Jolt Credit Union in Michigan vs the state
14.8%Denial rate-3.68 pts vs state
17.7%Decision denial rate-4.93 pts vs state
62.6%Origination rate+2.75 pts vs state
5.99%Median rate-0.76 pts vs state
0.08Rate spread (pts)-0.32 pts vs state
$80kMedian applicant income
114Loans originated
27Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 151 | 107 | 13.3% | 4.99% | #217 |
| 2024 | 135 | 101 | 8.9% | 6.49% | #238 |
| 2025 | 182 | 114 | 14.8% | 5.99% | #223 |
What Jolt Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Jolt Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Saginaw County | 66 | 48 | 9 | 13.6% |
| Bay County | 52 | 40 | 4 | 7.7% |
| Midland County | 13 | 7 | 2 | 15.4% |
| Gladwin County | 6 | 3 | 1 | 16.7% |
| Genesee County | 3 | 0 | 1 | 33.3% |
| Manistee County | 2 | 2 | 0 | 0.0% |
| Crawford County | 2 | 0 | 0 | 0.0% |
| Oakland County | 2 | 2 | 0 | 0.0% |
| Arenac County | 2 | 2 | 0 | 0.0% |
| Wayne County | 2 | 1 | 1 | 50.0% |
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: 182 applications in 2025, of which 114 were originated and 27 denied.
14.8% of all applications, or 17.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Jolt Credit Union originated in Michigan in 2025 was 5.99%, against a statewide median of 6.75%.
About this data. Figures are Jolt 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