Quorum Federal Credit Union in Alabama vs the state
42.1%Denial rate+22.26 pts vs state
44.4%Decision denial rate+19.44 pts vs state
42.1%Origination rate-13.28 pts vs state
9.44%Median rate+2.94 pts vs state
2.11Rate spread (pts)+1.82 pts vs state
$156kMedian applicant income
16Loans originated
16Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 3 | 20.0% | 9.75% | #531 |
| 2024 | 27 | 9 | 40.7% | 11.38% | #353 |
| 2025 | 38 | 16 | 42.1% | 9.44% | #335 |
What Quorum Federal Credit Union lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 5 | 1 | 3 | 60.0% |
| Mobile County | 4 | 2 | 1 | 25.0% |
| Shelby County | 3 | 1 | 1 | 33.3% |
| Madison County | 3 | 2 | 1 | 33.3% |
| Baldwin County | 3 | 1 | 2 | 66.7% |
| Cullman County | 2 | 0 | 2 | 100.0% |
| St. Clair County | 2 | 1 | 0 | 0.0% |
| Chambers County | 2 | 1 | 1 | 50.0% |
| Calhoun County | 1 | 1 | 0 | 0.0% |
| Randolph County | 1 | 1 | 0 | 0.0% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 38 applications in 2025, of which 16 were originated and 16 denied.
42.1% of all applications, or 44.4% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Quorum Federal Credit Union originated in Alabama in 2025 was 9.44%, against a statewide median of 6.50%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology