Teachers Federal Credit Union in California vs the state
4.5%Denial rate-12.95 pts vs state
5.7%Decision denial rate-16.67 pts vs state
72.0%Origination rate+15.75 pts vs state
5.75%Median rate-0.88 pts vs state
0.07Rate spread (pts)-0.20 pts vs state
$303kMedian applicant income
177Loans originated
11Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 78 | 52 | 6.4% | 6.31% | #474 |
| 2024 | 121 | 86 | 2.5% | 6.13% | #412 |
| 2025 | 246 | 177 | 4.5% | 5.75% | #335 |
What Teachers Federal Credit Union lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Teachers Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orange County | 54 | 39 | 2 | 3.7% |
| Los Angeles County | 36 | 26 | 4 | 11.1% |
| Alameda County | 36 | 28 | 1 | 2.8% |
| Santa Clara County | 32 | 21 | 0 | 0.0% |
| San Diego County | 22 | 12 | 1 | 4.5% |
| Contra Costa County | 17 | 15 | 0 | 0.0% |
| Riverside County | 13 | 11 | 1 | 7.7% |
| San Francisco County | 7 | 7 | 0 | 0.0% |
| San Mateo County | 7 | 2 | 0 | 0.0% |
| Marin County | 4 | 3 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 246 applications in 2025, of which 177 were originated and 11 denied.
4.5% of all applications, or 5.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Teachers Federal Credit Union originated in California in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are Teachers Federal Credit Union's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology