Associated 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 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
19th22.1% deniedPricingmedian rate spread over APOR, weight 30%
68th0.16 ptsProcesswithdrawn + incomplete share, weight 15%
53rd16.3%Closing coststotal loan costs ÷ loan amount, weight 10%
3rd5.74% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,531 | 757 | 23.0% | 31.3% | 8.00% | $129M |
| 2024 | 2,010 | 1,019 | 15.6% | 19.1% | 7.25% | $250M |
| 2025 | 1,869 | 1,213 | 18.5% | 22.1% | 6.75% | $315M |
What Associated 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: 886 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 27 investment properties.
Why Associated Credit Union denies applications
Primary reason reported for each of the 346 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Associated 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 | 185 | 79 | 47.3% |
| $50k – $100k | 537 | 296 | 33.3% |
| $100k – $150k | 472 | 321 | 19.8% |
| $150k – $250k | 405 | 313 | 10.5% |
| Over $250k | 235 | 189 | 4.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 236 | 176 | 14.0% |
| 35–44 | 353 | 224 | 24.7% |
| 45–54 | 385 | 249 | 24.8% |
| 55–64 | 456 | 288 | 22.5% |
| 65–74 | 319 | 196 | 22.8% |
| Over 74 | 108 | 70 | 21.4% |
Where Associated Credit Union lends
12 states and 120 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Georgia | 1,710 | 1,106 | 19.1% | 7.25% | #55 |
| Florida | 26 | 17 | 15.4% | 5.50% | #720 |
| South Carolina | 16 | 15 | 6.3% | 5.88% | #484 |
| North Carolina | 14 | 10 | 14.3% | 5.81% | #576 |
| Alabama | 11 | 6 | 27.3% | 5.56% | #466 |
| Tennessee | 7 | 7 | 0.0% | 5.75% | #691 |
Frequently asked questions
Associated Credit Union denied 22.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 19th percentile of mid-size mortgage lenders.
The most common reason Associated Credit Union gave in 2025 was "debt-to-income ratio", cited on 39.3% 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 Associated Credit Union originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.16 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 37% of its applications were for home purchases, 15% for refinancing (including cash-out), and 49% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.