New Bedford Credit Union in Massachusetts vs the state
20.9%Denial rate+4.71 pts vs state
21.5%Decision denial rate+1.53 pts vs state
71.9%Origination rate+9.30 pts vs state
—Median rate
—Rate spread (pts)
$112kMedian applicant income
110Loans originated
32Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 125 | 93 | 20.8% | — | #208 |
| 2024 | 127 | 85 | 26.0% | — | #201 |
| 2025 | 153 | 110 | 20.9% | — | #197 |
What New Bedford Credit Union lends in Massachusetts
By loan purpose
By loan type
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 153 applications in 2025, of which 110 were originated and 32 denied.
20.9% of all applications, or 21.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are New Bedford Credit Union's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology