At a glance
From its website, read 2 Nov 2026Clearway Federal Credit Union is a credit union based in Malvern, Arkansas. Its website describes auto loans, credit-builder loans, home mortgages and 1 other loan type. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.clearwaycu.org |
| Office (official list) | P.O. Box 1080, Malvern, AR 72104 |
What their website says about applying
Our online loan application makes it easy to apply for auto loans, credit cards, personal loans and more!
sourceOpen the door to home ownership with a Clearway home or land loan. Our online application is easy and convenient.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- Minimum credit score: 620
Minimum Credit Score 620 (credit counseling available)
source - No or thin credit history considered
This loan is also for members who are trying to establish credit when they have no credit history.
source - Low or damaged credit considered
A credit builder loan is a solution for members who are serious about rebuilding their credit
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 15 Feb 2016 |
| RSSD ID | 429786 |
| Address | P.O. Box 1080, Malvern, AR 72104 Directions to the main office (Google Maps) |
| Website | www.clearwaycu.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Several loan pages (auto, home loans with heart, recreation loans) contained only titles, and no geographic service area is stated. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Refinancing your auto loan from another lender is also a great way to give your budget a boost. | source |
| Credit-builder loans | up to $1,500 | You are approved to borrow up to $1,500. | source |
| Home mortgages | — | Fixed Rate Home Loans available for 15-, 20-, and 30-year terms | source |
| Personal / consumer loans | — | A Clearway personal signature loan is perfect for a new appliance, lawn or garden equipment, a new computer, electronics or any other consumer need. | source |
Loan sizes
You are approved to borrow up to $1,500.
source
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Our online loan application makes it easy to apply for auto loans, credit cards, personal loans and more!
source
Pages read (7)
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and credit-builder loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer down-payment help, and is a homebuyer education course required?
CDFI home loans often come with homebuyer education or down-payment help; their website does not say. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as CLEARWAY (charter 13762). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $79.6 million (as of 30 Jun 2026) |
|---|---|
| Members | 8,724 (as of 30 Jun 2026) |
| Offices | 3 (as of 30 Jun 2026) |
Offices by state and county (3)
Arkansas (3 offices)
- Garland County (2): 115 E Grand Ave, Hot Springs 71901; 4032 Central Ave, Hot Springs 71913
- Hot Spring County (1): 7333 Highway 270, Malvern 72104 (main office)
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by Clearway Federal Credit Union (NCUA charter 13762, filed as “CLEARWAY”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $57.5 million, 4,643 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Up 8.4% from $53 million on 30 Jun 2025 |
| Members | 8,724 (as of 30 Jun 2026); 9,212 (as of 30 Jun 2025) |
| Loans per member | $6,589 (total loans divided by members, 30 Jun 2026) |
| Total assets | $79.6 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $6.6 million | 11.5% |
| Used vehicle loans | $22.6 million | 39.3% |
| First-lien home mortgages (1-4 family) | $17.2 million | 29.9% |
| Other real estate loans (junior liens, other) | $2.7 million | 4.8% |
| Credit cards | $981,598 | 1.7% |
| Other unsecured loans | $2.3 million | 4.0% |
| Leases and other secured loans | $5.1 million | 8.8% |
None reported on the 30 Jun 2026 report: commercial (business) loans.
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Clearway Federal Credit Union reported 51 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $6.8M (median loan about $105,000). 8 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 8 | 16% |
| Refinance (incl. 40 cash-out) | 43 | 84% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 47 | 92% |
| VA-guaranteed | 3 | 5.9% |
Included above: 6 loans on manufactured homes.
Where the loans were made
Counties with the most 2025 originations, out of 10 counties with at least one; 100% of its 2025 loans were for properties in Arkansas:
- Hot Spring County, AR (21)
- Garland County, AR (19)
- Saline County, AR (4)
Filed under LEI 254900NWDFXM54GX9625 as “Diamond Lakes Federal Credit Union”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $79.6 million | Larger than 32% of the 284 other certified credit unions nationwide (median $182.7 million). |
| Loans as a share of assets | 72% | Median of the same 284 credit unions: 69%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $53 million → $57.5 million (+8%) | Median change of 282 other certified credit unions nationwide: +3%. Rank by loans held among these 283: 187 → 183. |
| Home loans originated in 2025 (HMDA) | 51 | More than 24% of the 263 other certified CDFIs that reported 3 or more (120 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified credit unions nationwide | 284 | larger than 32% |
| Loans held then vs now | certified credit unions nationwide reporting both dates | 282 | rank 187 → 183 of 283 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 24% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
Other certified CDFIs in Malvern and Arkansas
- Bank of Lake VillageBank or thrift · Lake Village, ARAgriculture / farm loans, Auto / vehicle loans, Commercial real estate loans, Equipment loans…Verified
- Communities Unlimited, Inc.Loan fund · Fayetteville, ARAgriculture / farm loans, Home repair / improvement loans, Small-business loansVerified
- Connect BankBank or thrift · Star City, ARCommercial real estate loans, Equipment loans, Personal / consumer loans, Small-business loansVerified
- Cotton Belt FCUCredit union · Pine Bluff, ARAuto / vehicle loans, Credit-builder loans, Home mortgages, Personal / consumer loansVerified
- FBT Bancshares, Inc.Bank holding company · Fordyce, ARAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home repair / improvement loans…Verified
- FBT Bank & Mortgage (Fordyce Bank & Trust Company)Bank or thrift · Fordyce, ARAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home repair / improvement loans…Verified
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