Citizens Bank in Michigan vs the state
29.0%Denial rate+10.52 pts vs state
33.2%Decision denial rate+10.58 pts vs state
56.1%Origination rate-3.81 pts vs state
7.65%Median rate+0.90 pts vs state
0.39Rate spread (pts)-0.01 pts vs state
$90kMedian applicant income
3,697Loans originated
1,914Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,631 | 3,284 | 37.1% | 8.40% | #8 |
| 2024 | 5,265 | 2,848 | 31.6% | 8.90% | #10 |
| 2025 | 6,592 | 3,697 | 29.0% | 7.65% | #7 |
What Citizens Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Citizens Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 2,224 | 1,137 | 755 | 33.9% |
| Oakland County | 1,669 | 980 | 447 | 26.8% |
| Macomb County | 1,240 | 737 | 333 | 26.9% |
| Washtenaw County | 184 | 124 | 33 | 17.9% |
| Livingston County | 157 | 107 | 33 | 21.0% |
| Monroe County | 121 | 76 | 25 | 20.7% |
| Genesee County | 103 | 56 | 25 | 24.3% |
| Shiawassee County | 99 | 57 | 26 | 26.3% |
| St. Clair County | 76 | 46 | 21 | 27.6% |
| Kent County | 66 | 39 | 15 | 22.7% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
| Newrez | D | 4,958 | 18.5% | 6.75% |
Frequently asked questions
Michigan: 6,592 applications in 2025, of which 3,697 were originated and 1,914 denied.
29.0% of all applications, or 33.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Citizens Bank originated in Michigan in 2025 was 7.65%, against a statewide median of 6.75%.
About this data. Figures are Citizens Bank's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology