Elements Financial Federal Credit Union in Maryland vs the state
12.5%Denial rate-6.30 pts vs state
12.5%Decision denial rate-11.63 pts vs state
87.5%Origination rate+31.79 pts vs state
5.63%Median rate-1.00 pts vs state
-0.35Rate spread (pts)-0.59 pts vs state
$270kMedian applicant income
7Loans originated
1Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 5 | 4 | 20.0% | 6.25% | #571 |
| 2025 | 8 | 7 | 12.5% | 5.63% | #499 |
What Elements Financial Federal Credit Union lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Elements Financial Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anne Arundel County | 2 | 2 | 0 | 0.0% |
| Frederick County | 2 | 1 | 1 | 50.0% |
| Howard County | 2 | 2 | 0 | 0.0% |
| Queen Anne's County | 1 | 1 | 0 | 0.0% |
| Carroll County | 1 | 1 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 8 applications in 2025, of which 7 were originated and 1 denied.
12.5% of all applications, or 12.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Elements Financial Federal Credit Union originated in Maryland in 2025 was 5.63%, against a statewide median of 6.63%.
About this data. Figures are Elements Financial Federal Credit Union's own HMDA filing for properties located in Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology