TrustCo Bank in Florida vs the state
27.8%Denial rate+6.73 pts vs state
34.3%Decision denial rate+7.09 pts vs state
49.1%Origination rate-3.61 pts vs state
5.88%Median rate-0.75 pts vs state
-1.35Rate spread (pts)-1.62 pts vs state
$125kMedian applicant income
991Loans originated
561Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,788 | 1,493 | 27.8% | 4.88% | #67 |
| 2024 | 2,062 | 1,030 | 28.9% | 5.75% | #89 |
| 2025 | 2,019 | 991 | 27.8% | 5.88% | #92 |
What TrustCo Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most TrustCo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orange County | 460 | 222 | 165 | 35.9% |
| Seminole County | 230 | 124 | 57 | 24.8% |
| Sarasota County | 181 | 110 | 28 | 15.5% |
| Pasco County | 147 | 58 | 25 | 17.0% |
| Hillsborough County | 135 | 69 | 28 | 20.7% |
| Volusia County | 128 | 66 | 27 | 21.1% |
| Lake County | 104 | 45 | 34 | 32.7% |
| Palm Beach County | 92 | 40 | 22 | 23.9% |
| Osceola County | 90 | 37 | 42 | 46.7% |
| Brevard County | 62 | 41 | 10 | 16.1% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 2,019 applications in 2025, of which 991 were originated and 561 denied.
27.8% of all applications, or 34.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans TrustCo Bank originated in Florida in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are TrustCo Bank's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology