Farmers and Merchants Union Bank · Wisconsin · 2025

Farmers and Merchants Union Bank in Wisconsin: approval rate, denial rate and rates (2025)

Farmers and Merchants Union Bank took 110 mortgage applications in Wisconsin in 2025, ranking #240 of 938 lenders active in the state. It originated 77.3% of them and denied 7.3% (8.3% of the applications it decided), against a statewide denial rate of 14.0%.

110Applicationsin WI
8.3%Decision denial ratestate 16.4%
Median ratestate 6.63%
$145,000Median loanstate $165,000
$22MVolume10 counties

Farmers and Merchants Union Bank in Wisconsin vs the state

7.3%Denial rate-6.74 pts vs state
8.3%Decision denial rate-8.11 pts vs state
77.3%Origination rate+9.12 pts vs state
Median rate
Rate spread (pts)
$102kMedian applicant income
85Loans originated
8Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023764910.5%#253
2024594310.2%#301
2025110857.3%#240

What Farmers and Merchants Union Bank lends in Wisconsin

By loan purpose

Home purchase 58 53% · 8.6% denied
Refinance 8 7% · 0.0% denied
Cash-out refinance 26 24% · 3.9% denied
Home improvement 7 6% · 0.0% denied
Other / HELOC 11 10% · 18.2% denied

By loan type

Conventional 110 100% · 7.3% denied

Where in Wisconsin

Counties with the most Farmers and Merchants Union Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Columbia County 43372 4.7%
Rock County 25202 8.0%
Dodge County 23123 13.0%
Dane County 971 11.1%
Green Lake County 540 0.0%
Adams County 110 0.0%
Washington County 110 0.0%
Sauk County 110 0.0%
Walworth County 110 0.0%
Lafayette County 110 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 110 applications in 2025, of which 85 were originated and 8 denied.

7.3% of all applications, or 8.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Farmers and Merchants Union Bank's own HMDA filing for properties located in Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology