Genisys Credit Union · Minnesota · 2025

Genisys Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Genisys Credit Union took 228 mortgage applications in Minnesota in 2025, ranking #132 of 870 lenders active in the state. It originated 59.7% of them and denied 13.6% (17.7% of the applications it decided), against a statewide denial rate of 13.6%.

228Applicationsin MN
17.7%Decision denial ratestate 16.4%
7.24%Median ratestate 6.63%
$105,000Median loanstate $215,000
$32MVolume23 counties

Genisys Credit Union in Minnesota vs the state

13.6%Denial rate0.00 pts vs state
17.7%Decision denial rate+1.36 pts vs state
59.7%Origination rate-6.72 pts vs state
7.24%Median rate+0.62 pts vs state
0.46Rate spread (pts)+0.21 pts vs state
$140kMedian applicant income
136Loans originated
31Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321212316.5%8.25%#118
202423014310.4%8.00%#117
202522813613.6%7.24%#132

What Genisys Credit Union lends in Minnesota

By loan purpose

Home purchase 70 31% · 7.1% denied
Refinance 35 15% · 17.1% denied
Cash-out refinance 6 3% · 16.7% denied
Home improvement 64 28% · 12.5% denied
Other / HELOC 53 23% · 20.8% denied

By loan type

Conventional 228 100% · 13.6% denied

Why it denied Minnesota applicants

Debt-to-income ratio 19 61%
Collateral 6 19%
Credit history 4 13%
Incomplete application 2 6%

Where in Minnesota

Counties with the most Genisys Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dakota County 633113 20.6%
Hennepin County 49276 12.2%
Ramsey County 29202 6.9%
Anoka County 24201 4.2%
Washington County 15101 6.7%
Scott County 861 12.5%
Olmsted County 651 16.7%
Carver County 640 0.0%
Wright County 530 0.0%
Chisago County 430 0.0%

Other large lenders in Minnesota

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 8,69410.6%6.38%
U.S. BankD 8,62430.4%7.88%
Bell BankA 7,9875.3%6.63%
Rocket MortgageC 7,63016.3%6.63%
Trustone Financial Credit UnionC 6,06620.0%7.25%
Affinity PlusC 5,43814.6%6.63%
Blaze Credit UnionB 4,07412.3%6.38%
Wings Financial Credit UnionA 3,96016.4%7.25%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%

Frequently asked questions

Minnesota: 228 applications in 2025, of which 136 were originated and 31 denied.

13.6% of all applications, or 17.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Genisys Credit Union originated in Minnesota in 2025 was 7.24%, against a statewide median of 6.63%.

About this data. Figures are Genisys 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