FEDCHOICE Federal Credit Union in Maryland vs the state
28.6%Denial rate+9.77 pts vs state
36.8%Decision denial rate+12.65 pts vs state
47.3%Origination rate-8.39 pts vs state
7.75%Median rate+1.13 pts vs state
0.18Rate spread (pts)-0.07 pts vs state
$142kMedian applicant income
53Loans originated
32Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 80 | 48 | 17.5% | — | #235 |
| 2024 | 128 | 66 | 35.2% | 8.50% | #188 |
| 2025 | 112 | 53 | 28.6% | 7.75% | #217 |
What FEDCHOICE Federal Credit Union lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most FEDCHOICE Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 69 | 30 | 18 | 26.1% |
| Anne Arundel County | 11 | 5 | 3 | 27.3% |
| Montgomery County | 11 | 6 | 5 | 45.5% |
| Charles County | 6 | 3 | 3 | 50.0% |
| Calvert County | 4 | 2 | 0 | 0.0% |
| Howard County | 4 | 3 | 1 | 25.0% |
| Frederick County | 2 | 1 | 1 | 50.0% |
| Baltimore County | 2 | 1 | 1 | 50.0% |
| Baltimore city | 1 | 1 | 0 | 0.0% |
| St. Mary's County | 1 | 0 | 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: 112 applications in 2025, of which 53 were originated and 32 denied.
28.6% of all applications, or 36.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans FEDCHOICE Federal Credit Union originated in Maryland in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are FEDCHOICE 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