TOWER Federal Credit Union in Pennsylvania vs the state
32.5%Denial rate+14.25 pts vs state
36.4%Decision denial rate+14.21 pts vs state
56.2%Origination rate-4.75 pts vs state
7.00%Median rate+0.38 pts vs state
-0.20Rate spread (pts)-0.44 pts vs state
$170kMedian applicant income
190Loans originated
110Denied
Trend in Pennsylvania
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 325 | 174 | 31.7% | 7.00% | #193 |
| 2024 | 286 | 172 | 28.3% | 7.75% | #218 |
| 2025 | 338 | 190 | 32.5% | 7.00% | #214 |
What TOWER Federal Credit Union lends in Pennsylvania
By loan purpose
By loan type
Why it denied Pennsylvania applicants
Where in Pennsylvania
Counties with the most TOWER Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 78 | 49 | 26 | 33.3% |
| Chester County | 39 | 25 | 8 | 20.5% |
| Bucks County | 35 | 23 | 9 | 25.7% |
| Philadelphia County | 33 | 15 | 13 | 39.4% |
| Delaware County | 31 | 18 | 8 | 25.8% |
| York County | 28 | 14 | 8 | 28.6% |
| Adams County | 16 | 9 | 5 | 31.3% |
| Centre County | 8 | 6 | 2 | 25.0% |
| Franklin County | 8 | 5 | 3 | 37.5% |
| Allegheny County | 7 | 4 | 2 | 28.6% |
Other large lenders in Pennsylvania
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 22,411 | 18.6% | 6.75% |
| Citizens Bank | C | 18,256 | 28.1% | 7.65% |
| PNC Bank | D | 18,031 | 20.6% | 6.88% |
| United Shore Financial Services | B | 13,178 | 13.4% | 6.47% |
| Crosscountry Mortgage | B | 11,615 | 3.3% | 6.63% |
| Members 1st | B | 10,863 | 30.9% | 1.99% |
| First National Bank of Pennsylvania | B | 9,542 | 27.8% | 6.49% |
| Police & Fire | C | 8,460 | 34.6% | 6.25% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | C | 8,308 | 13.7% | 6.64% |
| Pennymac Loan Services | C | 7,900 | 12.6% | 6.50% |
Frequently asked questions
Pennsylvania: 338 applications in 2025, of which 190 were originated and 110 denied.
32.5% of all applications, or 36.4% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.
The median rate on loans TOWER Federal Credit Union originated in Pennsylvania 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 Pennsylvania, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology