MICHIGAN STATE UNIVERSITY Federal Credit Union in Illinois vs the state
18.1%Denial rate+0.94 pts vs state
22.0%Decision denial rate+0.35 pts vs state
53.5%Origination rate-5.27 pts vs state
7.50%Median rate+0.75 pts vs state
0.31Rate spread (pts)-0.07 pts vs state
$126kMedian applicant income
77Loans originated
26Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 11 | 0.0% | 6.25% | #603 |
| 2024 | 47 | 31 | 12.8% | 7.00% | #457 |
| 2025 | 144 | 77 | 18.1% | 7.50% | #299 |
What MICHIGAN STATE UNIVERSITY Federal Credit Union lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most MICHIGAN STATE UNIVERSITY Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 57 | 33 | 9 | 15.8% |
| McHenry County | 43 | 25 | 8 | 18.6% |
| Lake County | 7 | 6 | 1 | 14.3% |
| Kane County | 7 | 3 | 3 | 42.9% |
| DuPage County | 7 | 3 | 2 | 28.6% |
| Winnebago County | 2 | 2 | 0 | 0.0% |
| Logan County | 2 | 0 | 2 | 100.0% |
| Will County | 2 | 2 | 0 | 0.0% |
| Iroquois County | 1 | 0 | 1 | 100.0% |
| Kendall County | 1 | 1 | 0 | 0.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 144 applications in 2025, of which 77 were originated and 26 denied.
18.1% of all applications, or 22.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans MICHIGAN STATE UNIVERSITY Federal Credit Union originated in Illinois in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are MICHIGAN STATE UNIVERSITY Federal Credit Union's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology