The Federal Savings Bank in New York vs the state
10.7%Denial rate-9.08 pts vs state
15.5%Decision denial rate-8.55 pts vs state
57.0%Origination rate-2.55 pts vs state
6.63%Median rate0.00 pts vs state
0.27Rate spread (pts)+0.06 pts vs state
$142kMedian applicant income
620Loans originated
116Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,398 | 725 | 12.4% | 6.50% | #57 |
| 2024 | 1,276 | 704 | 10.8% | 6.50% | #56 |
| 2025 | 1,087 | 620 | 10.7% | 6.63% | #83 |
What The Federal Savings Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most The Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Queens County | 153 | 76 | 15 | 9.8% |
| Richmond County | 151 | 124 | 8 | 5.3% |
| Suffolk County | 145 | 75 | 23 | 15.9% |
| Kings County | 106 | 62 | 10 | 9.4% |
| Nassau County | 103 | 68 | 11 | 10.7% |
| Bronx County | 65 | 34 | 6 | 9.2% |
| Westchester County | 64 | 33 | 6 | 9.4% |
| Orange County | 36 | 19 | 3 | 8.3% |
| Dutchess County | 28 | 16 | 3 | 10.7% |
| Rockland County | 19 | 11 | 1 | 5.3% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 1,087 applications in 2025, of which 620 were originated and 116 denied.
10.7% of all applications, or 15.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans The Federal Savings Bank originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are The Federal Savings Bank's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology