Lafayette Federal Credit Union in New York vs the state
14.5%Denial rate-5.22 pts vs state
16.0%Decision denial rate-8.00 pts vs state
73.5%Origination rate+13.91 pts vs state
8.00%Median rate+1.38 pts vs state
0.67Rate spread (pts)+0.46 pts vs state
$244kMedian applicant income
86Loans originated
17Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 43 | 24.3% | 9.00% | #301 |
| 2024 | 125 | 80 | 23.2% | 9.00% | #237 |
| 2025 | 117 | 86 | 14.5% | 8.00% | #251 |
What Lafayette Federal Credit Union lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Lafayette Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nassau County | 26 | 21 | 2 | 7.7% |
| Suffolk County | 24 | 19 | 3 | 12.5% |
| Rockland County | 16 | 10 | 4 | 25.0% |
| Westchester County | 13 | 11 | 1 | 7.7% |
| Kings County | 9 | 6 | 2 | 22.2% |
| Queens County | 9 | 7 | 2 | 22.2% |
| Orange County | 6 | 4 | 0 | 0.0% |
| Richmond County | 2 | 2 | 0 | 0.0% |
| Bronx County | 2 | 0 | 1 | 50.0% |
| Putnam County | 2 | 1 | 0 | 0.0% |
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: 117 applications in 2025, of which 86 were originated and 17 denied.
14.5% of all applications, or 16.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Lafayette Federal Credit Union originated in New York in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Lafayette Federal Credit Union'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