CUSB Bank · Iowa · 2025

CUSB Bank in Iowa: approval rate, denial rate and rates (2025)

CUSB Bank took 193 mortgage applications in Iowa in 2025, ranking #106 of 739 lenders active in the state. It originated 75.7% of them and denied 10.4% (12.1% of the applications it decided), against a statewide denial rate of 12.9%.

193Applicationsin IA
12.1%Decision denial ratestate 15.3%
Median ratestate 6.50%
$135,000Median loanstate $135,000
$26MVolume20 counties

CUSB Bank in Iowa vs the state

10.4%Denial rate-2.50 pts vs state
12.1%Decision denial rate-3.26 pts vs state
75.7%Origination rate+7.19 pts vs state
Median rate
Rate spread (pts)
$75kMedian applicant income
146Loans originated
20Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322216515.8%#85
202417814811.2%#106
202519314610.4%#106

What CUSB Bank lends in Iowa

By loan purpose

Home purchase 153 79% · 9.8% denied
Refinance 29 15% · 13.8% denied
Cash-out refinance 7 4% · 14.3% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 193 100% · 10.4% denied

Where in Iowa

Counties with the most CUSB Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Howard County 66526 9.1%
Mitchell County 43305 11.6%
Winneshiek County 28231 3.6%
Floyd County 1271 8.3%
Chickasaw County 963 33.3%
Bremer County 971 11.1%
Worth County 550 0.0%
Butler County 440 0.0%
Fayette County 330 0.0%
Allamakee County 220 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 193 applications in 2025, of which 146 were originated and 20 denied.

10.4% of all applications, or 12.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are CUSB Bank'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