Black Hills Federal Credit Union in Iowa vs the state
20.0%Denial rate+7.14 pts vs state
33.3%Decision denial rate+18.02 pts vs state
20.0%Origination rate-48.46 pts vs state
5.75%Median rate-0.75 pts vs state
-0.01Rate spread (pts)-0.20 pts vs state
$175kMedian applicant income
1Loans originated
1Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 3 | 28.6% | 6.75% | #379 |
| 2024 | 7 | 2 | 71.4% | 6.00% | #379 |
| 2025 | 5 | 1 | 20.0% | 5.75% | #420 |
What Black Hills Federal Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Black Hills Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dallas County | 2 | 1 | 0 | 0.0% |
| Plymouth County | 1 | 0 | 1 | 100.0% |
| Story County | 1 | 0 | 0 | 0.0% |
| Dickinson County | 1 | 0 | 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: 5 applications in 2025, of which 1 were originated and 1 denied.
20.0% of all applications, or 33.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Black Hills Federal Credit Union originated in Iowa in 2025 was 5.75%, against a statewide median of 6.50%.
About this data. Figures are Black Hills 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