Summit Credit Union in Illinois vs the state
23.4%Denial rate+6.26 pts vs state
25.0%Decision denial rate+3.32 pts vs state
59.7%Origination rate+1.00 pts vs state
6.38%Median rate-0.38 pts vs state
-0.13Rate spread (pts)-0.51 pts vs state
$123kMedian applicant income
46Loans originated
18Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 66 | 46 | 10.6% | 6.50% | #406 |
| 2024 | 79 | 49 | 19.0% | 6.63% | #371 |
| 2025 | 77 | 46 | 23.4% | 6.38% | #392 |
What Summit Credit Union lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Summit Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 19 | 12 | 3 | 15.8% |
| Winnebago County | 18 | 9 | 4 | 22.2% |
| Lake County | 16 | 8 | 5 | 31.3% |
| Stephenson County | 5 | 4 | 1 | 20.0% |
| Grundy County | 4 | 4 | 0 | 0.0% |
| McHenry County | 3 | 1 | 2 | 66.7% |
| Kane County | 2 | 1 | 0 | 0.0% |
| Boone County | 2 | 2 | 0 | 0.0% |
| Jo Daviess County | 2 | 0 | 2 | 100.0% |
| St. Clair County | 1 | 1 | 0 | 0.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 77 applications in 2025, of which 46 were originated and 18 denied.
23.4% of all applications, or 25.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Summit Credit Union originated in Illinois in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Summit Credit Union's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology