Peoples Bank in North Carolina vs the state
27.8%Denial rate+9.77 pts vs state
30.1%Decision denial rate+7.32 pts vs state
60.1%Origination rate+2.32 pts vs state
6.99%Median rate+0.49 pts vs state
0.08Rate spread (pts)-0.01 pts vs state
$104kMedian applicant income
564Loans originated
261Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 882 | 552 | 23.8% | 8.25% | #84 |
| 2024 | 724 | 441 | 27.1% | 8.25% | #100 |
| 2025 | 938 | 564 | 27.8% | 6.99% | #92 |
What Peoples Bank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Peoples Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Catawba County | 348 | 212 | 97 | 27.9% |
| Lincoln County | 147 | 91 | 40 | 27.2% |
| Mecklenburg County | 110 | 66 | 30 | 27.3% |
| Iredell County | 79 | 51 | 17 | 21.5% |
| Gaston County | 32 | 14 | 8 | 25.0% |
| Alexander County | 30 | 18 | 8 | 26.7% |
| Rowan County | 30 | 18 | 9 | 30.0% |
| Caldwell County | 25 | 15 | 7 | 28.0% |
| Wake County | 20 | 11 | 6 | 30.0% |
| Cabarrus County | 19 | 11 | 7 | 36.8% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 938 applications in 2025, of which 564 were originated and 261 denied.
27.8% of all applications, or 30.1% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Peoples Bank originated in North Carolina in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are Peoples Bank's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology