First Class Community Credit Union in Iowa vs the state
33.6%Denial rate+20.76 pts vs state
34.2%Decision denial rate+18.90 pts vs state
64.7%Origination rate-3.80 pts vs state
5.63%Median rate-0.88 pts vs state
-0.50Rate spread (pts)-0.69 pts vs state
$98kMedian applicant income
75Loans originated
39Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 38 | 34 | 7.9% | 6.50% | #231 |
| 2024 | 70 | 58 | 12.9% | 6.13% | #181 |
| 2025 | 116 | 75 | 33.6% | 5.63% | #139 |
What First Class Community Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most First Class Community Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 83 | 54 | 27 | 32.5% |
| Dallas County | 14 | 10 | 4 | 28.6% |
| Warren County | 12 | 7 | 5 | 41.7% |
| Madison County | 1 | 1 | 0 | 0.0% |
| Jasper County | 1 | 1 | 0 | 0.0% |
| Cass County | 1 | 0 | 1 | 100.0% |
| Story County | 1 | 0 | 1 | 100.0% |
| Wayne County | 1 | 0 | 1 | 100.0% |
| Woodbury County | 1 | 1 | 0 | 0.0% |
| Marion 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: 116 applications in 2025, of which 75 were originated and 39 denied.
33.6% of all applications, or 34.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans First Class Community Credit Union originated in Iowa in 2025 was 5.63%, against a statewide median of 6.50%.
About this data. Figures are First Class Community 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