First Dakota National Bank in South Dakota vs the state
4.6%Denial rate-8.11 pts vs state
5.2%Decision denial rate-10.49 pts vs state
83.5%Origination rate+17.44 pts vs state
6.50%Median rate0.00 pts vs state
-0.01Rate spread (pts)-0.19 pts vs state
$119kMedian applicant income
576Loans originated
32Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 643 | 530 | 5.6% | 6.75% | #9 |
| 2024 | 652 | 523 | 6.3% | 6.63% | #8 |
| 2025 | 690 | 576 | 4.6% | 6.50% | #8 |
What First Dakota National Bank lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most First Dakota National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 218 | 190 | 3 | 1.4% |
| Yankton County | 103 | 82 | 9 | 8.7% |
| Lincoln County | 98 | 84 | 2 | 2.0% |
| Davison County | 60 | 54 | 1 | 1.7% |
| Hughes County | 32 | 24 | 3 | 9.4% |
| Clay County | 30 | 25 | 2 | 6.7% |
| Union County | 21 | 15 | 3 | 14.3% |
| Bon Homme County | 18 | 15 | 2 | 11.1% |
| Brule County | 17 | 12 | 1 | 5.9% |
| McCook County | 14 | 12 | 2 | 14.3% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
| First Interstate Bank | D | 615 | 26.2% | 8.25% |
Frequently asked questions
South Dakota: 690 applications in 2025, of which 576 were originated and 32 denied.
4.6% of all applications, or 5.2% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans First Dakota National Bank originated in South Dakota in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are First Dakota National Bank's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology