First Savings Bank in Minnesota vs the state
38.1%Denial rate+24.50 pts vs state
42.1%Decision denial rate+25.76 pts vs state
52.4%Origination rate-13.99 pts vs state
7.97%Median rate+1.34 pts vs state
0.81Rate spread (pts)+0.56 pts vs state
$129kMedian applicant income
11Loans originated
8Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 72 | 51 | 1.4% | 6.63% | #229 |
| 2024 | 17 | 10 | 11.8% | 7.63% | #397 |
| 2025 | 21 | 11 | 38.1% | 7.97% | #384 |
What First Savings Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 3 | 2 | 0 | 0.0% |
| Ramsey County | 3 | 2 | 1 | 33.3% |
| Dakota County | 2 | 1 | 1 | 50.0% |
| Wright County | 2 | 2 | 0 | 0.0% |
| Olmsted County | 2 | 1 | 1 | 50.0% |
| Otter Tail County | 1 | 0 | 1 | 100.0% |
| Lyon County | 1 | 0 | 1 | 100.0% |
| Blue Earth County | 1 | 1 | 0 | 0.0% |
| Goodhue County | 1 | 0 | 1 | 100.0% |
| Anoka County | 1 | 0 | 1 | 100.0% |
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: 21 applications in 2025, of which 11 were originated and 8 denied.
38.1% of all applications, or 42.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Savings Bank originated in Minnesota in 2025 was 7.97%, against a statewide median of 6.63%.
About this data. Figures are First Savings 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