Public Service Credit Union in Michigan vs the state
27.6%Denial rate+9.11 pts vs state
34.2%Decision denial rate+11.62 pts vs state
49.3%Origination rate-10.64 pts vs state
7.50%Median rate+0.75 pts vs state
1.18Rate spread (pts)+0.78 pts vs state
$71kMedian applicant income
328Loans originated
184Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 388 | 203 | 31.2% | 8.25% | #129 |
| 2024 | 571 | 310 | 27.0% | 8.25% | #106 |
| 2025 | 666 | 328 | 27.6% | 7.50% | #105 |
What Public Service Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Public Service Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 527 | 267 | 141 | 26.8% |
| Oakland County | 46 | 19 | 17 | 37.0% |
| Macomb County | 35 | 12 | 10 | 28.6% |
| Monroe County | 22 | 12 | 3 | 13.6% |
| Washtenaw County | 9 | 5 | 3 | 33.3% |
| Livingston County | 6 | 3 | 2 | 33.3% |
| St. Clair County | 5 | 2 | 3 | 60.0% |
| Roscommon County | 2 | 2 | 0 | 0.0% |
| Lenawee County | 2 | 1 | 0 | 0.0% |
| Mecosta County | 2 | 1 | 1 | 50.0% |
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: 666 applications in 2025, of which 328 were originated and 184 denied.
27.6% of all applications, or 34.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Public Service Credit Union originated in Michigan in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are Public Service Credit Union'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