On Tap Credit Union in Colorado vs the state
24.5%Denial rate+8.91 pts vs state
28.4%Decision denial rate+8.71 pts vs state
61.4%Origination rate+1.33 pts vs state
7.24%Median rate+0.62 pts vs state
1.30Rate spread (pts)+1.15 pts vs state
$114kMedian applicant income
100Loans originated
40Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 311 | 234 | 19.3% | 7.49% | #125 |
| 2024 | 195 | 122 | 26.7% | 8.24% | #164 |
| 2025 | 163 | 100 | 24.5% | 7.24% | #194 |
What On Tap Credit Union lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most On Tap Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 75 | 50 | 16 | 21.3% |
| Adams County | 34 | 18 | 9 | 26.5% |
| Denver County | 13 | 8 | 5 | 38.5% |
| Arapahoe County | 9 | 5 | 1 | 11.1% |
| Weld County | 6 | 2 | 3 | 50.0% |
| Douglas County | 6 | 4 | 2 | 33.3% |
| Park County | 3 | 3 | 0 | 0.0% |
| Grand County | 3 | 2 | 0 | 0.0% |
| Boulder County | 2 | 1 | 1 | 50.0% |
| Broomfield County | 2 | 1 | 0 | 0.0% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 163 applications in 2025, of which 100 were originated and 40 denied.
24.5% of all applications, or 28.4% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans On Tap Credit Union originated in Colorado in 2025 was 7.24%, against a statewide median of 6.63%.
About this data. Figures are On Tap Credit Union's own HMDA filing for properties located in Colorado, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology