Beacon Credit Union in Indiana vs the state
13.9%Denial rate-2.72 pts vs state
14.8%Decision denial rate-5.37 pts vs state
72.7%Origination rate+10.49 pts vs state
7.25%Median rate+0.50 pts vs state
0.34Rate spread (pts)-0.02 pts vs state
$76kMedian applicant income
499Loans originated
95Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 477 | 353 | 15.1% | 7.75% | #103 |
| 2024 | 525 | 349 | 20.4% | 7.75% | #104 |
| 2025 | 686 | 499 | 13.9% | 7.25% | #91 |
What Beacon Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Beacon Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami County | 97 | 67 | 19 | 19.6% |
| Wabash County | 95 | 81 | 5 | 5.3% |
| Cass County | 59 | 45 | 6 | 10.2% |
| Fulton County | 54 | 40 | 8 | 14.8% |
| Kosciusko County | 48 | 37 | 8 | 16.7% |
| DeKalb County | 42 | 23 | 10 | 23.8% |
| Rush County | 35 | 27 | 1 | 2.9% |
| Washington County | 32 | 22 | 8 | 25.0% |
| Grant County | 30 | 20 | 3 | 10.0% |
| Jackson County | 21 | 10 | 4 | 19.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 686 applications in 2025, of which 499 were originated and 95 denied.
13.9% of all applications, or 14.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Beacon Credit Union originated in Indiana in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Beacon Credit Union's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology