First National Bank of America in Minnesota vs the state
21.4%Denial rate+7.83 pts vs state
30.0%Decision denial rate+13.65 pts vs state
50.0%Origination rate-16.37 pts vs state
9.75%Median rate+3.13 pts vs state
3.60Rate spread (pts)+3.35 pts vs state
$117kMedian applicant income
7Loans originated
3Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 29 | 17 | 6.9% | 9.87% | #351 |
| 2024 | 31 | 19 | 6.5% | 9.50% | #330 |
| 2025 | 14 | 7 | 21.4% | 9.75% | #426 |
What First National Bank of America lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First National Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 5 | 3 | 1 | 20.0% |
| Scott County | 2 | 1 | 0 | 0.0% |
| Anoka County | 2 | 0 | 1 | 50.0% |
| Ramsey County | 1 | 0 | 0 | 0.0% |
| Chisago County | 1 | 0 | 1 | 100.0% |
| Kanabec County | 1 | 1 | 0 | 0.0% |
| Pine County | 1 | 1 | 0 | 0.0% |
| Wright County | 1 | 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: 14 applications in 2025, of which 7 were originated and 3 denied.
21.4% of all applications, or 30.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First National Bank of America originated in Minnesota in 2025 was 9.75%, against a statewide median of 6.63%.
About this data. Figures are First National Bank of America'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