Gate City Bank in North Dakota vs the state
11.3%Denial rate-0.17 pts vs state
12.7%Decision denial rate-1.03 pts vs state
76.2%Origination rate+6.55 pts vs state
6.65%Median rate+0.15 pts vs state
0.31Rate spread (pts)+0.07 pts vs state
$119kMedian applicant income
2,368Loans originated
350Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,841 | 2,210 | 9.3% | 6.75% | #1 |
| 2024 | 3,071 | 2,328 | 11.9% | 6.75% | #1 |
| 2025 | 3,106 | 2,368 | 11.3% | 6.65% | #1 |
What Gate City Bank lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Gate City Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 951 | 747 | 75 | 7.9% |
| Burleigh County | 572 | 459 | 56 | 9.8% |
| Grand Forks County | 314 | 254 | 28 | 8.9% |
| Ward County | 267 | 201 | 27 | 10.1% |
| Williams County | 220 | 155 | 38 | 17.3% |
| Morton County | 163 | 126 | 15 | 9.2% |
| Stark County | 139 | 95 | 29 | 20.9% |
| Stutsman County | 110 | 81 | 19 | 17.3% |
| Richland County | 70 | 59 | 8 | 11.4% |
| Ramsey County | 46 | 27 | 12 | 26.1% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
| U.S. Bank | D | 486 | 30.0% | 7.30% |
Frequently asked questions
North Dakota: 3,106 applications in 2025, of which 2,368 were originated and 350 denied.
11.3% of all applications, or 12.7% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Gate City Bank originated in North Dakota in 2025 was 6.65%, against a statewide median of 6.50%.
About this data. Figures are Gate City Bank's own HMDA filing for properties located in North Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology