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Pioneer Appalachia Federal Credit Union

Charleston, WV

Pioneer Appalachia Federal Credit Union processed 134 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 72 loans with a 28.4% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Charleston, WV. The approval rate of 53.7% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Pioneer Appalachia Federal Credit Union's 53.7% origination rate tells you how often an application turned into funded money; the 28.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (134 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

134
Applications
72
Originated
28.4%
Denial Rate
$134,627
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 134 72 38 $134,627

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Pioneer Appalachia Federal Credit Union (LEI: 5493003ST36V2G6YFH54) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
24
Debt-to-income ratio
11
Collateral
2
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 65 40 $96,077
Home Purchase 44 17 $190,455
Refinancing 14 9 $211,429
Home Improvement 11 6 $41,364

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 127 55.1% 27.6%
Black or African American * 6 33.3% 50.0%
Asian * 1 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 134 53.7% 28.4%

Nearby Lenders in WV

Other HMDA-reporting lenders in WV with similar activity. Compare any two side-by-side.

Wesbanco Bank, INC.

WHEELING, WV

6,755 apps 4,430 originated 17.7% denied

United Bank

MORGANTOWN, WV

6,567 apps 3,535 originated 12.4% denied

City National Bank of WV

Cross Lanes, WV

4,878 apps 2,967 originated 25.4% denied

Hancock County Savings Bank, FSB

Chester, WV

683 apps 446 originated 11.4% denied

Bayer Hfcu

NEW MARTINSVILLE, WV

536 apps 349 originated 17.9% denied
Compare Pioneer Appalachia Federal Credit Union vs Wesbanco Bank, INC. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Pioneer Appalachia Federal Credit Union process?
Pioneer Appalachia Federal Credit Union processed 134 mortgage applications in the 2024 HMDA reporting year. Of these, 72 were originated (approved and funded), 1 were withdrawn by the applicant, and 38 were denied.
What is Pioneer Appalachia Federal Credit Union's mortgage approval rate?
Pioneer Appalachia Federal Credit Union has an approval (origination) rate of 53.7%, meaning 53.7% of all applications resulted in a funded mortgage. The denial rate is 28.4%.
What is the average loan amount at Pioneer Appalachia Federal Credit Union?
The average mortgage loan amount at Pioneer Appalachia Federal Credit Union is $134,627.
What are the most common reasons for mortgage denial at Pioneer Appalachia Federal Credit Union?
The most common reasons for mortgage denial at Pioneer Appalachia Federal Credit Union are: Credit history, Debt-to-income ratio, Collateral. In total, 38 applications were denied out of 134 total applications.
What types of mortgage loans does Pioneer Appalachia Federal Credit Union offer?
Pioneer Appalachia Federal Credit Union processes Conventional loans. The most common type is Conventional with 134 applications and an average loan amount of $134,627.
What loan purposes does Pioneer Appalachia Federal Credit Union serve?
Pioneer Appalachia Federal Credit Union serves the following loan purposes: Cash-out Refinancing (65 applications), Home Purchase (44 applications), Refinancing (14 applications), Home Improvement (11 applications). Cash-out Refinancing is the most common purpose.
Where is Pioneer Appalachia Federal Credit Union located?
Pioneer Appalachia Federal Credit Union is headquartered in Charleston, WV. The lender is identified by LEI 5493003ST36V2G6YFH54 in HMDA data.
How does Pioneer Appalachia Federal Credit Union compare in lending across racial demographics?
Pioneer Appalachia Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 55.1% and denial rate of 27.6%; Black or African American applicants have an approval rate of 33.3% and denial rate of 50.0%; Asian applicants have an approval rate of 0.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.