State Department Federal Credit Union in North Carolina vs the state
32.4%Denial rate+14.29 pts vs state
37.9%Decision denial rate+15.11 pts vs state
50.0%Origination rate-7.81 pts vs state
7.25%Median rate+0.75 pts vs state
0.62Rate spread (pts)+0.53 pts vs state
$130kMedian applicant income
17Loans originated
11Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 41 | 24 | 17.1% | 7.06% | #398 |
| 2024 | 46 | 26 | 30.4% | 7.60% | #400 |
| 2025 | 34 | 17 | 32.4% | 7.25% | #450 |
What State Department Federal Credit Union lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most State Department Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 9 | 3 | 3 | 33.3% |
| Wake County | 9 | 3 | 6 | 66.7% |
| Carteret County | 2 | 2 | 0 | 0.0% |
| Wilson County | 2 | 1 | 0 | 0.0% |
| Gaston County | 2 | 1 | 0 | 0.0% |
| Rockingham County | 1 | 1 | 0 | 0.0% |
| Montgomery County | 1 | 0 | 1 | 100.0% |
| New Hanover County | 1 | 0 | 1 | 100.0% |
| Rutherford County | 1 | 1 | 0 | 0.0% |
| Cumberland County | 1 | 1 | 0 | 0.0% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 34 applications in 2025, of which 17 were originated and 11 denied.
32.4% of all applications, or 37.9% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans State Department Federal Credit Union originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are State Department Federal Credit Union's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology