State Department Federal Credit Union in Michigan vs the state
20.0%Denial rate+1.48 pts vs state
22.2%Decision denial rate-0.36 pts vs state
70.0%Origination rate+10.11 pts vs state
6.50%Median rate-0.25 pts vs state
-0.39Rate spread (pts)-0.79 pts vs state
$201kMedian applicant income
7Loans originated
2Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 9 | 16.7% | 7.00% | #475 |
| 2024 | 14 | 9 | 21.4% | 7.25% | #465 |
| 2025 | 10 | 7 | 20.0% | 6.50% | #513 |
What State Department Federal Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most State Department Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 3 | 1 | 1 | 33.3% |
| Clare County | 2 | 2 | 0 | 0.0% |
| Wayne County | 2 | 1 | 1 | 50.0% |
| Lapeer County | 1 | 1 | 0 | 0.0% |
| Livingston County | 1 | 1 | 0 | 0.0% |
| Ingham 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: 10 applications in 2025, of which 7 were originated and 2 denied.
20.0% of all applications, or 22.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans State Department Federal Credit Union originated in Michigan in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are State Department 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