AlaTrust Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
2nd51.6% deniedPricingmedian rate spread over APOR, weight 30%
97th-2.31 ptsProcesswithdrawn + incomplete share, weight 15%
10th22.1%Closing coststotal loan costs ÷ loan amount, weight 10%
13th5.09% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 153 | 69 | 31.4% | 40.7% | 6.00% | $11M |
| 2024 | 226 | 85 | 37.2% | 49.1% | 6.44% | $10M |
| 2025 | 249 | 94 | 40.2% | 51.6% | 6.75% | $12M |
What AlaTrust Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 138 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 16 investment properties.
Why AlaTrust Credit Union denies applications
Primary reason reported for each of the 100 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at AlaTrust Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 40 | 5 | 84.9% |
| $50k – $100k | 85 | 27 | 59.7% |
| $100k – $150k | 52 | 19 | 53.7% |
| $150k – $250k | 41 | 24 | 25.0% |
| Over $250k | 25 | 18 | 5.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 29 | 11 | 47.6% |
| 35–44 | 39 | 11 | 60.7% |
| 45–54 | 51 | 27 | 38.6% |
| 55–64 | 56 | 21 | 56.3% |
| 65–74 | 44 | 14 | 56.3% |
Where AlaTrust Credit Union lends
5 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 188 | 85 | 40.4% | 7.00% | #159 |
Frequently asked questions
AlaTrust Credit Union denied 51.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 2nd percentile of home-equity (HELOC) lenders.
The most common reason AlaTrust Credit Union gave in 2025 was "debt-to-income ratio", cited on 73.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans AlaTrust Credit Union originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was -2.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 24% of its applications were for home purchases, 37% for refinancing (including cash-out), and 39% for home improvement or other purposes. By loan type: 97% conventional, 2% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.