance | 24/100 | 14 | $3M | +0.193% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 32 | 0.04% | 60/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 19 | 41/100 |
| Cleveland, TN | TN | 12 | 59/100 |

## Frequently Asked Questions

### What loan types does Bowater Employees Credit Union offer?

Bowater Employees 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 Bowater Employees Credit Union offer mortgages?

Bowater Employees Credit Union offers mortgages in 1 states: TN.

### How competitive are Bowater Employees Credit Union's mortgage rates?

Bowater Employees Credit Union has a pricing score of 17/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.356% above market average.

### What type of lender is Bowater Employees Credit Union?

Bowater Employees Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in CALHOUN, TN.

### What is Bowater Employees Credit Union's loan approval success rate?

Bowater Employees 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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/bowater-employees-credit-union

### How to Cite

> "Bowater Employees Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bowater-employees-credit-union

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