Memphis City Employees Credit Union in Tennessee vs the state
18.5%Denial rate+1.40 pts vs state
22.8%Decision denial rate+1.08 pts vs state
62.9%Origination rate+4.83 pts vs state
—Median rate
—Rate spread (pts)
$92kMedian applicant income
95Loans originated
28Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 152 | 88 | 22.4% | — | #231 |
| 2024 | 131 | 98 | 16.8% | — | #265 |
| 2025 | 151 | 95 | 18.5% | — | #258 |
What Memphis City Employees Credit Union lends in Tennessee
By loan purpose
By loan type
Where in Tennessee
Counties with the most Memphis City Employees Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 126 | 76 | 24 | 19.0% |
| Tipton County | 11 | 6 | 3 | 27.3% |
| Fayette County | 10 | 9 | 1 | 10.0% |
| Madison County | 2 | 2 | 0 | 0.0% |
| Hardin County | 2 | 2 | 0 | 0.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 151 applications in 2025, of which 95 were originated and 28 denied.
18.5% of all applications, or 22.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
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 Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology