Valley National Bank in New York vs the state
17.0%Denial rate-2.75 pts vs state
18.5%Decision denial rate-5.50 pts vs state
68.4%Origination rate+8.81 pts vs state
6.25%Median rate-0.38 pts vs state
-0.16Rate spread (pts)-0.37 pts vs state
$180kMedian applicant income
656Loans originated
163Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 994 | 659 | 14.6% | 6.49% | #79 |
| 2024 | 964 | 678 | 15.9% | 6.50% | #84 |
| 2025 | 959 | 656 | 17.0% | 6.25% | #96 |
What Valley National 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 Valley National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nassau County | 215 | 149 | 38 | 17.7% |
| Suffolk County | 178 | 121 | 30 | 16.9% |
| Kings County | 164 | 115 | 30 | 18.3% |
| Queens County | 104 | 67 | 12 | 11.5% |
| Westchester County | 58 | 35 | 10 | 17.2% |
| Rockland County | 34 | 22 | 8 | 23.5% |
| New York County | 32 | 20 | 6 | 18.8% |
| Richmond County | 29 | 20 | 6 | 20.7% |
| Orange County | 28 | 19 | 8 | 28.6% |
| Ulster County | 26 | 20 | 4 | 15.4% |
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: 959 applications in 2025, of which 656 were originated and 163 denied.
17.0% of all applications, or 18.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Valley National Bank originated in New York in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Valley National 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