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EVERENCE FEDERAL CREDIT UNION

Credit Union|Lancaster, PA|Multi-Region
Loans Originated
63
Applications
97
Volume
$13 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Average Rate Spread
+0.211%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$798
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
64.9%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pull through efficiency is below industry average

Report Card

EVERENCE FEDERAL CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
AcceptableNear industry average
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundMulti-Regional · 2 metro areas · 10 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$214,683
Average Borrower Income
$99,825
Average Property Value
$307,698

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Sound
Sound
63100.0%+0.211%$798

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Acceptable
Sound
Sound
4876.2%+0.160%$862
Refinance
Acceptable
Acceptable
N/A
Acceptable
1523.8%+0.443%$510

Geographic Coverage

Metro Areas
1
States Served
10
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Elkhart, INMSA
Volume: 13Mix: 20.63%
Place Specialization
Sound

Top States by Place Specialization Score

1
PAState
Volume: 16Mix: 25.40%
Place Specialization
Sound
2
INState
Volume: 16Mix: 25.40%
Place Specialization
Sound
3
FLState
Volume: 10Mix: 15.87%
Place Specialization
Sound

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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