Credit Union of New Jersey, a Federal Credit Union in New Jersey vs the state
46.4%Denial rate+28.75 pts vs state
50.9%Decision denial rate+27.85 pts vs state
44.6%Origination rate-11.07 pts vs state
7.99%Median rate+1.24 pts vs state
1.94Rate spread (pts)+1.66 pts vs state
$99kMedian applicant income
244Loans originated
254Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 292 | 171 | 39.7% | 6.49% | #139 |
| 2024 | 542 | 366 | 29.2% | 7.74% | #99 |
| 2025 | 547 | 244 | 46.4% | 7.99% | #109 |
What Credit Union of New Jersey, a Federal Credit Union lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Credit Union of New Jersey, a Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mercer County | 236 | 96 | 118 | 50.0% |
| Burlington County | 106 | 55 | 44 | 41.5% |
| Union County | 27 | 8 | 17 | 63.0% |
| Middlesex County | 26 | 16 | 6 | 23.1% |
| Ocean County | 24 | 13 | 9 | 37.5% |
| Camden County | 20 | 6 | 11 | 55.0% |
| Somerset County | 16 | 9 | 5 | 31.3% |
| Cumberland County | 15 | 9 | 5 | 33.3% |
| Monmouth County | 15 | 7 | 7 | 46.7% |
| Hunterdon County | 11 | 7 | 4 | 36.4% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 547 applications in 2025, of which 244 were originated and 254 denied.
46.4% of all applications, or 50.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Credit Union of New Jersey, a Federal Credit Union originated in New Jersey in 2025 was 7.99%, against a statewide median of 6.75%.
About this data. Figures are Credit Union of New Jersey, a Federal Credit Union's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology