First Interstate Bank in Iowa vs the state
26.1%Denial rate+13.20 pts vs state
30.9%Decision denial rate+15.61 pts vs state
57.3%Origination rate-11.18 pts vs state
8.13%Median rate+1.63 pts vs state
1.05Rate spread (pts)+0.86 pts vs state
$78kMedian applicant income
244Loans originated
111Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 443 | 233 | 29.8% | 9.00% | #41 |
| 2024 | 463 | 261 | 29.2% | 9.25% | #45 |
| 2025 | 426 | 244 | 26.1% | 8.13% | #56 |
What First Interstate Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most First Interstate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marshall County | 47 | 30 | 14 | 29.8% |
| Polk County | 44 | 25 | 11 | 25.0% |
| Webster County | 39 | 17 | 13 | 33.3% |
| Jasper County | 30 | 11 | 11 | 36.7% |
| Pottawattamie County | 24 | 16 | 5 | 20.8% |
| Dallas County | 20 | 11 | 6 | 30.0% |
| Montgomery County | 20 | 8 | 4 | 20.0% |
| Story County | 19 | 17 | 1 | 5.3% |
| Des Moines County | 14 | 9 | 3 | 21.4% |
| Black Hawk County | 14 | 5 | 6 | 42.9% |
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: 426 applications in 2025, of which 244 were originated and 111 denied.
26.1% of all applications, or 30.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans First Interstate Bank originated in Iowa in 2025 was 8.13%, against a statewide median of 6.50%.
About this data. Figures are First Interstate 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