Coastal Community Bank in Minnesota vs the state
1.7%Denial rate-11.94 pts vs state
2.2%Decision denial rate-14.18 pts vs state
26.4%Origination rate-40.02 pts vs state
10.49%Median rate+3.87 pts vs state
3.18Rate spread (pts)+2.93 pts vs state
$125kMedian applicant income
445Loans originated
28Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 698 | 282 | 1.2% | 14.24% | #54 |
| 2024 | 1,309 | 361 | 1.2% | 12.49% | #29 |
| 2025 | 1,689 | 445 | 1.7% | 10.49% | #26 |
What Coastal Community Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Coastal Community Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 325 | 77 | 3 | 0.9% |
| Dakota County | 155 | 44 | 0 | 0.0% |
| Anoka County | 124 | 40 | 2 | 1.6% |
| Ramsey County | 120 | 27 | 2 | 1.7% |
| Washington County | 95 | 29 | 6 | 6.3% |
| Wright County | 76 | 18 | 2 | 2.6% |
| Olmsted County | 69 | 18 | 1 | 1.4% |
| Scott County | 68 | 25 | 2 | 2.9% |
| Sherburne County | 57 | 13 | 1 | 1.8% |
| St. Louis County | 56 | 13 | 0 | 0.0% |
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: 1,689 applications in 2025, of which 445 were originated and 28 denied.
1.7% of all applications, or 2.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Coastal Community Bank originated in Minnesota in 2025 was 10.49%, against a statewide median of 6.63%.
About this data. Figures are Coastal Community 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