ABCO Federal Credit Union in New Jersey vs the state
27.1%Denial rate+9.45 pts vs state
32.6%Decision denial rate+9.57 pts vs state
56.1%Origination rate+0.37 pts vs state
7.49%Median rate+0.74 pts vs state
—Rate spread (pts)
$111kMedian applicant income
190Loans originated
92Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 275 | 135 | 29.8% | 7.49% | #151 |
| 2024 | 402 | 219 | 26.4% | 7.49% | #119 |
| 2025 | 339 | 190 | 27.1% | 7.49% | #150 |
What ABCO Federal Credit Union lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most ABCO Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Burlington County | 107 | 63 | 33 | 30.8% |
| Atlantic County | 74 | 37 | 19 | 25.7% |
| Gloucester County | 57 | 38 | 12 | 21.1% |
| Camden County | 45 | 17 | 15 | 33.3% |
| Ocean County | 17 | 11 | 1 | 5.9% |
| Cape May County | 13 | 10 | 3 | 23.1% |
| Mercer County | 6 | 1 | 5 | 83.3% |
| Monmouth County | 4 | 2 | 2 | 50.0% |
| Cumberland County | 4 | 2 | 1 | 25.0% |
| Salem County | 3 | 3 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 339 applications in 2025, of which 190 were originated and 92 denied.
27.1% of all applications, or 32.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans ABCO Federal Credit Union originated in New Jersey in 2025 was 7.49%, against a statewide median of 6.75%.
About this data. Figures are ABCO Federal Credit Union's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology