Members Cooperative Credit Union in Minnesota vs the state
15.9%Denial rate+2.29 pts vs state
19.3%Decision denial rate+2.98 pts vs state
65.6%Origination rate-0.79 pts vs state
7.50%Median rate+0.88 pts vs state
0.74Rate spread (pts)+0.49 pts vs state
$88kMedian applicant income
524Loans originated
127Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 699 | 534 | 7.9% | 7.25% | #53 |
| 2024 | 685 | 446 | 14.7% | 8.19% | #59 |
| 2025 | 799 | 524 | 15.9% | 7.50% | #58 |
What Members Cooperative Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Members Cooperative Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Louis County | 248 | 172 | 35 | 14.1% |
| Carlton County | 166 | 115 | 25 | 15.1% |
| Pine County | 99 | 68 | 14 | 14.1% |
| Itasca County | 66 | 34 | 15 | 22.7% |
| Aitkin County | 61 | 46 | 5 | 8.2% |
| Chisago County | 32 | 20 | 5 | 15.6% |
| Crow Wing County | 23 | 15 | 4 | 17.4% |
| Isanti County | 17 | 9 | 4 | 23.5% |
| Kanabec County | 13 | 6 | 2 | 15.4% |
| Hennepin County | 11 | 4 | 5 | 45.5% |
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: 799 applications in 2025, of which 524 were originated and 127 denied.
15.9% of all applications, or 19.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Members Cooperative Credit Union originated in Minnesota in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Members Cooperative 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