Carolinas Telco Federal Credit Union in North Carolina vs the state
7.9%Denial rate-10.13 pts vs state
9.8%Decision denial rate-12.98 pts vs state
71.4%Origination rate+13.56 pts vs state
7.25%Median rate+0.75 pts vs state
0.16Rate spread (pts)+0.07 pts vs state
$113kMedian applicant income
162Loans originated
18Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 8 | 12.5% | 8.00% | #551 |
| 2024 | 27 | 15 | 7.4% | 6.00% | #465 |
| 2025 | 227 | 162 | 7.9% | 7.25% | #223 |
What Carolinas Telco Federal Credit Union lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Carolinas Telco Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 79 | 51 | 9 | 11.4% |
| Gaston County | 31 | 24 | 3 | 9.7% |
| Wake County | 21 | 16 | 1 | 4.8% |
| Union County | 16 | 12 | 0 | 0.0% |
| Cabarrus County | 12 | 10 | 0 | 0.0% |
| Iredell County | 10 | 6 | 0 | 0.0% |
| Lincoln County | 9 | 7 | 1 | 11.1% |
| Rowan County | 4 | 4 | 0 | 0.0% |
| Cleveland County | 4 | 2 | 2 | 50.0% |
| Stanly County | 3 | 3 | 0 | 0.0% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 227 applications in 2025, of which 162 were originated and 18 denied.
7.9% of all applications, or 9.8% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Carolinas Telco Federal Credit Union originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Carolinas Telco Federal Credit Union's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology