Citizens Bank in South Dakota vs the state
23.1%Denial rate+10.33 pts vs state
28.5%Decision denial rate+12.72 pts vs state
56.6%Origination rate-9.40 pts vs state
6.88%Median rate+0.38 pts vs state
0.07Rate spread (pts)-0.11 pts vs state
$110kMedian applicant income
81Loans originated
33Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 54 | 35.1% | 8.75% | #45 |
| 2024 | 71 | 39 | 31.0% | 6.99% | #58 |
| 2025 | 143 | 81 | 23.1% | 6.88% | #45 |
What Citizens 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 Citizens Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 60 | 31 | 18 | 30.0% |
| Lincoln County | 18 | 15 | 1 | 5.6% |
| Pennington County | 10 | 9 | 0 | 0.0% |
| Union County | 10 | 7 | 2 | 20.0% |
| Meade County | 6 | 4 | 0 | 0.0% |
| Brown County | 6 | 2 | 2 | 33.3% |
| Hutchinson County | 5 | 0 | 0 | 0.0% |
| Lake County | 4 | 3 | 1 | 25.0% |
| Custer County | 3 | 1 | 2 | 66.7% |
| Turner County | 3 | 2 | 1 | 33.3% |
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: 143 applications in 2025, of which 81 were originated and 33 denied.
23.1% of all applications, or 28.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Citizens Bank originated in South Dakota in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Citizens 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