Associated Bank in Michigan vs the state
35.8%Denial rate+17.28 pts vs state
36.3%Decision denial rate+13.67 pts vs state
60.5%Origination rate+0.60 pts vs state
6.63%Median rate-0.13 pts vs state
-0.02Rate spread (pts)-0.42 pts vs state
$113kMedian applicant income
49Loans originated
29Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 75 | 34 | 34.7% | 7.00% | #298 |
| 2024 | 66 | 40 | 27.3% | 7.00% | #322 |
| 2025 | 81 | 49 | 35.8% | 6.63% | #294 |
What Associated Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Associated Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Gogebic County | 27 | 18 | 9 | 33.3% |
| Menominee County | 14 | 7 | 6 | 42.9% |
| Cass County | 4 | 4 | 0 | 0.0% |
| Berrien County | 3 | 0 | 2 | 66.7% |
| Ontonagon County | 3 | 2 | 1 | 33.3% |
| Dickinson County | 3 | 3 | 0 | 0.0% |
| Schoolcraft County | 2 | 1 | 1 | 50.0% |
| Marquette County | 2 | 2 | 0 | 0.0% |
| Genesee County | 2 | 2 | 0 | 0.0% |
| Iron County | 2 | 1 | 1 | 50.0% |
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: 81 applications in 2025, of which 49 were originated and 29 denied.
35.8% of all applications, or 36.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Associated Bank originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Associated Bank'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