State Department Federal Credit Union in Tennessee vs the state
11.8%Denial rate-5.38 pts vs state
15.4%Decision denial rate-6.30 pts vs state
64.7%Origination rate+6.63 pts vs state
6.50%Median rate-0.12 pts vs state
-0.12Rate spread (pts)-0.35 pts vs state
$178kMedian applicant income
11Loans originated
2Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 8 | 25.0% | 7.75% | #539 |
| 2024 | 8 | 5 | 25.0% | 8.50% | #639 |
| 2025 | 17 | 11 | 11.8% | 6.50% | #555 |
What State Department Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most State Department Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 3 | 1 | 1 | 33.3% |
| Davidson County | 3 | 2 | 0 | 0.0% |
| Rutherford County | 2 | 1 | 0 | 0.0% |
| Knox County | 2 | 1 | 0 | 0.0% |
| Sevier County | 2 | 2 | 0 | 0.0% |
| Unicoi County | 1 | 1 | 0 | 0.0% |
| Dyer County | 1 | 1 | 0 | 0.0% |
| Cheatham County | 1 | 0 | 1 | 100.0% |
| Shelby County | 1 | 1 | 0 | 0.0% |
| Grainger County | 1 | 1 | 0 | 0.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 17 applications in 2025, of which 11 were originated and 2 denied.
11.8% of all applications, or 15.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans State Department Federal Credit Union originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.
About this data. Figures are State Department Federal Credit Union's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology