Citizens Bank in Minnesota vs the state
29.5%Denial rate+15.92 pts vs state
33.3%Decision denial rate+16.98 pts vs state
56.9%Origination rate-9.44 pts vs state
7.90%Median rate+1.28 pts vs state
0.87Rate spread (pts)+0.62 pts vs state
$116kMedian applicant income
189Loans originated
98Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 522 | 264 | 39.1% | 7.50% | #65 |
| 2024 | 281 | 156 | 29.5% | 9.15% | #102 |
| 2025 | 332 | 189 | 29.5% | 7.90% | #107 |
What Citizens Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Citizens Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 68 | 35 | 18 | 26.5% |
| Washington County | 28 | 15 | 10 | 35.7% |
| Dakota County | 21 | 15 | 2 | 9.5% |
| Olmsted County | 20 | 14 | 4 | 20.0% |
| Anoka County | 19 | 10 | 8 | 42.1% |
| Ramsey County | 17 | 8 | 6 | 35.3% |
| Scott County | 13 | 8 | 4 | 30.8% |
| Stearns County | 12 | 5 | 7 | 58.3% |
| Wright County | 11 | 5 | 4 | 36.4% |
| Clay County | 9 | 5 | 3 | 33.3% |
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: 332 applications in 2025, of which 189 were originated and 98 denied.
29.5% of all applications, or 33.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Citizens Bank originated in Minnesota in 2025 was 7.90%, against a statewide median of 6.63%.
About this data. Figures are Citizens Bank'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