Municipal Credit Union in New York vs the state
28.3%Denial rate+8.55 pts vs state
42.8%Decision denial rate+18.77 pts vs state
34.9%Origination rate-24.69 pts vs state
6.88%Median rate+0.25 pts vs state
-0.32Rate spread (pts)-0.53 pts vs state
$135kMedian applicant income
867Loans originated
703Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,352 | 762 | 39.8% | 6.63% | #33 |
| 2024 | 2,465 | 818 | 36.5% | 6.88% | #34 |
| 2025 | 2,484 | 867 | 28.3% | 6.88% | #35 |
What Municipal Credit Union lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Municipal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Queens County | 514 | 168 | 163 | 31.7% |
| Kings County | 450 | 138 | 134 | 29.8% |
| Nassau County | 301 | 108 | 75 | 24.9% |
| Richmond County | 299 | 127 | 68 | 22.7% |
| Bronx County | 257 | 69 | 72 | 28.0% |
| Westchester County | 202 | 77 | 63 | 31.2% |
| Suffolk County | 154 | 65 | 36 | 23.4% |
| Orange County | 113 | 39 | 40 | 35.4% |
| New York County | 53 | 19 | 13 | 24.5% |
| Rockland County | 53 | 20 | 15 | 28.3% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 2,484 applications in 2025, of which 867 were originated and 703 denied.
28.3% of all applications, or 42.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Municipal Credit Union originated in New York in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Municipal Credit Union's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology