Profed Credit Union in Indiana vs the state
22.9%Denial rate+6.37 pts vs state
23.0%Decision denial rate+2.82 pts vs state
64.8%Origination rate+2.53 pts vs state
7.25%Median rate+0.50 pts vs state
0.26Rate spread (pts)-0.11 pts vs state
$85kMedian applicant income
723Loans originated
256Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,051 | 710 | 23.1% | 7.25% | #63 |
| 2024 | 1,140 | 762 | 22.6% | 7.50% | #62 |
| 2025 | 1,116 | 723 | 22.9% | 7.25% | #68 |
What Profed Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Profed Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allen County | 516 | 332 | 109 | 21.1% |
| Steuben County | 120 | 79 | 30 | 25.0% |
| DeKalb County | 104 | 74 | 19 | 18.3% |
| Wells County | 103 | 66 | 22 | 21.4% |
| Noble County | 88 | 49 | 26 | 29.5% |
| Whitley County | 62 | 40 | 19 | 30.6% |
| Adams County | 61 | 40 | 19 | 31.1% |
| LaGrange County | 14 | 11 | 1 | 7.1% |
| Huntington County | 10 | 6 | 3 | 30.0% |
| Kosciusko County | 9 | 7 | 1 | 11.1% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 1,116 applications in 2025, of which 723 were originated and 256 denied.
22.9% of all applications, or 23.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Profed Credit Union originated in Indiana in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Profed Credit Union's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology