Northern Hills Federal Credit Union · South Dakota · 2025

Northern Hills Federal Credit Union in South Dakota: approval rate, denial rate and rates (2025)

Northern Hills Federal Credit Union took 33 mortgage applications in South Dakota in 2025, ranking #87 of 386 lenders active in the state. It originated 69.7% of them and denied 9.1% (11.5% of the applications it decided), against a statewide denial rate of 12.8%.

33Applicationsin SD
11.5%Decision denial ratestate 15.7%
Median ratestate 6.50%
$115,000Median loanstate $225,000
$3.8MVolume7 counties

Northern Hills Federal Credit Union in South Dakota vs the state

9.1%Denial rate-3.66 pts vs state
11.5%Decision denial rate-4.19 pts vs state
69.7%Origination rate+3.66 pts vs state
Median rate
Rate spread (pts)
$104kMedian applicant income
23Loans originated
3Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231008411.0%#44
202462489.7%#64
202533239.1%#87

What Northern Hills Federal Credit Union lends in South Dakota

By loan purpose

Home purchase 9 27% · 0.0% denied
Refinance 5 15% · 40.0% denied
Cash-out refinance 8 24% · 12.5% denied
Home improvement 2 6% · 0.0% denied
Other / HELOC 9 27% · 0.0% denied

By loan type

Conventional 32 97% · 9.4% denied
FHA 1 3% · 0.0% denied

Where in South Dakota

Counties with the most Northern Hills Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Meade County 860 0.0%
Butte County 850 0.0%
Lawrence County 870 0.0%
Pennington County 431 25.0%
Fall River County 110 0.0%
Custer County 110 0.0%
Minnehaha 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: 33 applications in 2025, of which 23 were originated and 3 denied.

9.1% of all applications, or 11.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Northern Hills 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