COASTAL1 Credit Union in Rhode Island vs the state
24.3%Denial rate+5.64 pts vs state
26.1%Decision denial rate+2.96 pts vs state
68.2%Origination rate+8.45 pts vs state
6.75%Median rate0.00 pts vs state
-1.17Rate spread (pts)-1.36 pts vs state
$113kMedian applicant income
1,317Loans originated
470Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,866 | 1,298 | 21.6% | 7.31% | #3 |
| 2024 | 1,764 | 1,190 | 25.2% | 7.75% | #3 |
| 2025 | 1,931 | 1,317 | 24.3% | 6.75% | #3 |
What COASTAL1 Credit Union lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most COASTAL1 Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 1,314 | 874 | 342 | 26.0% |
| Kent County | 317 | 223 | 70 | 22.1% |
| Washington County | 163 | 121 | 30 | 18.4% |
| Bristol County | 76 | 54 | 17 | 22.4% |
| Newport County | 61 | 45 | 11 | 18.0% |
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% |
| 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% |
| United Shore Financial Services | B | 780 | 18.0% | 6.38% |
Frequently asked questions
Rhode Island: 1,931 applications in 2025, of which 1,317 were originated and 470 denied.
24.3% of all applications, or 26.1% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans COASTAL1 Credit Union originated in Rhode Island in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are COASTAL1 Credit Union'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