Frankenmuth Credit Union in Michigan vs the state
2.6%Denial rate-15.94 pts vs state
2.8%Decision denial rate-19.78 pts vs state
89.5%Origination rate+29.60 pts vs state
7.13%Median rate+0.38 pts vs state
0.86Rate spread (pts)+0.46 pts vs state
$87kMedian applicant income
937Loans originated
27Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,044 | 893 | 4.0% | 7.50% | #68 |
| 2024 | 909 | 808 | 3.9% | 7.38% | #77 |
| 2025 | 1,047 | 937 | 2.6% | 7.13% | #73 |
What Frankenmuth Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Frankenmuth Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Saginaw County | 366 | 336 | 8 | 2.2% |
| Tuscola County | 224 | 190 | 7 | 3.1% |
| Bay County | 97 | 83 | 3 | 3.1% |
| Genesee County | 88 | 85 | 0 | 0.0% |
| Huron County | 56 | 52 | 3 | 5.4% |
| Midland County | 44 | 40 | 1 | 2.3% |
| Sanilac County | 19 | 14 | 1 | 5.3% |
| Lapeer County | 14 | 14 | 0 | 0.0% |
| Gladwin County | 13 | 10 | 0 | 0.0% |
| Arenac County | 11 | 9 | 1 | 9.1% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 1,047 applications in 2025, of which 937 were originated and 27 denied.
2.6% of all applications, or 2.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Frankenmuth Credit Union originated in Michigan in 2025 was 7.13%, against a statewide median of 6.75%.
About this data. Figures are Frankenmuth Credit Union's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology