Bluestone Federal Credit Union · South Dakota · 2025

Bluestone Federal Credit Union in South Dakota: approval rate, denial rate and rates (2025)

Bluestone Federal Credit Union took 61 mortgage applications in South Dakota in 2025, ranking #65 of 386 lenders active in the state. It originated 82.0% of them and denied 4.9% (5.7% of the applications it decided), against a statewide denial rate of 12.8%.

61Applicationsin SD
5.7%Decision denial ratestate 15.7%
Median ratestate 6.50%
$65,000Median loanstate $225,000
$4.7MVolume8 counties

Bluestone Federal Credit Union in South Dakota vs the state

4.9%Denial rate-7.83 pts vs state
5.7%Decision denial rate-10.07 pts vs state
82.0%Origination rate+15.93 pts vs state
Median rate
Rate spread (pts)
$121kMedian applicant income
50Loans originated
3Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023795621.5%#52
2024745812.2%#57
202561504.9%#65

What Bluestone Federal Credit Union lends in South Dakota

By loan purpose

Home purchase 6 10% · 0.0% denied
Cash-out refinance 10 16% · 0.0% denied
Home improvement 24 39% · 4.2% denied
Other / HELOC 21 34% · 9.5% denied

By loan type

Conventional 61 100% · 4.9% denied

Where in South Dakota

Counties with the most Bluestone Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 36283 8.3%
Lincoln County 16150 0.0%
Lake County 430 0.0%
Turner County 100 0.0%
Codington County 110 0.0%
Union County 110 0.0%
Hutchinson County 110 0.0%
Hamlin County 110 0.0%

Other large lenders in South Dakota

LenderGradeApplicationsDenial rateMedian rate
Plains Commerce BankB 2,2805.5%6.25%
First PREMIER BankC 1,38911.7%6.88%
First Bank & TrustC 1,32011.2%6.63%
Black Hills Federal Credit UnionD 1,22323.0%7.75%
Rocket MortgageC 1,02716.9%6.75%
CMG MortgageA 9192.3%6.38%
BankwestF 78614.0%7.25%
First Dakota National BankA 6904.6%6.50%
Levo Federal Credit UnionB 6446.8%7.50%
U.S. BankD 63724.0%6.99%

Frequently asked questions

South Dakota: 61 applications in 2025, of which 50 were originated and 3 denied.

4.9% of all applications, or 5.7% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bluestone Federal Credit Union'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