Founders Federal Credit Union in South Carolina vs the state
21.9%Denial rate+3.61 pts vs state
25.2%Decision denial rate+1.69 pts vs state
62.3%Origination rate+5.65 pts vs state
7.50%Median rate+1.00 pts vs state
0.65Rate spread (pts)+0.43 pts vs state
$94kMedian applicant income
1,849Loans originated
651Denied
Trend in South Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,303 | 1,893 | 25.9% | 7.75% | #14 |
| 2024 | 2,854 | 1,659 | 26.5% | 8.00% | #18 |
| 2025 | 2,970 | 1,849 | 21.9% | 7.50% | #20 |
What Founders Federal Credit Union lends in South Carolina
By loan purpose
By loan type
Why it denied South Carolina applicants
Where in South Carolina
Counties with the most Founders Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| York County | 827 | 523 | 155 | 18.7% |
| Spartanburg County | 634 | 409 | 126 | 19.9% |
| Lancaster County | 392 | 271 | 64 | 16.3% |
| Chesterfield County | 161 | 91 | 43 | 26.7% |
| Chester County | 155 | 79 | 49 | 31.6% |
| Laurens County | 121 | 61 | 48 | 39.7% |
| Richland County | 111 | 59 | 29 | 26.1% |
| Greenville County | 104 | 65 | 29 | 27.9% |
| Cherokee County | 77 | 50 | 15 | 19.5% |
| Lexington County | 58 | 30 | 19 | 32.8% |
Other large lenders in South Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,403 | 16.8% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 12,272 | 40.7% | 6.50% |
| United Shore Financial Services | B | 9,236 | 12.8% | 6.13% |
| 21st Mortgage | F | 6,510 | 48.2% | 10.41% |
| Dhi Mortgage Company | B | 6,184 | 17.4% | 4.99% |
| Navy Federal Credit Union | D | 5,424 | 21.2% | 7.50% |
| First-Citizens Bank & Trust | B | 5,399 | 20.9% | 6.38% |
| Freedom Mortgage | B | 5,296 | 7.3% | 6.25% |
| Mortgage Research Center | C | 5,189 | 19.1% | 6.25% |
| Bank of America | F | 5,009 | 33.1% | 6.24% |
Frequently asked questions
South Carolina: 2,970 applications in 2025, of which 1,849 were originated and 651 denied.
21.9% of all applications, or 25.2% of the applications it actually decided on. The South Carolina statewide average across all lenders was 18.3%.
The median rate on loans Founders Federal Credit Union originated in South Carolina in 2025 was 7.50%, against a statewide median of 6.50%.
About this data. Figures are Founders Federal Credit Union's own HMDA filing for properties located in South Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology