TOWER Federal Credit Union in Colorado vs the state
31.7%Denial rate+16.08 pts vs state
36.1%Decision denial rate+16.45 pts vs state
53.7%Origination rate-6.36 pts vs state
7.00%Median rate+0.38 pts vs state
-0.30Rate spread (pts)-0.44 pts vs state
$210kMedian applicant income
22Loans originated
13Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 17 | 46.0% | 8.50% | #325 |
| 2024 | 40 | 24 | 25.0% | 7.50% | #318 |
| 2025 | 41 | 22 | 31.7% | 7.00% | #328 |
What TOWER Federal Credit Union lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most TOWER Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Arapahoe County | 10 | 5 | 2 | 20.0% |
| Jefferson County | 8 | 5 | 3 | 37.5% |
| Douglas County | 8 | 4 | 3 | 37.5% |
| Weld County | 4 | 3 | 0 | 0.0% |
| El Paso County | 3 | 1 | 2 | 66.7% |
| Larimer County | 2 | 0 | 2 | 100.0% |
| Denver County | 2 | 1 | 0 | 0.0% |
| Fremont County | 1 | 1 | 0 | 0.0% |
| Adams County | 1 | 0 | 1 | 100.0% |
| Chaffee County | 1 | 1 | 0 | 0.0% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 41 applications in 2025, of which 22 were originated and 13 denied.
31.7% of all applications, or 36.1% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans TOWER Federal Credit Union originated in Colorado in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are TOWER Federal Credit Union's own HMDA filing for properties located in Colorado, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology