Kerndt Brothers Savings Bank in Iowa vs the state
21.3%Denial rate+8.42 pts vs state
24.4%Decision denial rate+9.08 pts vs state
63.8%Origination rate-4.63 pts vs state
—Median rate
—Rate spread (pts)
$78kMedian applicant income
30Loans originated
10Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 95 | 75 | 11.6% | — | #149 |
| 2024 | 60 | 32 | 30.0% | — | #196 |
| 2025 | 47 | 30 | 21.3% | — | #223 |
What Kerndt Brothers Savings Bank lends in Iowa
By loan purpose
By loan type
Where in Iowa
Counties with the most Kerndt Brothers Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allamakee County | 17 | 10 | 3 | 17.6% |
| Fayette County | 11 | 8 | 3 | 27.3% |
| Winneshiek County | 6 | 4 | 1 | 16.7% |
| Dubuque County | 4 | 4 | 0 | 0.0% |
| Polk County | 2 | 1 | 1 | 50.0% |
| Clayton County | 2 | 2 | 0 | 0.0% |
| Clinton County | 1 | 0 | 1 | 100.0% |
| Howard County | 1 | 0 | 1 | 100.0% |
| Linn County | 1 | 0 | 0 | 0.0% |
| Johnson County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 47 applications in 2025, of which 30 were originated and 10 denied.
21.3% of all applications, or 24.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Kerndt Brothers Savings Bank's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology