COASTAL Federal Credit Union in North Carolina vs the state
26.7%Denial rate+8.65 pts vs state
28.2%Decision denial rate+5.34 pts vs state
60.9%Origination rate+3.08 pts vs state
7.40%Median rate+0.90 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$130kMedian applicant income
3,167Loans originated
1,389Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,054 | 3,582 | 24.2% | 8.50% | #16 |
| 2024 | 5,019 | 2,955 | 24.8% | 8.40% | #22 |
| 2025 | 5,201 | 3,167 | 26.7% | 7.40% | #21 |
What COASTAL 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 COASTAL Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wake County | 2,588 | 1,659 | 602 | 23.3% |
| Durham County | 466 | 289 | 119 | 25.5% |
| Johnston County | 412 | 246 | 119 | 28.9% |
| Franklin County | 152 | 95 | 41 | 27.0% |
| Orange County | 138 | 91 | 25 | 18.1% |
| Mecklenburg County | 129 | 66 | 45 | 34.9% |
| Harnett County | 114 | 66 | 38 | 33.3% |
| Chatham County | 93 | 60 | 16 | 17.2% |
| Nash County | 83 | 44 | 32 | 38.6% |
| Granville County | 75 | 41 | 18 | 24.0% |
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: 5,201 applications in 2025, of which 3,167 were originated and 1,389 denied.
26.7% of all applications, or 28.2% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans COASTAL Federal Credit Union originated in North Carolina in 2025 was 7.40%, against a statewide median of 6.50%.
About this data. Figures are COASTAL 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