KeyBank in Pennsylvania vs the state
28.5%Denial rate+10.22 pts vs state
33.9%Decision denial rate+11.69 pts vs state
53.7%Origination rate-7.27 pts vs state
7.19%Median rate+0.57 pts vs state
0.64Rate spread (pts)+0.40 pts vs state
$87kMedian applicant income
597Loans originated
317Denied
Trend in Pennsylvania
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,659 | 803 | 31.6% | 7.75% | #51 |
| 2024 | 996 | 484 | 31.8% | 7.63% | #80 |
| 2025 | 1,112 | 597 | 28.5% | 7.19% | #81 |
What KeyBank lends in Pennsylvania
By loan purpose
By loan type
Why it denied Pennsylvania applicants
Where in Pennsylvania
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allegheny County | 268 | 138 | 79 | 29.5% |
| Montgomery County | 166 | 90 | 47 | 28.3% |
| Westmoreland County | 97 | 65 | 14 | 14.4% |
| Chester County | 85 | 44 | 26 | 30.6% |
| Lehigh County | 65 | 38 | 16 | 24.6% |
| Washington County | 53 | 21 | 18 | 34.0% |
| Erie County | 44 | 28 | 11 | 25.0% |
| Carbon County | 43 | 23 | 15 | 34.9% |
| Bucks County | 42 | 28 | 7 | 16.7% |
| Warren County | 37 | 19 | 10 | 27.0% |
Other large lenders in Pennsylvania
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 22,411 | 18.6% | 6.75% |
| Citizens Bank | C | 18,256 | 28.1% | 7.65% |
| PNC Bank | D | 18,031 | 20.6% | 6.88% |
| United Shore Financial Services | B | 13,178 | 13.4% | 6.47% |
| Crosscountry Mortgage | B | 11,615 | 3.3% | 6.63% |
| Members 1st | B | 10,863 | 30.9% | 1.99% |
| First National Bank of Pennsylvania | B | 9,542 | 27.8% | 6.49% |
| Police & Fire | C | 8,460 | 34.6% | 6.25% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | C | 8,308 | 13.7% | 6.64% |
| Pennymac Loan Services | C | 7,900 | 12.6% | 6.50% |
Frequently asked questions
Pennsylvania: 1,112 applications in 2025, of which 597 were originated and 317 denied.
28.5% of all applications, or 33.9% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.
The median rate on loans KeyBank originated in Pennsylvania in 2025 was 7.19%, against a statewide median of 6.63%.
About this data. Figures are KeyBank's own HMDA filing for properties located in Pennsylvania, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology