North Shore Federal Credit Union in Minnesota vs the state
6.0%Denial rate-7.63 pts vs state
10.5%Decision denial rate-5.84 pts vs state
50.9%Origination rate-15.49 pts vs state
6.25%Median rate-0.38 pts vs state
0.20Rate spread (pts)-0.05 pts vs state
$97kMedian applicant income
230Loans originated
27Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 187 | 169 | 0.0% | 6.50% | #128 |
| 2024 | 167 | 136 | 7.2% | 7.25% | #143 |
| 2025 | 452 | 230 | 6.0% | 6.25% | #87 |
What North Shore Federal Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most North Shore Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Louis County | 177 | 79 | 14 | 7.9% |
| Lake County | 148 | 79 | 10 | 6.8% |
| Cook County | 94 | 55 | 2 | 2.1% |
| Carlton County | 19 | 9 | 1 | 5.3% |
| Hennepin County | 3 | 3 | 0 | 0.0% |
| Washington County | 2 | 1 | 0 | 0.0% |
| Pine County | 1 | 1 | 0 | 0.0% |
| Meeker County | 1 | 0 | 0 | 0.0% |
| Aitkin County | 1 | 0 | 0 | 0.0% |
| Wabasha County | 1 | 1 | 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: 452 applications in 2025, of which 230 were originated and 27 denied.
6.0% of all applications, or 10.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans North Shore Federal Credit Union originated in Minnesota in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are North Shore Federal 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