Fidelity Co-operative Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
67th18.9% deniedPricingmedian rate spread over APOR, weight 30%
74th-0.28 ptsProcesswithdrawn + incomplete share, weight 15%
74th8.4%Closing coststotal loan costs ÷ loan amount, weight 10%
45th3.30% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 535 | 377 | 17.8% | 19.3% | 5.99% | $80M |
| 2024 | 573 | 384 | 19.4% | 21.1% | 5.99% | $89M |
| 2025 | 526 | 370 | 17.3% | 18.9% | 5.99% | $76M |
What Fidelity Co-operative Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 308 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 17 investment properties.
Why Fidelity Co-operative Bank denies applications
Primary reason reported for each of the 91 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Fidelity Co-operative Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 37 | 20 | 32.4% |
| $50k – $100k | 150 | 102 | 22.3% |
| $100k – $150k | 124 | 86 | 18.4% |
| $150k – $250k | 136 | 103 | 12.5% |
| Over $250k | 68 | 53 | 12.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 69 | 47 | 15.3% |
| 35–44 | 132 | 97 | 19.5% |
| 45–54 | 96 | 68 | 17.1% |
| 55–64 | 110 | 74 | 24.2% |
| 65–74 | 69 | 47 | 14.1% |
| Over 74 | 35 | 26 | 22.9% |
Where Fidelity Co-operative Bank lends
5 states and 19 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 512 | 361 | 17.4% | 5.99% | #86 |
| New Hampshire | 7 | 5 | 0.0% | 5.99% | #299 |
Frequently asked questions
Fidelity Co-operative Bank denied 18.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 67th percentile of home-equity (HELOC) lenders.
The most common reason Fidelity Co-operative Bank gave in 2025 was "debt-to-income ratio", cited on 56.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Fidelity Co-operative Bank originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.28 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 27% of its applications were for home purchases, 26% for refinancing (including cash-out), and 47% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.