Manufacturers and Traders Trust in South Dakota vs the state
33.3%Denial rate+20.58 pts vs state
40.0%Decision denial rate+24.27 pts vs state
50.0%Origination rate-16.04 pts vs state
7.13%Median rate+0.63 pts vs state
0.84Rate spread (pts)+0.66 pts vs state
$89kMedian applicant income
3Loans originated
2Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6 | 3 | 0.0% | 3.75% | #149 |
| 2025 | 6 | 3 | 33.3% | 7.13% | #157 |
What Manufacturers and Traders Trust lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Day County | 1 | 0 | 1 | 100.0% |
| Davison County | 1 | 0 | 1 | 100.0% |
| Minnehaha County | 1 | 1 | 0 | 0.0% |
| Brown County | 1 | 1 | 0 | 0.0% |
| Fall River County | 1 | 1 | 0 | 0.0% |
| Butte County | 1 | 0 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 6 applications in 2025, of which 3 were originated and 2 denied.
33.3% of all applications, or 40.0% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Manufacturers and Traders Trust originated in South Dakota in 2025 was 7.13%, against a statewide median of 6.50%.
About this data. Figures are Manufacturers and Traders Trust'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