KeyBank in Connecticut vs the state
33.3%Denial rate+15.93 pts vs state
41.1%Decision denial rate+19.48 pts vs state
46.6%Origination rate-13.81 pts vs state
7.00%Median rate+0.38 pts vs state
0.74Rate spread (pts)+0.50 pts vs state
$100kMedian applicant income
299Loans originated
214Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,004 | 472 | 31.6% | 7.75% | #28 |
| 2024 | 639 | 288 | 36.8% | 9.26% | #44 |
| 2025 | 642 | 299 | 33.3% | 7.00% | #48 |
What KeyBank lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09110 | 274 | 137 | 84 | 30.7% |
| 09170 | 193 | 79 | 70 | 36.3% |
| 09190 | 66 | 33 | 22 | 33.3% |
| 09130 | 36 | 17 | 12 | 33.3% |
| 09150 | 25 | 10 | 9 | 36.0% |
| 09120 | 18 | 4 | 10 | 55.6% |
| 09180 | 15 | 9 | 4 | 26.7% |
| 09140 | 12 | 8 | 2 | 16.7% |
| 09160 | 3 | 2 | 1 | 33.3% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 642 applications in 2025, of which 299 were originated and 214 denied.
33.3% of all applications, or 41.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans KeyBank originated in Connecticut in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are KeyBank's own HMDA filing for properties located in Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology