State Employees Credit Union of Maryland in Maryland vs the state
44.6%Denial rate+25.81 pts vs state
49.7%Decision denial rate+25.57 pts vs state
43.9%Origination rate-11.86 pts vs state
6.25%Median rate-0.38 pts vs state
-0.05Rate spread (pts)-0.29 pts vs state
$125kMedian applicant income
2,466Loans originated
2,509Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,231 | 2,263 | 43.7% | 7.13% | #6 |
| 2024 | 5,266 | 2,312 | 43.7% | 6.66% | #6 |
| 2025 | 5,624 | 2,466 | 44.6% | 6.25% | #7 |
What State Employees Credit Union of Maryland lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most State Employees Credit Union of Maryland applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore County | 1,111 | 478 | 507 | 45.6% |
| Anne Arundel County | 781 | 382 | 315 | 40.3% |
| Baltimore city | 681 | 239 | 372 | 54.6% |
| Montgomery County | 589 | 253 | 276 | 46.9% |
| Prince George's County | 505 | 160 | 300 | 59.4% |
| Howard County | 468 | 222 | 187 | 40.0% |
| Wicomico County | 264 | 127 | 99 | 37.5% |
| Frederick County | 197 | 99 | 69 | 35.0% |
| Harford County | 171 | 93 | 52 | 30.4% |
| Carroll County | 164 | 83 | 56 | 34.1% |
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% |
| 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% |
| Freedom Mortgage | B | 5,078 | 7.2% | 6.25% |
Frequently asked questions
Maryland: 5,624 applications in 2025, of which 2,466 were originated and 2,509 denied.
44.6% of all applications, or 49.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans State Employees Credit Union of Maryland originated in Maryland in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are State Employees Credit Union of Maryland'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