Colorado Federal Savings Bank · South Dakota · 2025

Colorado Federal Savings Bank in South Dakota: approval rate, denial rate and rates (2025)

Colorado Federal Savings Bank took 12 mortgage applications in South Dakota in 2025, ranking #127 of 386 lenders active in the state. It originated 58.3% of them and denied 16.7% (22.2% of the applications it decided), against a statewide denial rate of 12.8%.

12Applicationsin SD
22.2%Decision denial ratestate 15.7%
6.00%Median ratestate 6.50%
$295,000Median loanstate $225,000
$1.9MVolume4 counties

Colorado Federal Savings Bank in South Dakota vs the state

16.7%Denial rate+3.92 pts vs state
22.2%Decision denial rate+6.49 pts vs state
58.3%Origination rate-7.71 pts vs state
6.00%Median rate-0.50 pts vs state
-0.25Rate spread (pts)-0.43 pts vs state
$99kMedian applicant income
7Loans originated
2Denied

What Colorado Federal Savings Bank lends in South Dakota

By loan purpose

Home purchase 8 67% · 12.5% denied
Refinance 4 33% · 25.0% denied

By loan type

Conventional 12 100% · 16.7% denied

Why it denied South Dakota applicants

Collateral 1 50%
Credit history 1 50%

Where in South Dakota

Counties with the most Colorado Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pennington County 842 25.0%
Lawrence County 210 0.0%
Meade County 110 0.0%
Hughes County 110 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: 12 applications in 2025, of which 7 were originated and 2 denied.

16.7% of all applications, or 22.2% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Colorado Federal Savings Bank originated in South Dakota in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are Colorado Federal Savings 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