First PREMIER Bank in Minnesota vs the state
43.8%Denial rate+30.15 pts vs state
51.9%Decision denial rate+35.50 pts vs state
37.5%Origination rate-28.87 pts vs state
6.49%Median rate-0.13 pts vs state
0.22Rate spread (pts)-0.03 pts vs state
$89kMedian applicant income
12Loans originated
14Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 41 | 19 | 22.0% | 6.75% | #295 |
| 2024 | 48 | 22 | 35.4% | 6.88% | #269 |
| 2025 | 32 | 12 | 43.8% | 6.49% | #342 |
What First PREMIER Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First PREMIER Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rock County | 11 | 7 | 3 | 27.3% |
| Nobles County | 4 | 1 | 1 | 25.0% |
| Pipestone County | 3 | 1 | 2 | 66.7% |
| St. Louis County | 2 | 0 | 2 | 100.0% |
| Yellow Medicine County | 2 | 1 | 1 | 50.0% |
| Lyon County | 2 | 0 | 2 | 100.0% |
| Lincoln County | 2 | 1 | 0 | 0.0% |
| Murray County | 1 | 1 | 0 | 0.0% |
| Pine County | 1 | 0 | 1 | 100.0% |
| Blue Earth 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: 32 applications in 2025, of which 12 were originated and 14 denied.
43.8% of all applications, or 51.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First PREMIER Bank originated in Minnesota in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are First PREMIER 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