Memphis City Employees Credit Union · Mississippi · 2025

Memphis City Employees Credit Union in Mississippi: approval rate, denial rate and rates (2025)

Memphis City Employees Credit Union took 28 mortgage applications in Mississippi in 2025, ranking #216 of 681 lenders active in the state. It originated 67.9% of them and denied 10.7% (13.6% of the applications it decided), against a statewide denial rate of 22.9%.

28Applicationsin MS
13.6%Decision denial ratestate 28.5%
Median ratestate 6.75%
$185,000Median loanstate $135,000
$3.4MVolume3 counties

Memphis City Employees Credit Union in Mississippi vs the state

10.7%Denial rate-12.21 pts vs state
13.6%Decision denial rate-14.81 pts vs state
67.9%Origination rate+14.99 pts vs state
Median rate
Rate spread (pts)
$108kMedian applicant income
19Loans originated
3Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023211128.6%#218
2024191521.1%#240
2025281910.7%#216

What Memphis City Employees Credit Union lends in Mississippi

By loan purpose

Home purchase 7 25% · 0.0% denied
Cash-out refinance 21 75% · 14.3% denied

By loan type

Conventional 28 100% · 10.7% denied

Where in Mississippi

Counties with the most Memphis City Employees Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 24153 12.5%
Marshall County 330 0.0%
Tate County 110 0.0%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 28 applications in 2025, of which 19 were originated and 3 denied.

10.7% of all applications, or 13.6% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Memphis City Employees Credit Union's own HMDA filing for properties located in Mississippi, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology