University of Michigan Credit Union in Michigan vs the state
5.9%Denial rate-12.63 pts vs state
7.1%Decision denial rate-15.46 pts vs state
66.5%Origination rate+6.61 pts vs state
7.50%Median rate+0.75 pts vs state
0.06Rate spread (pts)-0.34 pts vs state
$118kMedian applicant income
790Loans originated
70Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 888 | 619 | 3.5% | 8.25% | #77 |
| 2024 | 997 | 647 | 7.8% | 8.50% | #72 |
| 2025 | 1,188 | 790 | 5.9% | 7.50% | #64 |
What University of Michigan Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most University of Michigan Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washtenaw County | 619 | 438 | 24 | 3.9% |
| Wayne County | 196 | 107 | 25 | 12.8% |
| Oakland County | 106 | 71 | 5 | 4.7% |
| Livingston County | 55 | 41 | 2 | 3.6% |
| Genesee County | 47 | 30 | 2 | 4.3% |
| Jackson County | 25 | 15 | 3 | 12.0% |
| Monroe County | 23 | 14 | 3 | 13.0% |
| Macomb County | 19 | 11 | 2 | 10.5% |
| Lenawee County | 18 | 11 | 1 | 5.6% |
| Ingham County | 9 | 8 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 1,188 applications in 2025, of which 790 were originated and 70 denied.
5.9% of all applications, or 7.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans University of Michigan Credit Union originated in Michigan in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are University of Michigan Credit Union's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology