Community Financial Credit Union in Michigan vs the state
15.8%Denial rate-2.69 pts vs state
16.6%Decision denial rate-5.99 pts vs state
68.6%Origination rate+8.74 pts vs state
7.25%Median rate+0.50 pts vs state
0.26Rate spread (pts)-0.14 pts vs state
$97kMedian applicant income
1,201Loans originated
277Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,936 | 1,383 | 15.0% | 7.75% | #38 |
| 2024 | 1,581 | 1,067 | 17.8% | 8.24% | #49 |
| 2025 | 1,750 | 1,201 | 15.8% | 7.25% | #51 |
What Community Financial Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Community Financial Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 694 | 486 | 107 | 15.4% |
| Oakland County | 268 | 173 | 50 | 18.7% |
| Otsego County | 199 | 137 | 28 | 14.1% |
| Montmorency County | 104 | 70 | 18 | 17.3% |
| Livingston County | 79 | 61 | 9 | 11.4% |
| Washtenaw County | 69 | 45 | 10 | 14.5% |
| Macomb County | 43 | 29 | 8 | 18.6% |
| Oscoda County | 28 | 20 | 2 | 7.1% |
| Emmet County | 26 | 24 | 0 | 0.0% |
| Alpena County | 21 | 10 | 6 | 28.6% |
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% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| 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% |
Frequently asked questions
Michigan: 1,750 applications in 2025, of which 1,201 were originated and 277 denied.
15.8% of all applications, or 16.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Community Financial Credit Union originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Community Financial Credit Union'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