Nassau Educators Federal Credit Union in New York vs the state
41.7%Denial rate+21.94 pts vs state
43.1%Decision denial rate+19.05 pts vs state
50.6%Origination rate-9.03 pts vs state
5.99%Median rate-0.63 pts vs state
-1.25Rate spread (pts)-1.46 pts vs state
$154kMedian applicant income
1,841Loans originated
1,518Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,545 | 1,758 | 44.1% | 6.49% | #23 |
| 2024 | 3,402 | 1,646 | 45.1% | 6.99% | #23 |
| 2025 | 3,641 | 1,841 | 41.7% | 5.99% | #24 |
What Nassau Educators Federal 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 Nassau Educators Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nassau County | 2,073 | 1,101 | 828 | 39.9% |
| Suffolk County | 1,159 | 590 | 474 | 40.9% |
| Queens County | 213 | 74 | 120 | 56.3% |
| Kings County | 86 | 30 | 46 | 53.5% |
| Westchester County | 20 | 9 | 7 | 35.0% |
| Orange County | 15 | 5 | 10 | 66.7% |
| Bronx County | 11 | 5 | 6 | 54.5% |
| Richmond County | 10 | 4 | 5 | 50.0% |
| Rockland County | 10 | 3 | 6 | 60.0% |
| New York County | 7 | 3 | 4 | 57.1% |
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: 3,641 applications in 2025, of which 1,841 were originated and 1,518 denied.
41.7% of all applications, or 43.1% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Nassau Educators Federal Credit Union originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Nassau Educators Federal 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