AAC Credit Union in Michigan vs the state
11.2%Denial rate-7.34 pts vs state
12.5%Decision denial rate-10.08 pts vs state
78.3%Origination rate+18.37 pts vs state
7.49%Median rate+0.74 pts vs state
1.64Rate spread (pts)+1.24 pts vs state
$78kMedian applicant income
126Loans originated
18Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 171 | 152 | 4.7% | 7.49% | #200 |
| 2024 | 155 | 135 | 7.7% | 7.99% | #224 |
| 2025 | 161 | 126 | 11.2% | 7.49% | #235 |
What AAC Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most AAC Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ottawa County | 50 | 40 | 6 | 12.0% |
| Kent County | 46 | 38 | 4 | 8.7% |
| Muskegon County | 27 | 21 | 3 | 11.1% |
| Allegan County | 17 | 13 | 3 | 17.6% |
| Eaton County | 2 | 1 | 0 | 0.0% |
| Manistee County | 2 | 1 | 0 | 0.0% |
| Macomb County | 2 | 2 | 0 | 0.0% |
| Montcalm County | 2 | 2 | 0 | 0.0% |
| Mason County | 2 | 1 | 1 | 50.0% |
| Barry County | 1 | 1 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 161 applications in 2025, of which 126 were originated and 18 denied.
11.2% of all applications, or 12.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans AAC Credit Union originated in Michigan in 2025 was 7.49%, against a statewide median of 6.75%.
About this data. Figures are AAC Credit Union's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology