Citibank · South Dakota · 2025

Citibank in South Dakota: approval rate, denial rate and rates (2025)

Citibank took 13 mortgage applications in South Dakota in 2025, ranking #123 of 386 lenders active in the state. It originated 46.2% of them and denied 23.1% (33.3% of the applications it decided), against a statewide denial rate of 12.8%.

13Applicationsin SD
33.3%Decision denial ratestate 15.7%
8.19%Median ratestate 6.50%
$105,000Median loanstate $225,000
$1.4MVolume4 counties

Citibank in South Dakota vs the state

23.1%Denial rate+10.33 pts vs state
33.3%Decision denial rate+17.60 pts vs state
46.2%Origination rate-19.89 pts vs state
8.19%Median rate+1.69 pts vs state
1.00Rate spread (pts)+0.82 pts vs state
$80kMedian applicant income
6Loans originated
3Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023510.0%8.63%#162
202410330.0%6.38%#127
202513623.1%8.19%#123

What Citibank lends in South Dakota

By loan purpose

Home purchase 2 15% · 0.0% denied
Cash-out refinance 2 15% · 0.0% denied
Home improvement 3 23% · 0.0% denied
Other / HELOC 6 46% · 50.0% denied

By loan type

Conventional 12 92% · 25.0% denied
FHA 1 8% · 0.0% denied

Why it denied South Dakota applicants

Credit history 2 67%
Debt-to-income ratio 1 33%

Where in South Dakota

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 841 12.5%
Lincoln County 220 0.0%
Lawrence County 201 50.0%
Oglala Lakota County 101 100.0%

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: 13 applications in 2025, of which 6 were originated and 3 denied.

23.1% of all applications, or 33.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Citibank originated in South Dakota in 2025 was 8.19%, against a statewide median of 6.50%.

About this data. Figures are Citibank'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