TrustCo Bank in Vermont vs the state
21.4%Denial rate+6.61 pts vs state
23.1%Decision denial rate+5.01 pts vs state
64.3%Origination rate-0.58 pts vs state
5.75%Median rate-0.96 pts vs state
-1.45Rate spread (pts)-1.58 pts vs state
$92kMedian applicant income
9Loans originated
3Denied
Trend in Vermont
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 9 | 29.4% | 4.49% | #84 |
| 2024 | 16 | 7 | 31.3% | 6.25% | #85 |
| 2025 | 14 | 9 | 21.4% | 5.75% | #95 |
What TrustCo Bank lends in Vermont
By loan purpose
By loan type
Why it denied Vermont applicants
Where in Vermont
Counties with the most TrustCo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bennington County | 13 | 8 | 3 | 23.1% |
| Rutland County | 1 | 1 | 0 | 0.0% |
Other large lenders in Vermont
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Eastrise Federal Credit Union | A | 3,529 | 5.1% | 6.50% |
| Rocket Mortgage | C | 1,165 | 22.0% | 6.75% |
| North Country | C | 1,135 | 9.5% | 7.25% |
| Vermont Federal Credit Union | A | 1,003 | 12.0% | 6.75% |
| Citizens Bank | C | 826 | 38.9% | 7.65% |
| Emm Loans | B | 761 | 1.5% | 6.63% |
| Mascoma Bank | B | 717 | 16.5% | 6.75% |
| Union Bank | B | 641 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 617 | 30.8% | 5.99% |
| Community Bank | D | 607 | 13.3% | 7.00% |
Frequently asked questions
Vermont: 14 applications in 2025, of which 9 were originated and 3 denied.
21.4% of all applications, or 23.1% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.
The median rate on loans TrustCo Bank originated in Vermont in 2025 was 5.75%, against a statewide median of 6.71%.
About this data. Figures are TrustCo Bank's own HMDA filing for properties located in Vermont, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology