Service Federal Credit Union in New York vs the state
25.0%Denial rate+5.25 pts vs state
46.2%Decision denial rate+22.11 pts vs state
29.2%Origination rate-30.42 pts vs state
5.25%Median rate-1.38 pts vs state
-0.40Rate spread (pts)-0.61 pts vs state
$201kMedian applicant income
7Loans originated
6Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 7 | 52.2% | 5.75% | #384 |
| 2024 | 14 | 5 | 35.7% | 6.49% | #420 |
| 2025 | 24 | 7 | 25.0% | 5.25% | #402 |
What Service Federal Credit Union lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Service Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kings County | 3 | 0 | 0 | 0.0% |
| Rockland County | 2 | 1 | 1 | 50.0% |
| Suffolk County | 2 | 0 | 1 | 50.0% |
| Chemung County | 2 | 1 | 1 | 50.0% |
| Westchester County | 2 | 1 | 0 | 0.0% |
| Dutchess County | 2 | 1 | 0 | 0.0% |
| Nassau County | 2 | 1 | 0 | 0.0% |
| Essex County | 1 | 0 | 0 | 0.0% |
| Clinton County | 1 | 0 | 0 | 0.0% |
| Ontario County | 1 | 1 | 0 | 0.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 24 applications in 2025, of which 7 were originated and 6 denied.
25.0% of all applications, or 46.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Service Federal Credit Union originated in New York in 2025 was 5.25%, against a statewide median of 6.63%.
About this data. Figures are Service Federal Credit Union's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology