Lake Michigan Credit Union in Ohio vs the state
2.4%Denial rate-15.28 pts vs state
2.9%Decision denial rate-18.99 pts vs state
79.5%Origination rate+19.62 pts vs state
5.99%Median rate-0.88 pts vs state
-0.18Rate spread (pts)-0.57 pts vs state
$178kMedian applicant income
66Loans originated
2Denied
Trend in Ohio
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 52 | 44 | 3.9% | 5.75% | #389 |
| 2024 | 76 | 59 | 5.3% | 5.99% | #348 |
| 2025 | 83 | 66 | 2.4% | 5.99% | #351 |
What Lake Michigan Credit Union lends in Ohio
By loan purpose
By loan type
Why it denied Ohio applicants
Where in Ohio
Counties with the most Lake Michigan Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cuyahoga County | 19 | 16 | 0 | 0.0% |
| Franklin County | 14 | 12 | 0 | 0.0% |
| Hamilton County | 8 | 8 | 0 | 0.0% |
| Lucas County | 7 | 5 | 0 | 0.0% |
| Summit County | 6 | 5 | 0 | 0.0% |
| Warren County | 3 | 3 | 0 | 0.0% |
| Mercer County | 2 | 1 | 1 | 50.0% |
| Delaware County | 2 | 2 | 0 | 0.0% |
| Shelby County | 2 | 1 | 1 | 50.0% |
| Clermont County | 2 | 2 | 0 | 0.0% |
Other large lenders in Ohio
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| The Huntington National Bank | D | 42,683 | 25.8% | 7.59% |
| Rocket Mortgage | C | 23,165 | 18.5% | 6.63% |
| Fifth Third Bank | D | 21,939 | 25.6% | 7.50% |
| Crosscountry Mortgage | B | 16,066 | 3.1% | 6.75% |
| United Shore Financial Services | B | 14,626 | 13.1% | 6.45% |
| Third Federal Savings and Loan Association of Cleveland | C | 12,622 | 23.0% | 6.74% |
| PNC Bank | D | 11,607 | 24.6% | 7.40% |
| Wright-Patt Credit Union | C | 8,791 | 28.1% | 7.50% |
| U.S. Bank | D | 8,623 | 38.0% | 7.60% |
| Citizens Bank | C | 7,775 | 24.3% | 7.65% |
Frequently asked questions
Ohio: 83 applications in 2025, of which 66 were originated and 2 denied.
2.4% of all applications, or 2.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.
The median rate on loans Lake Michigan Credit Union originated in Ohio in 2025 was 5.99%, against a statewide median of 6.88%.
About this data. Figures are Lake Michigan Credit Union's own HMDA filing for properties located in Ohio, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology