Bell Bank in South Dakota vs the state
5.6%Denial rate-7.19 pts vs state
6.7%Decision denial rate-9.06 pts vs state
77.8%Origination rate+11.74 pts vs state
6.69%Median rate+0.19 pts vs state
0.23Rate spread (pts)+0.04 pts vs state
$116kMedian applicant income
14Loans originated
1Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 11 | 0.0% | 6.49% | #108 |
| 2024 | 10 | 10 | 0.0% | 7.25% | #126 |
| 2025 | 18 | 14 | 5.6% | 6.69% | #111 |
What Bell Bank lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Bell Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 5 | 5 | 0 | 0.0% |
| Lincoln County | 3 | 2 | 0 | 0.0% |
| Pennington County | 2 | 2 | 0 | 0.0% |
| Roberts County | 2 | 1 | 0 | 0.0% |
| Custer County | 1 | 1 | 0 | 0.0% |
| Fall River County | 1 | 1 | 0 | 0.0% |
| Codington County | 1 | 1 | 0 | 0.0% |
| Hamlin County | 1 | 1 | 0 | 0.0% |
| Brookings County | 1 | 0 | 1 | 100.0% |
| Brown County | 1 | 0 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 18 applications in 2025, of which 14 were originated and 1 denied.
5.6% of all applications, or 6.7% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Bell Bank originated in South Dakota in 2025 was 6.69%, against a statewide median of 6.50%.
About this data. Figures are Bell Bank's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology