Pfcu in Michigan vs the state
6.2%Denial rate-12.29 pts vs state
7.1%Decision denial rate-15.46 pts vs state
79.3%Origination rate+19.45 pts vs state
6.73%Median rate-0.02 pts vs state
0.33Rate spread (pts)-0.07 pts vs state
$84kMedian applicant income
242Loans originated
19Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 229 | 171 | 7.4% | 7.01% | #166 |
| 2024 | 278 | 211 | 8.3% | 7.00% | #176 |
| 2025 | 305 | 242 | 6.2% | 6.73% | #171 |
What Pfcu lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Pfcu applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ionia County | 115 | 94 | 6 | 5.2% |
| Shiawassee County | 35 | 28 | 2 | 5.7% |
| Eaton County | 31 | 23 | 3 | 9.7% |
| Genesee County | 29 | 19 | 2 | 6.9% |
| Clinton County | 25 | 23 | 0 | 0.0% |
| Ingham County | 16 | 10 | 3 | 18.8% |
| Barry County | 14 | 14 | 0 | 0.0% |
| Kent County | 13 | 11 | 1 | 7.7% |
| Montcalm County | 7 | 5 | 0 | 0.0% |
| Saginaw County | 3 | 3 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 305 applications in 2025, of which 242 were originated and 19 denied.
6.2% of all applications, or 7.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Pfcu originated in Michigan in 2025 was 6.73%, against a statewide median of 6.75%.
About this data. Figures are Pfcu's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology