Berkshire Bank in New York vs the state
29.4%Denial rate+9.66 pts vs state
34.6%Decision denial rate+10.58 pts vs state
54.9%Origination rate-4.69 pts vs state
6.13%Median rate-0.50 pts vs state
-0.55Rate spread (pts)-0.76 pts vs state
$89kMedian applicant income
84Loans originated
45Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 358 | 203 | 26.3% | 6.38% | #144 |
| 2024 | 354 | 168 | 29.4% | 6.38% | #151 |
| 2025 | 153 | 84 | 29.4% | 6.13% | #232 |
What Berkshire Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Berkshire Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oneida County | 48 | 25 | 14 | 29.2% |
| Albany County | 18 | 9 | 6 | 33.3% |
| Columbia County | 8 | 3 | 4 | 50.0% |
| Onondaga County | 8 | 6 | 1 | 12.5% |
| Washington County | 8 | 4 | 2 | 25.0% |
| Warren County | 8 | 5 | 3 | 37.5% |
| Saratoga County | 7 | 5 | 1 | 14.3% |
| Herkimer County | 7 | 6 | 1 | 14.3% |
| Montgomery County | 5 | 2 | 3 | 60.0% |
| Rensselaer County | 5 | 2 | 1 | 20.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 153 applications in 2025, of which 84 were originated and 45 denied.
29.4% of all applications, or 34.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Berkshire Bank originated in New York in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Berkshire Bank's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology