IDEAL Credit Union in Minnesota vs the state
20.4%Denial rate+6.78 pts vs state
21.5%Decision denial rate+5.17 pts vs state
64.6%Origination rate-1.79 pts vs state
4.49%Median rate-2.14 pts vs state
-2.66Rate spread (pts)-2.91 pts vs state
$115kMedian applicant income
618Loans originated
195Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 811 | 526 | 16.7% | 6.49% | #47 |
| 2024 | 738 | 493 | 18.3% | 7.13% | #57 |
| 2025 | 957 | 618 | 20.4% | 4.49% | #51 |
What IDEAL Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most IDEAL Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 290 | 190 | 48 | 16.6% |
| Ramsey County | 237 | 152 | 51 | 21.5% |
| Dakota County | 136 | 82 | 41 | 30.1% |
| Anoka County | 90 | 62 | 16 | 17.8% |
| Hennepin County | 87 | 53 | 21 | 24.1% |
| Chisago County | 26 | 17 | 5 | 19.2% |
| Scott County | 13 | 8 | 3 | 23.1% |
| Carver County | 9 | 7 | 1 | 11.1% |
| Wright County | 8 | 7 | 0 | 0.0% |
| St. Louis County | 5 | 3 | 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: 957 applications in 2025, of which 618 were originated and 195 denied.
20.4% of all applications, or 21.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans IDEAL Credit Union originated in Minnesota in 2025 was 4.49%, against a statewide median of 6.63%.
About this data. Figures are IDEAL 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