Berkshire Bank in Connecticut vs the state
24.6%Denial rate+7.20 pts vs state
29.3%Decision denial rate+7.71 pts vs state
58.3%Origination rate-2.09 pts vs state
5.00%Median rate-1.63 pts vs state
-2.24Rate spread (pts)-2.48 pts vs state
$114kMedian applicant income
109Loans originated
46Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 309 | 166 | 31.4% | 6.00% | #65 |
| 2024 | 294 | 156 | 28.9% | 6.00% | #70 |
| 2025 | 187 | 109 | 24.6% | 5.00% | #108 |
What Berkshire Bank lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most Berkshire Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09110 | 70 | 44 | 19 | 27.1% |
| 09150 | 43 | 27 | 9 | 20.9% |
| 09180 | 39 | 21 | 10 | 25.6% |
| 09130 | 9 | 4 | 4 | 44.4% |
| 09160 | 8 | 2 | 1 | 12.5% |
| 09190 | 7 | 3 | 2 | 28.6% |
| 09170 | 4 | 4 | 0 | 0.0% |
| 09120 | 4 | 2 | 0 | 0.0% |
| 09140 | 3 | 2 | 1 | 33.3% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 187 applications in 2025, of which 109 were originated and 46 denied.
24.6% of all applications, or 29.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans Berkshire Bank originated in Connecticut in 2025 was 5.00%, against a statewide median of 6.63%.
About this data. Figures are Berkshire Bank's own HMDA filing for properties located in Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology