Quorum Federal Credit Union in Massachusetts vs the state
34.5%Denial rate+18.29 pts vs state
36.3%Decision denial rate+16.37 pts vs state
49.0%Origination rate-13.60 pts vs state
9.13%Median rate+2.50 pts vs state
1.82Rate spread (pts)+1.73 pts vs state
$210kMedian applicant income
98Loans originated
69Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 58 | 24 | 41.4% | 10.50% | #290 |
| 2024 | 136 | 53 | 39.0% | 10.50% | #191 |
| 2025 | 200 | 98 | 34.5% | 9.13% | #162 |
What Quorum Federal Credit Union lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 51 | 27 | 15 | 29.4% |
| Worcester County | 25 | 14 | 7 | 28.0% |
| Plymouth County | 22 | 9 | 6 | 27.3% |
| Norfolk County | 19 | 11 | 7 | 36.8% |
| Barnstable County | 18 | 10 | 6 | 33.3% |
| Essex County | 15 | 6 | 5 | 33.3% |
| Hampden County | 14 | 6 | 6 | 42.9% |
| Suffolk County | 13 | 6 | 5 | 38.5% |
| Bristol County | 11 | 5 | 5 | 45.5% |
| Berkshire County | 5 | 1 | 4 | 80.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 200 applications in 2025, of which 98 were originated and 69 denied.
34.5% of all applications, or 36.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Quorum Federal Credit Union originated in Massachusetts in 2025 was 9.13%, against a statewide median of 6.63%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology