The First National Bank of Groton · New York · 2025

The First National Bank of Groton in New York: approval rate, denial rate and rates (2025)

The First National Bank of Groton took 76 mortgage applications in New York in 2025, ranking #301 of 750 lenders active in the state. It originated 89.5% of them and denied 9.2% (9.3% of the applications it decided), against a statewide denial rate of 19.8%.

76Applicationsin NY
9.3%Decision denial ratestate 24.0%
Median ratestate 6.63%
$125,000Median loanstate $235,000
$9.6MVolume6 counties

The First National Bank of Groton in New York vs the state

9.2%Denial rate-10.54 pts vs state
9.3%Decision denial rate-14.71 pts vs state
89.5%Origination rate+29.88 pts vs state
Median rate
Rate spread (pts)
$95kMedian applicant income
68Loans originated
7Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023948014.9%#266
2024806617.5%#287
202576689.2%#301

What The First National Bank of Groton lends in New York

By loan purpose

Home purchase 34 45% · 17.7% denied
Refinance 15 20% · 0.0% denied
Home improvement 14 18% · 7.1% denied
Other / HELOC 13 17% · 0.0% denied

By loan type

Conventional 76 100% · 9.2% denied

Why it denied New York applicants

Debt-to-income ratio 3 43%
Collateral 2 29%
Credit history 1 14%
Employment history 1 14%

Where in New York

Counties with the most The First National Bank of Groton applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tompkins County 35295 14.3%
Cayuga County 26260 0.0%
Cortland County 11101 9.1%
Broome County 220 0.0%
Seneca County 110 0.0%
Tioga County 101 100.0%

Other large lenders in New York

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 20,31532.7%7.97%
Rocket MortgageC 19,92422.0%6.88%
United Shore Financial ServicesB 14,77711.2%6.50%
JPMorgan Chase BankB 14,73511.7%6.38%
Manufacturers and Traders TrustC 12,33531.3%5.99%
Bank of AmericaF 10,19335.7%5.99%
Bethpage Federal Credit UnionC 9,73647.2%6.49%
TD BankD 9,23930.2%7.69%
NewrezD 8,65424.2%6.75%
ESL Federal Credit UnionB 7,81717.6%4.50%

Frequently asked questions

New York: 76 applications in 2025, of which 68 were originated and 7 denied.

9.2% of all applications, or 9.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The First National Bank of Groton'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