Citibank in Rhode Island vs the state
25.7%Denial rate+7.01 pts vs state
37.5%Decision denial rate+14.33 pts vs state
42.9%Origination rate-16.89 pts vs state
6.25%Median rate-0.50 pts vs state
-0.03Rate spread (pts)-0.21 pts vs state
$281kMedian applicant income
15Loans originated
9Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 25 | 19 | 4.0% | 5.75% | #120 |
| 2024 | 43 | 16 | 14.0% | 6.38% | #92 |
| 2025 | 35 | 15 | 25.7% | 6.25% | #119 |
What Citibank lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Citibank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 15 | 4 | 5 | 33.3% |
| Newport County | 9 | 5 | 2 | 22.2% |
| Washington County | 7 | 5 | 0 | 0.0% |
| Kent County | 4 | 1 | 2 | 50.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 35 applications in 2025, of which 15 were originated and 9 denied.
25.7% of all applications, or 37.5% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Citibank originated in Rhode Island in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Citibank's own HMDA filing for properties located in Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology