Security Credit Union in Michigan vs the state
24.0%Denial rate+5.44 pts vs state
24.9%Decision denial rate+2.34 pts vs state
57.7%Origination rate-2.20 pts vs state
6.63%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.21 pts vs state
$63kMedian applicant income
195Loans originated
81Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 382 | 210 | 27.8% | 6.75% | #131 |
| 2024 | 296 | 163 | 32.1% | 6.63% | #164 |
| 2025 | 338 | 195 | 24.0% | 6.63% | #162 |
What Security Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Security Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Genesee County | 110 | 71 | 21 | 19.1% |
| Lapeer County | 78 | 51 | 16 | 20.5% |
| Wayne County | 27 | 7 | 15 | 55.6% |
| Shiawassee County | 23 | 14 | 3 | 13.0% |
| Saginaw County | 21 | 11 | 8 | 38.1% |
| St. Clair County | 16 | 8 | 5 | 31.3% |
| Macomb County | 12 | 5 | 5 | 41.7% |
| Oakland County | 11 | 6 | 1 | 9.1% |
| Sanilac County | 10 | 5 | 2 | 20.0% |
| Tuscola County | 9 | 6 | 1 | 11.1% |
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: 338 applications in 2025, of which 195 were originated and 81 denied.
24.0% of all applications, or 24.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Security Credit Union originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Security 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