TCT Federal Credit Union in New York vs the state
62.5%Denial rate+40.80 pts vs state
62.5%Decision denial rate+36.46 pts vs state
37.5%Origination rate-21.23 pts vs state
5.63%Median rate-1.13 pts vs state
-0.11Rate spread (pts)-0.38 pts vs state
$50kMedian applicant income
3Loans originated
5Denied
What TCT Federal Credit Union lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most TCT Federal Credit Union applications in 2023.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 3 | 2 | 1 | 33.3% |
| Warren County | 3 | 0 | 3 | 100.0% |
| Rensselaer County | 2 | 1 | 1 | 50.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 19,138 | 40.7% | 8.50% |
| Rocket Mortgage | C | 13,219 | 21.5% | 6.75% |
| United Shore Financial Services | B | 12,817 | 12.2% | 6.50% |
| Bank of America | F | 10,843 | 50.9% | 6.74% |
| Manufacturers and Traders Trust | C | 10,767 | 31.5% | 6.99% |
| JPMorgan Chase Bank | B | 10,767 | 10.3% | 6.40% |
| Discover Bank | F | 10,347 | 48.6% | 8.74% |
| Bethpage Federal Credit Union | C | 9,814 | 48.5% | 8.50% |
| TD Bank | D | 9,786 | 33.6% | 7.84% |
| ESL Federal Credit Union | B | 8,107 | 16.3% | 4.95% |
Frequently asked questions
New York: 8 applications in 2023, of which 3 were originated and 5 denied.
62.5% of all applications, or 62.5% of the applications it actually decided on. The New York statewide average across all lenders was 21.7%.
The median rate on loans TCT Federal Credit Union originated in New York in 2023 was 5.63%, against a statewide median of 6.75%.
About this data. Figures are TCT Federal Credit Union's own HMDA filing for properties located in New York, 2023. The grade is national; state-level figures are shown for context and are not separately graded. Methodology