Great Lakes Credit Union in Illinois vs the state
34.1%Denial rate+16.99 pts vs state
48.4%Decision denial rate+26.67 pts vs state
36.4%Origination rate-22.30 pts vs state
8.50%Median rate+1.75 pts vs state
1.27Rate spread (pts)+0.89 pts vs state
$107kMedian applicant income
219Loans originated
205Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 726 | 329 | 38.3% | 8.75% | #83 |
| 2024 | 544 | 253 | 30.3% | 9.50% | #111 |
| 2025 | 601 | 219 | 34.1% | 8.50% | #117 |
What Great Lakes Credit Union lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Great Lakes Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 263 | 86 | 101 | 38.4% |
| Lake County | 146 | 56 | 47 | 32.2% |
| Will County | 56 | 25 | 17 | 30.4% |
| McHenry County | 50 | 14 | 19 | 38.0% |
| DuPage County | 46 | 21 | 7 | 15.2% |
| Kane County | 16 | 6 | 6 | 37.5% |
| Vermilion County | 11 | 5 | 5 | 45.5% |
| Kendall County | 5 | 4 | 0 | 0.0% |
| Grundy County | 3 | 1 | 0 | 0.0% |
| Kankakee County | 2 | 1 | 1 | 50.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 601 applications in 2025, of which 219 were originated and 205 denied.
34.1% of all applications, or 48.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Great Lakes Credit Union originated in Illinois in 2025 was 8.50%, against a statewide median of 6.75%.
About this data. Figures are Great Lakes Credit Union's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology