REDSTONE Federal Credit Union in Alabama vs the state
18.9%Denial rate-0.96 pts vs state
22.2%Decision denial rate-2.82 pts vs state
60.9%Origination rate+5.47 pts vs state
8.13%Median rate+1.63 pts vs state
0.85Rate spread (pts)+0.56 pts vs state
$101kMedian applicant income
2,768Loans originated
859Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,720 | 2,883 | 21.1% | 8.75% | #6 |
| 2024 | 4,579 | 2,687 | 21.8% | 9.13% | #6 |
| 2025 | 4,548 | 2,768 | 18.9% | 8.13% | #7 |
What REDSTONE Federal Credit Union lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most REDSTONE Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 2,518 | 1,563 | 461 | 18.3% |
| Limestone County | 609 | 375 | 120 | 19.7% |
| Morgan County | 492 | 286 | 88 | 17.9% |
| Marshall County | 272 | 179 | 42 | 15.4% |
| Jackson County | 202 | 124 | 36 | 17.8% |
| Cullman County | 119 | 56 | 34 | 28.6% |
| Lawrence County | 64 | 33 | 19 | 29.7% |
| Jefferson County | 46 | 21 | 15 | 32.6% |
| DeKalb County | 43 | 27 | 8 | 18.6% |
| Lauderdale County | 41 | 25 | 5 | 12.2% |
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% |
| 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% |
| Trustmark National Bank | C | 3,443 | 10.3% | 6.50% |
Frequently asked questions
Alabama: 4,548 applications in 2025, of which 2,768 were originated and 859 denied.
18.9% of all applications, or 22.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans REDSTONE Federal Credit Union originated in Alabama in 2025 was 8.13%, against a statewide median of 6.50%.
About this data. Figures are REDSTONE 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