Baxter Credit Union in Minnesota vs the state
9.2%Denial rate-4.43 pts vs state
9.4%Decision denial rate-6.99 pts vs state
67.6%Origination rate+1.21 pts vs state
6.88%Median rate+0.25 pts vs state
-0.01Rate spread (pts)-0.26 pts vs state
$182kMedian applicant income
494Loans originated
67Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 599 | 419 | 7.7% | 7.75% | #59 |
| 2024 | 577 | 418 | 8.5% | 7.75% | #69 |
| 2025 | 731 | 494 | 9.2% | 6.88% | #62 |
What Baxter Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Baxter Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 365 | 255 | 30 | 8.2% |
| Anoka County | 61 | 39 | 7 | 11.5% |
| Ramsey County | 58 | 35 | 6 | 10.3% |
| Carver County | 41 | 28 | 2 | 4.9% |
| Washington County | 38 | 20 | 3 | 7.9% |
| Dakota County | 33 | 23 | 2 | 6.1% |
| Wright County | 29 | 19 | 4 | 13.8% |
| Scott County | 25 | 15 | 5 | 20.0% |
| Sherburne County | 15 | 15 | 0 | 0.0% |
| St. Louis County | 14 | 8 | 2 | 14.3% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 731 applications in 2025, of which 494 were originated and 67 denied.
9.2% of all applications, or 9.4% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Baxter Credit Union originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Baxter Credit Union's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology