Granite Federal Credit Union in Utah vs the state
16.5%Denial rate+0.56 pts vs state
21.4%Decision denial rate+2.19 pts vs state
54.4%Origination rate-8.83 pts vs state
6.13%Median rate-0.50 pts vs state
0.96Rate spread (pts)+0.72 pts vs state
$104kMedian applicant income
247Loans originated
75Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 488 | 256 | 17.6% | 8.00% | #55 |
| 2024 | 418 | 262 | 18.4% | 8.50% | #57 |
| 2025 | 454 | 247 | 16.5% | 6.13% | #60 |
What Granite Federal Credit Union lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Granite Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 332 | 186 | 56 | 16.9% |
| Utah County | 36 | 23 | 6 | 16.7% |
| Davis County | 28 | 12 | 2 | 7.1% |
| Tooele County | 13 | 9 | 1 | 7.7% |
| Weber County | 10 | 2 | 3 | 30.0% |
| Washington County | 7 | 3 | 2 | 28.6% |
| Summit County | 7 | 2 | 0 | 0.0% |
| Wasatch County | 6 | 3 | 0 | 0.0% |
| Cache County | 5 | 3 | 2 | 40.0% |
| Millard County | 3 | 2 | 0 | 0.0% |
Other large lenders in Utah
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| AMERICA FIRST Federal Credit Union | C | 16,303 | 18.3% | 6.99% |
| Mountain America Federal Credit Union | D | 15,401 | 36.5% | 7.24% |
| United Shore Financial Services | B | 11,325 | 8.5% | 6.25% |
| Rocket Mortgage | C | 6,276 | 14.6% | 6.63% |
| Guild Mortgage | A | 5,427 | 1.5% | 6.50% |
| Intercap Lending | A | 4,881 | 0.7% | 6.50% |
| Goldenwest | B | 4,794 | 17.6% | 7.50% |
| First Colony Mortgage | A | 3,499 | 2.1% | 6.38% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
Frequently asked questions
Utah: 454 applications in 2025, of which 247 were originated and 75 denied.
16.5% of all applications, or 21.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Granite Federal Credit Union originated in Utah in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Granite Federal Credit Union's own HMDA filing for properties located in Utah, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology