First Western Bank & Trust in Minnesota vs the state
6.3%Denial rate-7.26 pts vs state
7.5%Decision denial rate-8.88 pts vs state
77.1%Origination rate+10.74 pts vs state
6.50%Median rate-0.13 pts vs state
0.09Rate spread (pts)-0.17 pts vs state
$94kMedian applicant income
219Loans originated
18Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 366 | 298 | 4.1% | 6.50% | #88 |
| 2024 | 290 | 217 | 6.6% | 6.75% | #99 |
| 2025 | 284 | 219 | 6.3% | 6.50% | #117 |
What First Western Bank & Trust lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Western Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Crow Wing County | 85 | 66 | 7 | 8.2% |
| Clay County | 31 | 26 | 2 | 6.5% |
| Douglas County | 31 | 23 | 0 | 0.0% |
| Cass County | 20 | 16 | 1 | 5.0% |
| Morrison County | 19 | 12 | 2 | 10.5% |
| Otter Tail County | 13 | 11 | 1 | 7.7% |
| Hennepin County | 11 | 10 | 0 | 0.0% |
| Pope County | 6 | 3 | 1 | 16.7% |
| Kandiyohi County | 5 | 2 | 1 | 20.0% |
| Ramsey County | 4 | 3 | 1 | 25.0% |
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: 284 applications in 2025, of which 219 were originated and 18 denied.
6.3% of all applications, or 7.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Western Bank & Trust originated in Minnesota in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are First Western Bank & Trust'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