The State Bank and Trust in Michigan vs the state
19.4%Denial rate+0.92 pts vs state
23.3%Decision denial rate+0.75 pts vs state
58.3%Origination rate-1.56 pts vs state
6.63%Median rate-0.13 pts vs state
-0.11Rate spread (pts)-0.50 pts vs state
$124kMedian applicant income
21Loans originated
7Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 18 | 17.9% | 7.13% | #388 |
| 2024 | 23 | 19 | 0.0% | 6.63% | #421 |
| 2025 | 36 | 21 | 19.4% | 6.63% | #369 |
What The State Bank and Trust lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most The State Bank and Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsdale County | 10 | 6 | 2 | 20.0% |
| Lenawee County | 6 | 4 | 1 | 16.7% |
| Branch County | 5 | 3 | 0 | 0.0% |
| Monroe County | 3 | 1 | 2 | 66.7% |
| Lake County | 2 | 1 | 1 | 50.0% |
| Calhoun County | 2 | 1 | 0 | 0.0% |
| Manistee County | 2 | 1 | 0 | 0.0% |
| Kent County | 1 | 1 | 0 | 0.0% |
| Cheboygan County | 1 | 0 | 0 | 0.0% |
| Jackson County | 1 | 1 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 36 applications in 2025, of which 21 were originated and 7 denied.
19.4% of all applications, or 23.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans The State Bank and Trust originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are The State Bank and Trust's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology