State Savings Bank in Michigan vs the state
7.1%Denial rate-11.41 pts vs state
7.8%Decision denial rate-14.81 pts vs state
82.5%Origination rate+22.57 pts vs state
—Median rate
—Rate spread (pts)
$114kMedian applicant income
174Loans originated
15Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 212 | 160 | 7.1% | — | #187 |
| 2025 | 211 | 174 | 7.1% | — | #201 |
What State Savings Bank lends in Michigan
By loan purpose
By loan type
Where in Michigan
Counties with the most State Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Otsego County | 41 | 34 | 2 | 4.9% |
| Benzie County | 40 | 33 | 3 | 7.5% |
| Grand Traverse County | 33 | 24 | 3 | 9.1% |
| Leelanau County | 13 | 11 | 1 | 7.7% |
| Mecosta County | 13 | 12 | 0 | 0.0% |
| Crawford County | 9 | 6 | 2 | 22.2% |
| Roscommon County | 8 | 7 | 1 | 12.5% |
| Kalkaska County | 6 | 6 | 0 | 0.0% |
| Manistee County | 6 | 5 | 1 | 16.7% |
| Tuscola County | 5 | 4 | 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: 211 applications in 2025, of which 174 were originated and 15 denied.
7.1% of all applications, or 7.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are State Savings Bank'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