GREENSTATE Credit Union in Michigan vs the state
44.0%Denial rate+25.46 pts vs state
46.1%Decision denial rate+23.47 pts vs state
34.5%Origination rate-25.44 pts vs state
8.09%Median rate+1.34 pts vs state
2.33Rate spread (pts)+1.94 pts vs state
$60kMedian applicant income
329Loans originated
420Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 952 | 247 | 53.2% | 8.99% | #74 |
| 2024 | 1,095 | 234 | 58.1% | 9.99% | #67 |
| 2025 | 955 | 329 | 44.0% | 8.09% | #76 |
What GREENSTATE Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most GREENSTATE Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 187 | 75 | 86 | 46.0% |
| Wayne County | 129 | 30 | 66 | 51.2% |
| Livingston County | 105 | 45 | 36 | 34.3% |
| Washtenaw County | 77 | 31 | 29 | 37.7% |
| Ottawa County | 70 | 26 | 30 | 42.9% |
| Kent County | 70 | 16 | 35 | 50.0% |
| Macomb County | 64 | 21 | 32 | 50.0% |
| Eaton County | 26 | 11 | 10 | 38.5% |
| Allegan County | 22 | 9 | 11 | 50.0% |
| Branch County | 21 | 2 | 15 | 71.4% |
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: 955 applications in 2025, of which 329 were originated and 420 denied.
44.0% of all applications, or 46.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans GREENSTATE Credit Union originated in Michigan in 2025 was 8.09%, against a statewide median of 6.75%.
About this data. Figures are GREENSTATE 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