TOWER Federal Credit Union in Louisiana vs the state
50.0%Denial rate+27.83 pts vs state
50.0%Decision denial rate+21.85 pts vs state
50.0%Origination rate-1.97 pts vs state
7.75%Median rate+1.13 pts vs state
0.93Rate spread (pts)+0.57 pts vs state
$148kMedian applicant income
5Loans originated
5Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 3 | 22.2% | 7.00% | #396 |
| 2024 | 12 | 8 | 33.3% | 9.25% | #356 |
| 2025 | 10 | 5 | 50.0% | 7.75% | #377 |
What TOWER Federal Credit Union lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most TOWER Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Tammany Parish | 3 | 2 | 1 | 33.3% |
| Ascension Parish | 2 | 1 | 1 | 50.0% |
| St. James Parish | 1 | 0 | 1 | 100.0% |
| Caddo Parish | 1 | 1 | 0 | 0.0% |
| St. Landry Parish | 1 | 0 | 1 | 100.0% |
| Jefferson Parish | 1 | 1 | 0 | 0.0% |
| Calcasieu Parish | 1 | 0 | 1 | 100.0% |
Other large lenders in Louisiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 7,057 | 49.0% | 10.10% |
| United Shore Financial Services | B | 6,264 | 13.1% | 6.38% |
| Rocket Mortgage | C | 5,770 | 25.9% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 4,370 | 45.6% | 10.50% |
| Triad Financial Services | D | 3,867 | 49.7% | 8.73% |
| Hancock Whitney Bank | B | 3,536 | 21.7% | 6.00% |
| Regions Bank | C | 3,356 | 45.8% | 6.00% |
| GMFS | A | 3,072 | 2.0% | 6.50% |
| Newrez | D | 2,664 | 21.1% | 6.50% |
| Dsld Mortgage | A | 2,545 | 6.3% | 6.13% |
Frequently asked questions
Louisiana: 10 applications in 2025, of which 5 were originated and 5 denied.
50.0% of all applications, or 50.0% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans TOWER Federal Credit Union originated in Louisiana in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are TOWER Federal Credit Union's own HMDA filing for properties located in Louisiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology