TrustCo Bank in New York vs the state
20.8%Denial rate+1.06 pts vs state
24.4%Decision denial rate+0.38 pts vs state
60.8%Origination rate+1.16 pts vs state
5.88%Median rate-0.75 pts vs state
-0.63Rate spread (pts)-0.84 pts vs state
$129kMedian applicant income
1,749Loans originated
599Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,780 | 1,638 | 25.5% | 4.99% | #27 |
| 2024 | 2,317 | 1,365 | 22.7% | 5.75% | #36 |
| 2025 | 2,879 | 1,749 | 20.8% | 5.88% | #31 |
What TrustCo Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most TrustCo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Albany County | 633 | 379 | 114 | 18.0% |
| Saratoga County | 587 | 390 | 82 | 14.0% |
| Schenectady County | 483 | 280 | 116 | 24.0% |
| Westchester County | 260 | 142 | 74 | 28.5% |
| Rensselaer County | 248 | 168 | 49 | 19.8% |
| Rockland County | 173 | 95 | 49 | 28.3% |
| Dutchess County | 84 | 47 | 24 | 28.6% |
| Warren County | 82 | 60 | 11 | 13.4% |
| Washington County | 68 | 39 | 11 | 16.2% |
| Columbia County | 51 | 31 | 11 | 21.6% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 2,879 applications in 2025, of which 1,749 were originated and 599 denied.
20.8% of all applications, or 24.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans TrustCo Bank originated in New York 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 New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology