Cornerstone State Bank in Minnesota vs the state
5.7%Denial rate-7.89 pts vs state
6.3%Decision denial rate-10.10 pts vs state
85.7%Origination rate+19.34 pts vs state
6.38%Median rate-0.25 pts vs state
-0.10Rate spread (pts)-0.35 pts vs state
$102kMedian applicant income
60Loans originated
4Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 81 | 71 | 4.9% | 6.43% | #211 |
| 2024 | 85 | 79 | 4.7% | 6.63% | #209 |
| 2025 | 70 | 60 | 5.7% | 6.38% | #247 |
What Cornerstone State Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Cornerstone State Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Le Sueur County | 13 | 12 | 0 | 0.0% |
| Scott County | 10 | 9 | 1 | 10.0% |
| Carlton County | 9 | 8 | 0 | 0.0% |
| Sibley County | 8 | 8 | 0 | 0.0% |
| Blue Earth County | 8 | 6 | 0 | 0.0% |
| Hennepin County | 5 | 5 | 0 | 0.0% |
| Carver County | 3 | 3 | 0 | 0.0% |
| Itasca County | 3 | 2 | 1 | 33.3% |
| Crow Wing County | 2 | 2 | 0 | 0.0% |
| Nicollet County | 2 | 1 | 1 | 50.0% |
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: 70 applications in 2025, of which 60 were originated and 4 denied.
5.7% of all applications, or 6.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Cornerstone State Bank originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Cornerstone State 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