Utilities Employees Credit Union in New Jersey vs the state
14.2%Denial rate-3.50 pts vs state
17.2%Decision denial rate-5.84 pts vs state
66.2%Origination rate+10.54 pts vs state
6.74%Median rate-0.01 pts vs state
0.41Rate spread (pts)+0.13 pts vs state
$163kMedian applicant income
98Loans originated
21Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 126 | 88 | 9.5% | 6.81% | #222 |
| 2024 | 141 | 95 | 14.2% | 6.99% | #225 |
| 2025 | 148 | 98 | 14.2% | 6.74% | #223 |
What Utilities Employees Credit Union lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Utilities Employees Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 5 | 3 | 0 | 0.0% |
| Monmouth County | 4 | 3 | 0 | 0.0% |
| Burlington County | 3 | 1 | 0 | 0.0% |
| Passaic County | 2 | 1 | 0 | 0.0% |
| Morris County | 2 | 2 | 0 | 0.0% |
| Warren County | 1 | 0 | 0 | 0.0% |
| Sussex County | 1 | 1 | 0 | 0.0% |
| Hudson County | 1 | 1 | 0 | 0.0% |
| Somerset County | 1 | 0 | 1 | 100.0% |
| Gloucester County | 1 | 0 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 148 applications in 2025, of which 98 were originated and 21 denied.
14.2% of all applications, or 17.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Utilities Employees Credit Union originated in New Jersey in 2025 was 6.74%, against a statewide median of 6.75%.
About this data. Figures are Utilities Employees Credit Union's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology