Minnco Credit Union in Minnesota vs the state
18.2%Denial rate+4.60 pts vs state
23.2%Decision denial rate+6.89 pts vs state
57.4%Origination rate-9.00 pts vs state
7.00%Median rate+0.38 pts vs state
1.21Rate spread (pts)+0.96 pts vs state
$102kMedian applicant income
249Loans originated
79Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 483 | 268 | 27.5% | 6.50% | #72 |
| 2024 | 419 | 245 | 23.4% | 7.50% | #86 |
| 2025 | 434 | 249 | 18.2% | 7.00% | #89 |
What Minnco Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Minnco Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Isanti County | 143 | 72 | 33 | 23.1% |
| Anoka County | 73 | 43 | 13 | 17.8% |
| Chisago County | 66 | 44 | 8 | 12.1% |
| Sherburne County | 54 | 34 | 9 | 16.7% |
| Pine County | 18 | 9 | 3 | 16.7% |
| Kanabec County | 17 | 9 | 3 | 17.6% |
| Mille Lacs County | 17 | 12 | 3 | 17.6% |
| Wright County | 8 | 2 | 3 | 37.5% |
| Hennepin County | 8 | 6 | 0 | 0.0% |
| Washington County | 7 | 6 | 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: 434 applications in 2025, of which 249 were originated and 79 denied.
18.2% of all applications, or 23.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Minnco Credit Union originated in Minnesota in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Minnco 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