L & N Federal Credit Union in Indiana vs the state
9.1%Denial rate-7.43 pts vs state
10.3%Decision denial rate-9.82 pts vs state
77.1%Origination rate+14.89 pts vs state
7.00%Median rate+0.25 pts vs state
0.23Rate spread (pts)-0.14 pts vs state
$88kMedian applicant income
135Loans originated
16Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 159 | 125 | 3.1% | 8.25% | #205 |
| 2024 | 121 | 94 | 5.0% | 7.56% | #233 |
| 2025 | 175 | 135 | 9.1% | 7.00% | #216 |
What L & N Federal Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most L & N Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 108 | 82 | 11 | 10.2% |
| Floyd County | 47 | 36 | 3 | 6.4% |
| Harrison County | 8 | 7 | 1 | 12.5% |
| Scott County | 5 | 4 | 0 | 0.0% |
| Washington County | 2 | 1 | 1 | 50.0% |
| Crawford County | 1 | 1 | 0 | 0.0% |
| Warrick County | 1 | 1 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Dubois County | 1 | 1 | 0 | 0.0% |
| Tippecanoe County | 1 | 1 | 0 | 0.0% |
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: 175 applications in 2025, of which 135 were originated and 16 denied.
9.1% of all applications, or 10.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans L & N Federal Credit Union originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are L & N Federal 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