GREENSTATE Credit Union · South Dakota · 2025

GREENSTATE Credit Union in South Dakota: approval rate, denial rate and rates (2025)

GREENSTATE Credit Union took 13 mortgage applications in South Dakota in 2025, ranking #124 of 386 lenders active in the state. It originated 84.6% of them and denied 7.7% (8.3% of the applications it decided), against a statewide denial rate of 12.8%.

13Applicationsin SD
8.3%Decision denial ratestate 15.7%
7.24%Median ratestate 6.50%
$85,000Median loanstate $225,000
$2.7MVolume7 counties

GREENSTATE Credit Union in South Dakota vs the state

7.7%Denial rate-5.06 pts vs state
8.3%Decision denial rate-7.40 pts vs state
84.6%Origination rate+18.58 pts vs state
7.24%Median rate+0.74 pts vs state
1.35Rate spread (pts)+1.17 pts vs state
$157kMedian applicant income
11Loans originated
1Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023620.0%6.25%#150
202415913.3%6.88%#107
202513117.7%7.24%#124

What GREENSTATE Credit Union lends in South Dakota

By loan purpose

Home purchase 6 46% · 16.7% denied
Refinance 1 8% · 0.0% denied
Home improvement 4 31% · 0.0% denied
Other / HELOC 2 15% · 0.0% denied

By loan type

Conventional 11 85% · 9.1% denied
VA 2 15% · 0.0% denied

Why it denied South Dakota applicants

Debt-to-income ratio 1 100%

Where in South Dakota

Counties with the most GREENSTATE Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pennington County 440 0.0%
Minnehaha County 430 0.0%
Lake County 110 0.0%
Lincoln County 110 0.0%
Yankton County 110 0.0%
Hughes County 110 0.0%
Codington County 101 100.0%

Other large lenders in South Dakota

LenderGradeApplicationsDenial rateMedian rate
Plains Commerce BankB 2,2805.5%6.25%
First PREMIER BankC 1,38911.7%6.88%
First Bank & TrustC 1,32011.2%6.63%
Black Hills Federal Credit UnionD 1,22323.0%7.75%
Rocket MortgageC 1,02716.9%6.75%
CMG MortgageA 9192.3%6.38%
BankwestF 78614.0%7.25%
First Dakota National BankA 6904.6%6.50%
Levo Federal Credit UnionB 6446.8%7.50%
U.S. BankD 63724.0%6.99%

Frequently asked questions

South Dakota: 13 applications in 2025, of which 11 were originated and 1 denied.

7.7% of all applications, or 8.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans GREENSTATE Credit Union originated in South Dakota in 2025 was 7.24%, against a statewide median of 6.50%.

About this data. Figures are GREENSTATE Credit Union's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology