Marine Credit Union in Iowa vs the state
36.9%Denial rate+23.99 pts vs state
45.2%Decision denial rate+29.92 pts vs state
36.5%Origination rate-31.98 pts vs state
9.13%Median rate+2.63 pts vs state
3.00Rate spread (pts)+2.81 pts vs state
$84kMedian applicant income
197Loans originated
199Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 562 | 195 | 36.7% | 8.98% | #34 |
| 2024 | 511 | 149 | 38.9% | 9.61% | #40 |
| 2025 | 540 | 197 | 36.9% | 9.13% | #40 |
What Marine Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Marine Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 190 | 71 | 67 | 35.3% |
| Scott County | 54 | 19 | 25 | 46.3% |
| Dallas County | 25 | 11 | 8 | 32.0% |
| Warren County | 23 | 10 | 7 | 30.4% |
| Allamakee County | 22 | 6 | 6 | 27.3% |
| Clayton County | 20 | 9 | 5 | 25.0% |
| Winneshiek County | 17 | 6 | 7 | 41.2% |
| Jasper County | 14 | 8 | 5 | 35.7% |
| Fayette County | 11 | 4 | 3 | 27.3% |
| Muscatine County | 10 | 4 | 1 | 10.0% |
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: 540 applications in 2025, of which 197 were originated and 199 denied.
36.9% of all applications, or 45.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Marine Credit Union originated in Iowa in 2025 was 9.13%, against a statewide median of 6.50%.
About this data. Figures are Marine Credit Union'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