Cobalt Credit Union in Iowa vs the state
8.6%Denial rate-4.29 pts vs state
9.0%Decision denial rate-6.35 pts vs state
87.1%Origination rate+18.68 pts vs state
7.24%Median rate+0.74 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$79kMedian applicant income
61Loans originated
6Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 41 | 23.8% | 6.88% | #189 |
| 2024 | 91 | 58 | 13.2% | 7.43% | #155 |
| 2025 | 70 | 61 | 8.6% | 7.24% | #183 |
What Cobalt Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Cobalt Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pottawattamie County | 46 | 42 | 3 | 6.5% |
| Crawford County | 10 | 9 | 1 | 10.0% |
| Mills County | 6 | 4 | 0 | 0.0% |
| Harrison County | 5 | 3 | 2 | 40.0% |
| Cass County | 1 | 1 | 0 | 0.0% |
| Montgomery County | 1 | 1 | 0 | 0.0% |
| Shelby County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 70 applications in 2025, of which 61 were originated and 6 denied.
8.6% of all applications, or 9.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Cobalt Credit Union originated in Iowa in 2025 was 7.24%, against a statewide median of 6.50%.
About this data. Figures are Cobalt Credit Union'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