Greenwood Credit Union in Rhode Island vs the state
23.5%Denial rate+4.75 pts vs state
25.7%Decision denial rate+2.49 pts vs state
63.1%Origination rate+3.38 pts vs state
6.75%Median rate0.00 pts vs state
-0.03Rate spread (pts)-0.22 pts vs state
$104kMedian applicant income
315Loans originated
117Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 533 | 332 | 21.2% | 7.50% | #14 |
| 2024 | 521 | 289 | 25.9% | 8.00% | #19 |
| 2025 | 499 | 315 | 23.5% | 6.75% | #24 |
What Greenwood Credit Union lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Greenwood Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kent County | 248 | 170 | 44 | 17.7% |
| Providence County | 186 | 102 | 58 | 31.2% |
| Washington County | 40 | 29 | 7 | 17.5% |
| Newport County | 16 | 10 | 4 | 25.0% |
| Bristol County | 9 | 4 | 4 | 44.4% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 499 applications in 2025, of which 315 were originated and 117 denied.
23.5% of all applications, or 25.7% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Greenwood Credit Union originated in Rhode Island in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Greenwood Credit Union's own HMDA filing for properties located in Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology