Old National Bank in Minnesota vs the state
14.4%Denial rate+0.84 pts vs state
16.5%Decision denial rate+0.15 pts vs state
71.7%Origination rate+5.35 pts vs state
6.38%Median rate-0.25 pts vs state
-0.26Rate spread (pts)-0.51 pts vs state
$118kMedian applicant income
1,877Loans originated
378Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,111 | 769 | 23.9% | 6.24% | #34 |
| 2024 | 1,176 | 792 | 21.3% | 6.63% | #32 |
| 2025 | 2,617 | 1,877 | 14.4% | 6.38% | #14 |
What Old National Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Old National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 507 | 353 | 72 | 14.2% |
| Carver County | 219 | 154 | 35 | 16.0% |
| Ramsey County | 188 | 136 | 27 | 14.4% |
| Dakota County | 170 | 118 | 30 | 17.6% |
| Washington County | 142 | 98 | 19 | 13.4% |
| Scott County | 123 | 80 | 31 | 25.2% |
| Wright County | 100 | 69 | 17 | 17.0% |
| Olmsted County | 96 | 69 | 8 | 8.3% |
| Stearns County | 83 | 67 | 9 | 10.8% |
| Anoka County | 63 | 35 | 13 | 20.6% |
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: 2,617 applications in 2025, of which 1,877 were originated and 378 denied.
14.4% of all applications, or 16.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Old National Bank originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Old National Bank'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