State Department Federal Credit Union in Maryland vs the state
26.4%Denial rate+7.64 pts vs state
37.7%Decision denial rate+13.54 pts vs state
41.4%Origination rate-14.36 pts vs state
7.00%Median rate+0.37 pts vs state
-0.14Rate spread (pts)-0.39 pts vs state
$150kMedian applicant income
86Loans originated
55Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 241 | 116 | 38.2% | 7.50% | #121 |
| 2024 | 268 | 125 | 29.5% | 7.50% | #122 |
| 2025 | 208 | 86 | 26.4% | 7.00% | #157 |
What State Department Federal Credit Union lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most State Department Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 87 | 25 | 34 | 39.1% |
| Montgomery County | 58 | 32 | 6 | 10.3% |
| Frederick County | 12 | 7 | 2 | 16.7% |
| Charles County | 8 | 2 | 4 | 50.0% |
| Baltimore city | 8 | 1 | 3 | 37.5% |
| Calvert County | 8 | 4 | 2 | 25.0% |
| Anne Arundel County | 7 | 2 | 2 | 28.6% |
| Baltimore County | 7 | 5 | 0 | 0.0% |
| Howard County | 5 | 4 | 1 | 20.0% |
| Worcester County | 2 | 1 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 208 applications in 2025, of which 86 were originated and 55 denied.
26.4% of all applications, or 37.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans State Department Federal Credit Union originated in Maryland in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are State Department Federal Credit Union's own HMDA filing for properties located in Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology