I-C Federal Credit Union in Massachusetts vs the state
23.8%Denial rate+7.58 pts vs state
28.2%Decision denial rate+8.21 pts vs state
57.8%Origination rate-4.83 pts vs state
6.50%Median rate-0.13 pts vs state
0.33Rate spread (pts)+0.24 pts vs state
$122kMedian applicant income
119Loans originated
49Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 267 | 151 | 32.2% | 6.63% | #124 |
| 2024 | 197 | 105 | 33.5% | 7.50% | #155 |
| 2025 | 206 | 119 | 23.8% | 6.50% | #155 |
What I-C Federal Credit Union lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most I-C Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 180 | 106 | 43 | 23.9% |
| Middlesex County | 20 | 11 | 5 | 25.0% |
| Norfolk County | 2 | 0 | 0 | 0.0% |
| Hampden County | 1 | 1 | 0 | 0.0% |
| Barnstable County | 1 | 1 | 0 | 0.0% |
| Essex County | 1 | 0 | 1 | 100.0% |
| Franklin County | 1 | 0 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 206 applications in 2025, of which 119 were originated and 49 denied.
23.8% of all applications, or 28.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans I-C Federal Credit Union originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are I-C Federal Credit Union's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology