Coastal Community Bank · South Dakota · 2025

Coastal Community Bank in South Dakota: approval rate, denial rate and rates (2025)

Coastal Community Bank took 162 mortgage applications in South Dakota in 2025, ranking #42 of 386 lenders active in the state. It originated 27.2% of them and denied 1.2% (1.6% of the applications it decided), against a statewide denial rate of 12.8%.

162Applicationsin SD
1.6%Decision denial ratestate 15.7%
9.49%Median ratestate 6.50%
$45,000Median loanstate $225,000
$2.2MVolume28 counties

Coastal Community Bank in South Dakota vs the state

1.2%Denial rate-11.52 pts vs state
1.6%Decision denial rate-14.10 pts vs state
27.2%Origination rate-38.88 pts vs state
9.49%Median rate+2.99 pts vs state
2.24Rate spread (pts)+2.05 pts vs state
$102kMedian applicant income
44Loans originated
2Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023118620.0%13.49%#40
2024159401.9%12.49%#38
2025162441.2%9.49%#42

What Coastal Community Bank lends in South Dakota

By loan purpose

Cash-out refinance 1 1% · 0.0% denied
Home improvement 70 43% · 0.0% denied
Other / HELOC 91 56% · 2.2% denied

By loan type

Conventional 162 100% · 1.2% denied

Why it denied South Dakota applicants

Credit history 2 100%

Where in South Dakota

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 57150 0.0%
Lincoln County 1830 0.0%
Brown County 1120 0.0%
Lawrence County 1000 0.0%
Davison County 840 0.0%
Brookings County 820 0.0%
Hughes County 840 0.0%
Codington County 610 0.0%
Meade County 540 0.0%
Beadle County 410 0.0%

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: 162 applications in 2025, of which 44 were originated and 2 denied.

1.2% of all applications, or 1.6% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Coastal Community Bank originated in South Dakota in 2025 was 9.49%, against a statewide median of 6.50%.

About this data. Figures are Coastal Community 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