Empower Federal Credit Union in New York vs the state
15.4%Denial rate-4.32 pts vs state
17.2%Decision denial rate-6.84 pts vs state
72.6%Origination rate+12.98 pts vs state
7.25%Median rate+0.63 pts vs state
0.05Rate spread (pts)-0.16 pts vs state
$82kMedian applicant income
3,103Loans originated
660Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,338 | 3,025 | 15.6% | 6.74% | #20 |
| 2024 | 4,086 | 2,889 | 17.2% | 7.74% | #21 |
| 2025 | 4,276 | 3,103 | 15.4% | 7.25% | #19 |
What Empower Federal Credit Union lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Empower Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Onondaga County | 2,449 | 1,820 | 344 | 14.0% |
| Oswego County | 691 | 500 | 109 | 15.8% |
| Broome County | 207 | 144 | 37 | 17.9% |
| Cayuga County | 195 | 145 | 26 | 13.3% |
| Madison County | 160 | 128 | 19 | 11.9% |
| Erie County | 116 | 59 | 35 | 30.2% |
| Oneida County | 83 | 55 | 18 | 21.7% |
| Chemung County | 54 | 39 | 10 | 18.5% |
| Montgomery County | 41 | 23 | 13 | 31.7% |
| Wayne County | 38 | 26 | 7 | 18.4% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 4,276 applications in 2025, of which 3,103 were originated and 660 denied.
15.4% of all applications, or 17.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Empower Federal Credit Union originated in New York in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Empower Federal Credit Union's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology