# FIRST COMMERCE CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/first-commerce-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

FIRST COMMERCE CREDIT UNION is a credit union, headquartered in Tallahassee, FL, serving borrowers across 3 states, with 118 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 6% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 73% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300GMNBYF84V5RF83
- **Headquarters:** Tallahassee, FL
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** FL, GA, NC
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 94/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 27/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.418%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,377
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 118
- **Dollar Volume:** $34 million
- **Applications Received:** 209
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $285,763
- **Average Borrower Income:** $142,195

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 118 | -0.418% | $1,377 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 92 loans, Score: 49/100 (Sound)
- Refinance: 26 loans, Score: 50/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 47/100 | 92 | $28M | -0.385% | Sound ☺️ |
| Refinance | 48/100 | 26 | $5M | -0.571% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 82 | 0.03% | 62/100 |
| GA | 35 | 0.03% | 56/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Tallahassee, FL | FL | 70 | 82/100 |
| Non |  | 34 | 44/100 |

## Frequently Asked Questions

### What loan types does FIRST COMMERCE CREDIT UNION offer?

FIRST COMMERCE 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 FIRST COMMERCE CREDIT UNION offer mortgages?

FIRST COMMERCE CREDIT UNION offers mortgages in 3 states: FL, GA, NC.

### How competitive are FIRST COMMERCE CREDIT UNION's mortgage rates?

FIRST COMMERCE CREDIT UNION has a pricing score of 94/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.418% below market average.

### What type of lender is FIRST COMMERCE CREDIT UNION?

FIRST COMMERCE CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Tallahassee, FL.

### What is FIRST COMMERCE CREDIT UNION's loan approval success rate?

FIRST COMMERCE CREDIT UNION has a pull-through score of 27/100 (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/first-commerce-credit-union

### How to Cite

> "FIRST COMMERCE CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-commerce-credit-union

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