HSBC Bank USA in Rhode Island vs the state
28.6%Denial rate+9.87 pts vs state
28.6%Decision denial rate+5.40 pts vs state
71.4%Origination rate+11.68 pts vs state
5.99%Median rate-0.76 pts vs state
-1.30Rate spread (pts)-1.49 pts vs state
$408kMedian applicant income
5Loans originated
2Denied
What HSBC Bank USA lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 2 | 2 | 0 | 0.0% |
| Newport County | 2 | 1 | 1 | 50.0% |
| Bristol County | 2 | 2 | 0 | 0.0% |
| Providence County | 1 | 0 | 1 | 100.0% |
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: 7 applications in 2025, of which 5 were originated and 2 denied.
28.6% of all applications, or 28.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans HSBC Bank USA originated in Rhode Island in 2025 was 5.99%, against a statewide median of 6.75%.
About this data. Figures are HSBC Bank USA'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