Great Southern Bank in Minnesota vs the state
22.2%Denial rate+8.62 pts vs state
24.4%Decision denial rate+8.04 pts vs state
68.9%Origination rate+2.52 pts vs state
6.81%Median rate+0.19 pts vs state
0.38Rate spread (pts)+0.13 pts vs state
$118kMedian applicant income
31Loans originated
10Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 53 | 37 | 11.3% | 6.99% | #263 |
| 2024 | 43 | 30 | 23.3% | 7.25% | #286 |
| 2025 | 45 | 31 | 22.2% | 6.81% | #310 |
What Great Southern Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Great Southern Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 18 | 13 | 4 | 22.2% |
| Ramsey County | 8 | 6 | 1 | 12.5% |
| Washington County | 6 | 4 | 1 | 16.7% |
| Dakota County | 5 | 3 | 2 | 40.0% |
| Anoka County | 2 | 1 | 1 | 50.0% |
| Scott County | 2 | 2 | 0 | 0.0% |
| Itasca County | 1 | 0 | 1 | 100.0% |
| Wright County | 1 | 1 | 0 | 0.0% |
| Olmsted County | 1 | 0 | 0 | 0.0% |
| Crow Wing 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: 45 applications in 2025, of which 31 were originated and 10 denied.
22.2% of all applications, or 24.4% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Great Southern Bank originated in Minnesota in 2025 was 6.81%, against a statewide median of 6.63%.
About this data. Figures are Great Southern 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