Navy Federal Credit Union in South Dakota vs the state
17.8%Denial rate+5.05 pts vs state
24.6%Decision denial rate+8.91 pts vs state
54.5%Origination rate-11.59 pts vs state
6.38%Median rate-0.13 pts vs state
-0.23Rate spread (pts)-0.42 pts vs state
$116kMedian applicant income
104Loans originated
34Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 135 | 62 | 24.4% | 6.38% | #38 |
| 2024 | 145 | 60 | 22.8% | 6.75% | #42 |
| 2025 | 191 | 104 | 17.8% | 6.38% | #35 |
What Navy Federal Credit Union lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 50 | 27 | 10 | 20.0% |
| Minnehaha County | 37 | 17 | 6 | 16.2% |
| Lincoln County | 20 | 11 | 4 | 20.0% |
| Lawrence County | 15 | 7 | 5 | 33.3% |
| Brookings County | 6 | 6 | 0 | 0.0% |
| Hughes County | 5 | 3 | 1 | 20.0% |
| Butte County | 5 | 5 | 0 | 0.0% |
| Brown County | 4 | 1 | 0 | 0.0% |
| Codington County | 4 | 3 | 0 | 0.0% |
| Meade County | 4 | 4 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 191 applications in 2025, of which 104 were originated and 34 denied.
17.8% of all applications, or 24.6% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Navy Federal Credit Union originated in South Dakota in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Navy Federal Credit Union's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology