MEMBERS1st Community Credit Union · Iowa · 2025

MEMBERS1st Community Credit Union in Iowa: approval rate, denial rate and rates (2025)

MEMBERS1st Community Credit Union took 291 mortgage applications in Iowa in 2025, ranking #78 of 739 lenders active in the state. It originated 84.2% of them and denied 7.6% (8.1% of the applications it decided), against a statewide denial rate of 12.9%.

291Applicationsin IA
8.1%Decision denial ratestate 15.3%
6.54%Median ratestate 6.50%
$75,000Median loanstate $135,000
$25MVolume38 counties

MEMBERS1st Community Credit Union in Iowa vs the state

7.6%Denial rate-5.30 pts vs state
8.1%Decision denial rate-7.22 pts vs state
84.2%Origination rate+15.73 pts vs state
6.54%Median rate+0.04 pts vs state
0.35Rate spread (pts)+0.16 pts vs state
$100kMedian applicant income
245Loans originated
22Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202365640.0%6.00%#185
20241059110.5%6.75%#143
20252912457.6%6.54%#78

What MEMBERS1st Community Credit Union lends in Iowa

By loan purpose

Home purchase 34 12% · 0.0% denied
Refinance 54 19% · 0.0% denied
Cash-out refinance 45 15% · 0.0% denied
Home improvement 85 29% · 2.4% denied
Other / HELOC 73 25% · 27.4% denied

By loan type

Conventional 291 100% · 7.6% denied

Why it denied Iowa applicants

Credit history 11 50%
Debt-to-income ratio 5 23%
Collateral 2 9%
Unverifiable information 2 9%
Other 1 5%
Employment history 1 5%

Where in Iowa

Counties with the most MEMBERS1st Community Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marshall County 71618 11.3%
Boone County 62566 9.7%
Story County 21210 0.0%
Hardin County 19163 15.8%
Tama County 13130 0.0%
Grundy County 10100 0.0%
Wapello County 990 0.0%
Polk County 862 25.0%
Black Hawk County 550 0.0%
Des Moines County 440 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 291 applications in 2025, of which 245 were originated and 22 denied.

7.6% of all applications, or 8.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans MEMBERS1st Community Credit Union originated in Iowa in 2025 was 6.54%, against a statewide median of 6.50%.

About this data. Figures are MEMBERS1st Community 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