First Technology Federal Credit Union in Minnesota vs the state
25.0%Denial rate+11.40 pts vs state
33.3%Decision denial rate+16.98 pts vs state
50.0%Origination rate-16.37 pts vs state
8.38%Median rate+1.75 pts vs state
1.25Rate spread (pts)+1.00 pts vs state
$99kMedian applicant income
4Loans originated
2Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 5 | 25.0% | 9.38% | #482 |
| 2024 | 13 | 8 | 15.4% | 7.56% | #422 |
| 2025 | 8 | 4 | 25.0% | 8.38% | #492 |
What First Technology Federal Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Technology Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 3 | 2 | 0 | 0.0% |
| Anoka County | 1 | 1 | 0 | 0.0% |
| Ramsey County | 1 | 0 | 0 | 0.0% |
| Dakota County | 1 | 0 | 1 | 100.0% |
| Sherburne County | 1 | 0 | 1 | 100.0% |
| Waseca 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: 8 applications in 2025, of which 4 were originated and 2 denied.
25.0% of all applications, or 33.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Technology Federal Credit Union originated in Minnesota in 2025 was 8.38%, against a statewide median of 6.63%.
About this data. Figures are First Technology Federal Credit Union'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