First Interstate Bank in Minnesota vs the state
21.4%Denial rate+7.83 pts vs state
25.0%Decision denial rate+8.65 pts vs state
64.3%Origination rate-2.08 pts vs state
7.08%Median rate+0.46 pts vs state
0.81Rate spread (pts)+0.56 pts vs state
$128kMedian applicant income
9Loans originated
3Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 29 | 15 | 24.1% | 6.15% | #348 |
| 2024 | 9 | 2 | 33.3% | 8.11% | #467 |
| 2025 | 14 | 9 | 21.4% | 7.08% | #425 |
What First Interstate Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Interstate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anoka County | 2 | 2 | 0 | 0.0% |
| Washington County | 1 | 1 | 0 | 0.0% |
| Goodhue County | 1 | 0 | 1 | 100.0% |
| Rock County | 1 | 1 | 0 | 0.0% |
| Fillmore County | 1 | 1 | 0 | 0.0% |
| Hennepin County | 1 | 0 | 1 | 100.0% |
| Murray County | 1 | 1 | 0 | 0.0% |
| Kandiyohi County | 1 | 1 | 0 | 0.0% |
| Lyon County | 1 | 0 | 1 | 100.0% |
| Dakota County | 1 | 0 | 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: 14 applications in 2025, of which 9 were originated and 3 denied.
21.4% of all applications, or 25.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Interstate Bank originated in Minnesota in 2025 was 7.08%, against a statewide median of 6.63%.
About this data. Figures are First Interstate Bank'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