KeyBank in New York vs the state
26.5%Denial rate+6.75 pts vs state
30.5%Decision denial rate+6.48 pts vs state
59.0%Origination rate-0.59 pts vs state
6.50%Median rate-0.13 pts vs state
0.20Rate spread (pts)-0.01 pts vs state
$90kMedian applicant income
2,485Loans originated
1,116Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,730 | 2,961 | 32.5% | 7.38% | #14 |
| 2024 | 4,455 | 2,444 | 30.1% | 6.75% | #20 |
| 2025 | 4,212 | 2,485 | 26.5% | 6.50% | #20 |
What KeyBank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Erie County | 1,245 | 772 | 298 | 23.9% |
| Monroe County | 338 | 176 | 109 | 32.2% |
| Niagara County | 305 | 194 | 77 | 25.2% |
| Onondaga County | 270 | 161 | 70 | 25.9% |
| Albany County | 182 | 97 | 41 | 22.5% |
| Oneida County | 118 | 80 | 24 | 20.3% |
| Rensselaer County | 110 | 64 | 30 | 27.3% |
| Schenectady County | 108 | 56 | 33 | 30.6% |
| Saratoga County | 105 | 71 | 15 | 14.3% |
| Rockland County | 89 | 44 | 30 | 33.7% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 4,212 applications in 2025, of which 2,485 were originated and 1,116 denied.
26.5% of all applications, or 30.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans KeyBank originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are KeyBank's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology