Navy Federal Credit Union in New York vs the state
26.1%Denial rate+6.39 pts vs state
38.6%Decision denial rate+14.53 pts vs state
41.0%Origination rate-18.59 pts vs state
7.34%Median rate+0.71 pts vs state
0.47Rate spread (pts)+0.26 pts vs state
$131kMedian applicant income
1,476Loans originated
941Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,950 | 1,094 | 35.0% | 6.95% | #26 |
| 2024 | 3,270 | 1,352 | 29.1% | 7.63% | #24 |
| 2025 | 3,600 | 1,476 | 26.1% | 7.34% | #25 |
What Navy 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 Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 360 | 156 | 81 | 22.5% |
| Nassau County | 276 | 108 | 86 | 31.2% |
| Erie County | 228 | 121 | 42 | 18.4% |
| Queens County | 200 | 51 | 76 | 38.0% |
| Orange County | 185 | 72 | 64 | 34.6% |
| Monroe County | 181 | 88 | 49 | 27.1% |
| Westchester County | 175 | 71 | 47 | 26.9% |
| Kings County | 166 | 30 | 68 | 41.0% |
| Onondaga County | 151 | 63 | 38 | 25.2% |
| Saratoga County | 142 | 73 | 31 | 21.8% |
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: 3,600 applications in 2025, of which 1,476 were originated and 941 denied.
26.1% of all applications, or 38.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Navy Federal Credit Union originated in New York in 2025 was 7.34%, against a statewide median of 6.63%.
About this data. Figures are Navy 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