MEMBERS1st Community Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
56th8.4% deniedPricingmedian rate spread over APOR, weight 30%
40th0.35 ptsProcesswithdrawn + incomplete share, weight 15%
71st7.1%Closing coststotal loan costs ÷ loan amount, weight 10%
55th1.79% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 65 | 64 | 0.0% | 0.0% | 6.00% | $11M |
| 2024 | 105 | 91 | 10.5% | 10.8% | 6.75% | $11M |
| 2025 | 294 | 245 | 7.8% | 8.4% | 6.54% | $25M |
What MEMBERS1st Community Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 77 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 53 investment properties.
Why MEMBERS1st Community Credit Union denies applications
Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at MEMBERS1st Community Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 27 | 25 | 0.0% |
| $50k – $100k | 74 | 73 | 1.4% |
| $100k – $150k | 69 | 69 | 0.0% |
| $150k – $250k | 31 | 30 | 3.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 25 | 19 | 13.6% |
| 35–44 | 57 | 49 | 9.3% |
| 45–54 | 64 | 54 | 8.2% |
| 55–64 | 56 | 39 | 18.4% |
| 65–74 | 31 | 28 | 3.5% |
Where MEMBERS1st Community Credit Union lends
3 states and 40 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Iowa | 291 | 245 | 7.6% | 6.54% | #78 |
Frequently asked questions
MEMBERS1st Community Credit Union denied 8.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 56th percentile of small mortgage lenders.
The most common reason MEMBERS1st Community Credit Union gave in 2025 was "credit history", cited on 47.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans MEMBERS1st Community Credit Union originated in 2025 was 6.54%, and its median rate spread over the average prime offer rate was 0.35 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 12% of its applications were for home purchases, 34% for refinancing (including cash-out), and 55% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.