Lake Michigan Credit Union in Wisconsin vs the state
5.0%Denial rate-9.01 pts vs state
5.6%Decision denial rate-10.80 pts vs state
82.5%Origination rate+14.35 pts vs state
5.99%Median rate-0.63 pts vs state
-0.22Rate spread (pts)-0.34 pts vs state
$247kMedian applicant income
33Loans originated
2Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 27 | 24 | 0.0% | 5.38% | #364 |
| 2024 | 43 | 36 | 0.0% | 6.00% | #333 |
| 2025 | 40 | 33 | 5.0% | 5.99% | #360 |
What Lake Michigan Credit Union lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Lake Michigan Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dane County | 12 | 10 | 0 | 0.0% |
| Milwaukee County | 8 | 6 | 1 | 12.5% |
| Waukesha County | 4 | 4 | 0 | 0.0% |
| Eau Claire County | 3 | 2 | 0 | 0.0% |
| Brown County | 3 | 3 | 0 | 0.0% |
| Wood County | 2 | 1 | 1 | 50.0% |
| Marathon County | 2 | 2 | 0 | 0.0% |
| Winnebago County | 1 | 1 | 0 | 0.0% |
| Sawyer County | 1 | 1 | 0 | 0.0% |
| Fond du Lac County | 1 | 1 | 0 | 0.0% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 40 applications in 2025, of which 33 were originated and 2 denied.
5.0% of all applications, or 5.6% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Lake Michigan Credit Union originated in Wisconsin in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Lake Michigan Credit Union's own HMDA filing for properties located in Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology