NBKC Bank · South Dakota · 2025

NBKC Bank in South Dakota: approval rate, denial rate and rates (2025)

NBKC Bank took 22 mortgage applications in South Dakota in 2025, ranking #102 of 386 lenders active in the state. It originated 54.6% of them and denied 18.2% (23.5% of the applications it decided), against a statewide denial rate of 12.8%.

22Applicationsin SD
23.5%Decision denial ratestate 15.7%
5.93%Median ratestate 6.50%
$325,000Median loanstate $225,000
$4.6MVolume9 counties

NBKC Bank in South Dakota vs the state

18.2%Denial rate+5.43 pts vs state
23.5%Decision denial rate+7.80 pts vs state
54.6%Origination rate-11.49 pts vs state
5.93%Median rate-0.57 pts vs state
-0.18Rate spread (pts)-0.36 pts vs state
$124kMedian applicant income
12Loans originated
4Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231477.1%6.63%#104
202424188.3%6.06%#92
2025221218.2%5.93%#102

What NBKC Bank lends in South Dakota

By loan purpose

Home purchase 7 32% · 14.3% denied
Refinance 9 41% · 33.3% denied
Cash-out refinance 5 23% · 0.0% denied
Other / HELOC 1 5% · 0.0% denied

By loan type

Conventional 15 68% · 13.3% denied
FHA 4 18% · 50.0% denied
VA 3 14% · 0.0% denied

Why it denied South Dakota applicants

Debt-to-income ratio 1 25%
Credit history 1 25%
Unverifiable information 1 25%
Collateral 1 25%

Where in South Dakota

Counties with the most NBKC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 731 14.3%
Pennington County 520 0.0%
Brookings County 330 0.0%
Lincoln County 220 0.0%
Turner County 101 100.0%
Union County 110 0.0%
Roberts County 110 0.0%
Hutchinson County 101 100.0%
Clay County 101 100.0%

Other large lenders in South Dakota

LenderGradeApplicationsDenial rateMedian rate
Plains Commerce BankB 2,2805.5%6.25%
First PREMIER BankC 1,38911.7%6.88%
First Bank & TrustC 1,32011.2%6.63%
Black Hills Federal Credit UnionD 1,22323.0%7.75%
Rocket MortgageC 1,02716.9%6.75%
CMG MortgageA 9192.3%6.38%
BankwestF 78614.0%7.25%
First Dakota National BankA 6904.6%6.50%
Levo Federal Credit UnionB 6446.8%7.50%
U.S. BankD 63724.0%6.99%

Frequently asked questions

South Dakota: 22 applications in 2025, of which 12 were originated and 4 denied.

18.2% of all applications, or 23.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans NBKC Bank originated in South Dakota in 2025 was 5.93%, against a statewide median of 6.50%.

About this data. Figures are NBKC Bank'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