City State Bank · Iowa · 2025

City State Bank in Iowa: approval rate, denial rate and rates (2025)

City State Bank took 120 mortgage applications in Iowa in 2025, ranking #138 of 739 lenders active in the state. It originated 80.8% of them and denied 9.2% (9.5% of the applications it decided), against a statewide denial rate of 12.9%.

120Applicationsin IA
9.5%Decision denial ratestate 15.3%
Median ratestate 6.50%
$230,000Median loanstate $135,000
$41MVolume16 counties

City State Bank in Iowa vs the state

9.2%Denial rate-3.69 pts vs state
9.5%Decision denial rate-5.83 pts vs state
80.8%Origination rate+12.37 pts vs state
Median rate
Rate spread (pts)
$149kMedian applicant income
97Loans originated
11Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393665.4%#150
2024927110.9%#153
2025120979.2%#138

What City State Bank lends in Iowa

By loan purpose

Home purchase 67 56% · 11.9% denied
Refinance 36 30% · 5.6% denied
Cash-out refinance 2 2% · 50.0% denied
Home improvement 4 3% · 0.0% denied
Other / HELOC 11 9% · 0.0% denied

By loan type

Conventional 119 99% · 8.4% denied
VA 1 1% · 100.0% denied

Where in Iowa

Counties with the most City State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 36292 5.6%
Warren County 30224 13.3%
Ringgold County 12120 0.0%
Boone County 1090 0.0%
Dallas County 971 11.1%
Madison County 540 0.0%
Story County 541 20.0%
Union County 321 33.3%
Guthrie County 321 33.3%
Dickinson County 110 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 120 applications in 2025, of which 97 were originated and 11 denied.

9.2% of all applications, or 9.5% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

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

About this data. Figures are City State Bank'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