Marine Credit Union in Minnesota vs the state
33.8%Denial rate+20.22 pts vs state
45.1%Decision denial rate+28.75 pts vs state
34.6%Origination rate-31.81 pts vs state
8.25%Median rate+1.63 pts vs state
1.83Rate spread (pts)+1.58 pts vs state
$86kMedian applicant income
47Loans originated
46Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 135 | 40 | 33.3% | 8.48% | #149 |
| 2024 | 142 | 51 | 28.2% | 9.38% | #157 |
| 2025 | 136 | 47 | 33.8% | 8.25% | #172 |
What Marine Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Marine Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Olmsted County | 36 | 12 | 8 | 22.2% |
| Winona County | 24 | 12 | 7 | 29.2% |
| Fillmore County | 23 | 8 | 10 | 43.5% |
| Houston County | 15 | 6 | 5 | 33.3% |
| Dodge County | 6 | 0 | 3 | 50.0% |
| Wabasha County | 6 | 0 | 4 | 66.7% |
| Mower County | 5 | 0 | 1 | 20.0% |
| Freeborn County | 2 | 0 | 1 | 50.0% |
| Hennepin County | 2 | 0 | 2 | 100.0% |
| Benton County | 2 | 1 | 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: 136 applications in 2025, of which 47 were originated and 46 denied.
33.8% of all applications, or 45.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Marine Credit Union originated in Minnesota in 2025 was 8.25%, against a statewide median of 6.63%.
About this data. Figures are Marine 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