Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union in Virginia vs the state
11.8%Denial rate-4.15 pts vs state
15.0%Decision denial rate-5.30 pts vs state
63.7%Origination rate+4.18 pts vs state
7.49%Median rate+0.87 pts vs state
0.52Rate spread (pts)+0.30 pts vs state
$100kMedian applicant income
1,502Loans originated
278Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,240 | 1,316 | 14.9% | 8.27% | #31 |
| 2024 | 2,690 | 1,686 | 12.5% | 7.99% | #28 |
| 2025 | 2,358 | 1,502 | 11.8% | 7.49% | #36 |
What Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 375 | 257 | 24 | 6.4% |
| Newport News city | 332 | 210 | 39 | 11.7% |
| Chesapeake city | 311 | 197 | 40 | 12.9% |
| Hampton city | 281 | 173 | 38 | 13.5% |
| Suffolk city | 149 | 82 | 28 | 18.8% |
| York County | 145 | 90 | 16 | 11.0% |
| Norfolk city | 126 | 82 | 18 | 14.3% |
| Portsmouth city | 115 | 58 | 15 | 13.0% |
| Isle of Wight County | 110 | 73 | 11 | 10.0% |
| James City County | 108 | 75 | 11 | 10.2% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 2,358 applications in 2025, of which 1,502 were originated and 278 denied.
11.8% of all applications, or 15.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union originated in Virginia in 2025 was 7.49%, against a statewide median of 6.63%.
About this data. Figures are Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology