Greenwood Credit Union in Michigan vs the state
8.7%Denial rate-9.82 pts vs state
8.7%Decision denial rate-13.88 pts vs state
89.1%Origination rate+29.24 pts vs state
8.74%Median rate+1.99 pts vs state
—Rate spread (pts)
$56kMedian applicant income
41Loans originated
4Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 142 | 55 | 59.2% | 8.75% | #227 |
| 2024 | 106 | 67 | 33.0% | 8.99% | #262 |
| 2025 | 46 | 41 | 8.7% | 8.74% | #358 |
What Greenwood Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Greenwood Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monroe County | 5 | 4 | 1 | 20.0% |
| Wayne County | 5 | 4 | 1 | 20.0% |
| Livingston County | 5 | 3 | 1 | 20.0% |
| Ottawa County | 4 | 4 | 0 | 0.0% |
| Berrien County | 3 | 3 | 0 | 0.0% |
| Lapeer County | 3 | 3 | 0 | 0.0% |
| Clinton County | 3 | 3 | 0 | 0.0% |
| Shiawassee County | 2 | 2 | 0 | 0.0% |
| St. Clair County | 2 | 2 | 0 | 0.0% |
| Genesee County | 1 | 1 | 0 | 0.0% |
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: 46 applications in 2025, of which 41 were originated and 4 denied.
8.7% of all applications, or 8.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Greenwood Credit Union originated in Michigan in 2025 was 8.74%, against a statewide median of 6.75%.
About this data. Figures are Greenwood 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