Service Federal Credit Union in Michigan vs the state
50.0%Denial rate+31.48 pts vs state
60.0%Decision denial rate+37.42 pts vs state
33.3%Origination rate-26.56 pts vs state
6.68%Median rate-0.07 pts vs state
0.28Rate spread (pts)-0.12 pts vs state
$130kMedian applicant income
4Loans originated
6Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 7 | 31.3% | 5.75% | #453 |
| 2024 | 7 | 4 | 28.6% | 6.81% | #554 |
| 2025 | 12 | 4 | 50.0% | 6.68% | #495 |
What Service Federal Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Service Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Livingston County | 2 | 1 | 0 | 0.0% |
| Wayne County | 2 | 0 | 2 | 100.0% |
| Oakland County | 2 | 1 | 1 | 50.0% |
| Osceola County | 2 | 1 | 1 | 50.0% |
| Gogebic County | 1 | 0 | 1 | 100.0% |
| Saginaw County | 1 | 0 | 0 | 0.0% |
| Lapeer County | 1 | 0 | 1 | 100.0% |
| Monroe County | 1 | 1 | 0 | 0.0% |
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: 12 applications in 2025, of which 4 were originated and 6 denied.
50.0% of all applications, or 60.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Service Federal Credit Union originated in Michigan in 2025 was 6.68%, against a statewide median of 6.75%.
About this data. Figures are Service Federal 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