Chemung Canal Trust in New York vs the state
15.3%Denial rate-4.41 pts vs state
15.9%Decision denial rate-8.11 pts vs state
71.3%Origination rate+11.72 pts vs state
6.50%Median rate-0.13 pts vs state
0.22Rate spread (pts)+0.01 pts vs state
$108kMedian applicant income
251Loans originated
54Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 363 | 245 | 18.5% | 6.38% | #143 |
| 2024 | 394 | 279 | 14.7% | 6.63% | #143 |
| 2025 | 352 | 251 | 15.3% | 6.50% | #162 |
What Chemung Canal Trust lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Chemung Canal Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chemung County | 65 | 45 | 11 | 16.9% |
| Saratoga County | 36 | 29 | 3 | 8.3% |
| Albany County | 27 | 20 | 3 | 11.1% |
| Cayuga County | 25 | 16 | 7 | 28.0% |
| Erie County | 23 | 14 | 2 | 8.7% |
| Tioga County | 23 | 18 | 4 | 17.4% |
| Tompkins County | 21 | 18 | 0 | 0.0% |
| Rensselaer County | 20 | 17 | 0 | 0.0% |
| Schuyler County | 17 | 8 | 7 | 41.2% |
| Schenectady County | 14 | 11 | 1 | 7.1% |
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: 352 applications in 2025, of which 251 were originated and 54 denied.
15.3% of all applications, or 15.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Chemung Canal Trust originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Chemung Canal Trust'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