Indiana Members Credit Union in Indiana vs the state
12.2%Denial rate-4.36 pts vs state
14.0%Decision denial rate-6.15 pts vs state
68.9%Origination rate+6.66 pts vs state
6.25%Median rate-0.50 pts vs state
-0.10Rate spread (pts)-0.47 pts vs state
$102kMedian applicant income
2,387Loans originated
423Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,619 | 1,736 | 16.5% | 5.50% | #22 |
| 2024 | 3,518 | 2,284 | 15.2% | 3.90% | #17 |
| 2025 | 3,464 | 2,387 | 12.2% | 6.25% | #16 |
What Indiana Members Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Indiana Members Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 1,154 | 761 | 165 | 14.3% |
| Hamilton County | 616 | 437 | 78 | 12.7% |
| Hendricks County | 369 | 248 | 45 | 12.2% |
| Johnson County | 318 | 213 | 38 | 11.9% |
| Vanderburgh County | 116 | 86 | 10 | 8.6% |
| Boone County | 112 | 79 | 14 | 12.5% |
| Hancock County | 110 | 83 | 9 | 8.2% |
| Morgan County | 97 | 73 | 7 | 7.2% |
| Madison County | 65 | 48 | 5 | 7.7% |
| Warrick County | 62 | 48 | 6 | 9.7% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 3,464 applications in 2025, of which 2,387 were originated and 423 denied.
12.2% of all applications, or 14.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Indiana Members Credit Union originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Indiana Members Credit Union's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology