Farmers Insurance Group Federal Credit Union in New York vs the state
66.7%Denial rate+46.92 pts vs state
66.7%Decision denial rate+42.63 pts vs state
33.3%Origination rate-26.26 pts vs state
8.99%Median rate+2.37 pts vs state
2.59Rate spread (pts)+2.38 pts vs state
$197kMedian applicant income
7Loans originated
14Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 10 | 9.1% | 8.50% | #446 |
| 2024 | 8 | 5 | 37.5% | 10.00% | #463 |
| 2025 | 21 | 7 | 66.7% | 8.99% | #407 |
What Farmers Insurance Group 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 Farmers Insurance Group Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nassau County | 3 | 2 | 1 | 33.3% |
| Westchester County | 2 | 1 | 1 | 50.0% |
| Suffolk County | 1 | 1 | 0 | 0.0% |
| Kings County | 1 | 0 | 1 | 100.0% |
| Oneida County | 1 | 0 | 1 | 100.0% |
| Greene County | 1 | 1 | 0 | 0.0% |
| Ulster County | 1 | 0 | 1 | 100.0% |
| Broome County | 1 | 1 | 0 | 0.0% |
| Monroe County | 1 | 0 | 1 | 100.0% |
| Rockland County | 1 | 0 | 1 | 100.0% |
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: 21 applications in 2025, of which 7 were originated and 14 denied.
66.7% of all applications, or 66.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Farmers Insurance Group Federal Credit Union originated in New York in 2025 was 8.99%, against a statewide median of 6.63%.
About this data. Figures are Farmers Insurance Group 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