The People's Credit Union in New Jersey vs the state
30.0%Denial rate+12.31 pts vs state
30.0%Decision denial rate+6.95 pts vs state
70.0%Origination rate+14.32 pts vs state
8.00%Median rate+1.25 pts vs state
1.67Rate spread (pts)+1.39 pts vs state
$96kMedian applicant income
7Loans originated
3Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 12 | 29.4% | 6.75% | #467 |
| 2024 | 24 | 20 | 16.7% | 8.13% | #427 |
| 2025 | 10 | 7 | 30.0% | 8.00% | #536 |
What The People's Credit Union lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most The People's Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 3 | 3 | 0 | 0.0% |
| Atlantic County | 2 | 1 | 1 | 50.0% |
| Cumberland County | 1 | 0 | 1 | 100.0% |
| Warren County | 1 | 1 | 0 | 0.0% |
| Salem County | 1 | 1 | 0 | 0.0% |
| Burlington County | 1 | 0 | 1 | 100.0% |
| Ocean County | 1 | 1 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 10 applications in 2025, of which 7 were originated and 3 denied.
30.0% of all applications, or 30.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans The People's Credit Union originated in New Jersey in 2025 was 8.00%, against a statewide median of 6.75%.
About this data. Figures are The People's Credit Union's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology