Sidney Federal Credit Union · New York · 2025

Sidney Federal Credit Union in New York: approval rate, denial rate and rates (2025)

Sidney Federal Credit Union took 1,479 mortgage applications in New York in 2025, ranking #56 of 750 lenders active in the state. It originated 71.7% of them and denied 12.0% (13.6% of the applications it decided), against a statewide denial rate of 19.8%.

1.5kApplicationsin NY
13.6%Decision denial ratestate 24.0%
6.25%Median ratestate 6.63%
$145,000Median loanstate $235,000
$230MVolume49 counties

Sidney Federal Credit Union in New York vs the state

12.0%Denial rate-7.78 pts vs state
13.6%Decision denial rate-10.41 pts vs state
71.7%Origination rate+12.15 pts vs state
6.25%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.28 pts vs state
$98kMedian applicant income
1,061Loans originated
177Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202489765412.8%#88
20251,4791,06112.0%6.25%#56

What Sidney Federal Credit Union lends in New York

By loan purpose

Home purchase 753 51% · 4.0% denied
Refinance 26 2% · 19.2% denied
Cash-out refinance 217 15% · 11.5% denied
Home improvement 309 21% · 21.0% denied
Other / HELOC 174 12% · 29.9% denied

By loan type

Conventional 1,479 100% · 12.0% denied

Why it denied New York applicants

Credit history 35 36%
Debt-to-income ratio 29 30%
Collateral 17 17%
Other 13 13%
Insufficient cash 2 2%
Mortgage insurance denied 1 1%
Unverifiable information 1 1%

Where in New York

Counties with the most Sidney Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Onondaga County 28824519 6.6%
Otsego County 23015028 12.2%
Chenango County 21712446 21.2%
Delaware County 17110729 17.0%
Broome County 735011 15.1%
Saratoga County 55433 5.5%
Albany County 44390 0.0%
Oneida County 44353 6.8%
Oswego County 30225 16.7%
Warren County 26231 3.8%

Other large lenders in New York

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 20,31532.7%7.97%
Rocket MortgageC 19,92422.0%6.88%
United Shore Financial ServicesB 14,77711.2%6.50%
JPMorgan Chase BankB 14,73511.7%6.38%
Manufacturers and Traders TrustC 12,33531.3%5.99%
Bank of AmericaF 10,19335.7%5.99%
Bethpage Federal Credit UnionC 9,73647.2%6.49%
TD BankD 9,23930.2%7.69%
NewrezD 8,65424.2%6.75%
ESL Federal Credit UnionB 7,81717.6%4.50%

Frequently asked questions

New York: 1,479 applications in 2025, of which 1,061 were originated and 177 denied.

12.0% of all applications, or 13.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Sidney Federal Credit Union originated in New York in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Sidney 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