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EDUCATORS CREDIT UNION

Credit Union|Mount Pleasant, WI|Regional
Loans Originated
898
Applications
1,391
Volume
$212 million
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarPurchase SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.125%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$30
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
64.6%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 12.50 basis points below market average
  • Lower than average lender fees
  • Strong pull through performance

Report Card

EDUCATORS CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
ExceptionalMarket Leader
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongRegional · 5 metro areas · 2 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$237,183
Average Borrower Income
$121,643
Average Property Value
$328,708

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Exceptional
Strong
88498.4%-0.122%$30

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Exceptional
Strong
58164.7%-0.125%-$170
Refinance
Strong
Strong
Exceptional
Strong
31735.3%-0.126%$408

Geographic Coverage

Metro Areas
4
States Served
2
We count Washington DC as a state
Avg Place Specialization
Exceptional

States with Loan Originations

ILWI

Top Metro Areas by Place Specialization Score

1
Racine, WIMSA
Volume: 261Mix: 29.06%
Place Specialization
Exceptional
2
Kenosha, WI, WIMSA
Volume: 110Mix: 12.25%
Place Specialization
Exceptional
3
Milwaukee, WIMSA
Volume: 414Mix: 46.10%
Place Specialization
Exceptional
4
Janesville, WIMSA
Volume: 26Mix: 2.90%
Place Specialization
Sound

Top States by Place Specialization Score

1
WIState
Volume: 890Mix: 99.11%
Place Specialization
Exceptional

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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