Truchoice Federal Credit Union in Maine vs the state
7.1%Denial rate-9.19 pts vs state
8.9%Decision denial rate-11.21 pts vs state
71.4%Origination rate+9.26 pts vs state
7.50%Median rate+0.63 pts vs state
1.06Rate spread (pts)+0.73 pts vs state
$107kMedian applicant income
220Loans originated
22Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 348 | 231 | 6.6% | 7.50% | #37 |
| 2024 | 338 | 225 | 6.5% | 8.50% | #46 |
| 2025 | 308 | 220 | 7.1% | 7.50% | #48 |
What Truchoice Federal Credit Union lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Truchoice Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 135 | 110 | 4 | 3.0% |
| York County | 105 | 85 | 6 | 5.7% |
| Oxford County | 7 | 6 | 0 | 0.0% |
| Androscoggin County | 7 | 7 | 0 | 0.0% |
| Franklin County | 5 | 3 | 0 | 0.0% |
| Aroostook County | 3 | 3 | 0 | 0.0% |
| Kennebec County | 3 | 2 | 0 | 0.0% |
| Lincoln County | 2 | 0 | 1 | 50.0% |
| Somerset County | 2 | 1 | 0 | 0.0% |
| Sagadahoc County | 2 | 2 | 0 | 0.0% |
Other large lenders in Maine
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bangor Savings Bank | B | 4,518 | 17.2% | 7.25% |
| United Shore Financial Services | B | 2,675 | 9.1% | 6.50% |
| Rocket Mortgage | C | 2,628 | 22.9% | 6.75% |
| The Camden National Bank | A | 2,559 | 13.2% | 6.99% |
| CMG Mortgage | A | 2,251 | 4.2% | 6.63% |
| Guild Mortgage | A | 1,838 | 5.3% | 6.63% |
| Kennebec Savings Bank | B | 1,493 | 9.6% | 7.00% |
| TD Bank | D | 1,244 | 20.2% | 7.35% |
| Mortgage Research Center | C | 1,104 | 17.6% | 6.25% |
| Evergreen Credit Union | D | 976 | 30.6% | 6.50% |
Frequently asked questions
Maine: 308 applications in 2025, of which 220 were originated and 22 denied.
7.1% of all applications, or 8.9% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Truchoice Federal Credit Union originated in Maine in 2025 was 7.50%, against a statewide median of 6.88%.
About this data. Figures are Truchoice Federal Credit Union's own HMDA filing for properties located in Maine, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology