First Community Credit Union in Minnesota vs the state
6.1%Denial rate-7.52 pts vs state
7.0%Decision denial rate-9.37 pts vs state
81.1%Origination rate+14.71 pts vs state
6.38%Median rate-0.25 pts vs state
0.00Rate spread (pts)-0.25 pts vs state
$102kMedian applicant income
120Loans originated
9Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 151 | 74 | 11.9% | 6.65% | #140 |
| 2024 | 186 | 89 | 11.8% | 6.63% | #131 |
| 2025 | 148 | 120 | 6.1% | 6.38% | #162 |
What First Community Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Community Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clay County | 66 | 58 | 3 | 4.5% |
| Polk County | 30 | 22 | 2 | 6.7% |
| Otter Tail County | 15 | 13 | 1 | 6.7% |
| Becker County | 9 | 9 | 0 | 0.0% |
| Wilkin County | 7 | 3 | 2 | 28.6% |
| Norman County | 3 | 2 | 0 | 0.0% |
| Marshall County | 3 | 2 | 1 | 33.3% |
| Dakota County | 2 | 2 | 0 | 0.0% |
| Hennepin County | 2 | 2 | 0 | 0.0% |
| Hubbard County | 2 | 1 | 0 | 0.0% |
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: 148 applications in 2025, of which 120 were originated and 9 denied.
6.1% of all applications, or 7.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Community Credit Union originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are First Community Credit Union'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