ALTRA Federal Credit Union in Iowa vs the state
6.3%Denial rate-6.61 pts vs state
7.1%Decision denial rate-8.17 pts vs state
81.3%Origination rate+12.79 pts vs state
6.50%Median rate0.00 pts vs state
0.20Rate spread (pts)+0.01 pts vs state
$110kMedian applicant income
13Loans originated
1Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 21 | 15 | 14.3% | 6.99% | #278 |
| 2024 | 14 | 11 | 14.3% | 7.00% | #311 |
| 2025 | 16 | 13 | 6.3% | 6.50% | #315 |
What ALTRA Federal Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most ALTRA Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allamakee County | 6 | 6 | 0 | 0.0% |
| Clayton County | 2 | 2 | 0 | 0.0% |
| Cerro Gordo County | 2 | 2 | 0 | 0.0% |
| Taylor County | 1 | 1 | 0 | 0.0% |
| Polk County | 1 | 0 | 0 | 0.0% |
| Scott County | 1 | 0 | 0 | 0.0% |
| Dallas County | 1 | 1 | 0 | 0.0% |
| Webster County | 1 | 0 | 1 | 100.0% |
| Winneshiek County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 16 applications in 2025, of which 13 were originated and 1 denied.
6.3% of all applications, or 7.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans ALTRA Federal Credit Union originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are ALTRA Federal Credit Union's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology