Pentagon Federal Credit Union · South Dakota · 2025

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

Pentagon Federal Credit Union took 20 mortgage applications in South Dakota in 2025, ranking #105 of 386 lenders active in the state. It originated 50.0% of them and denied 35.0% (41.2% of the applications it decided), against a statewide denial rate of 12.8%.

20Applicationsin SD
41.2%Decision denial ratestate 15.7%
7.50%Median ratestate 6.50%
$205,000Median loanstate $225,000
$2.2MVolume11 counties

Pentagon Federal Credit Union in South Dakota vs the state

35.0%Denial rate+22.25 pts vs state
41.2%Decision denial rate+25.45 pts vs state
50.0%Origination rate-16.04 pts vs state
7.50%Median rate+1.00 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$144kMedian applicant income
10Loans originated
7Denied

Trend in South Dakota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319626.3%5.75%#94
202427851.9%7.94%#86
2025201035.0%7.50%#105

What Pentagon Federal Credit Union lends in South Dakota

By loan purpose

Home purchase 3 15% · 0.0% denied
Refinance 5 25% · 60.0% denied
Cash-out refinance 4 20% · 75.0% denied
Home improvement 7 35% · 14.3% denied
Other / HELOC 1 5% · 0.0% denied

By loan type

Conventional 12 60% · 25.0% denied
FHA 3 15% · 66.7% denied
VA 5 25% · 40.0% denied

Why it denied South Dakota applicants

Other 4 57%
Debt-to-income ratio 2 29%
Credit history 1 14%

Where in South Dakota

Counties with the most Pentagon Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Minnehaha County 412 50.0%
Pennington County 321 33.3%
Lake County 312 66.7%
Stanley County 220 0.0%
Meade County 210 0.0%
McCook County 110 0.0%
Lawrence County 101 100.0%
Spink County 110 0.0%
Hughes County 110 0.0%
Lincoln 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: 20 applications in 2025, of which 10 were originated and 7 denied.

35.0% of all applications, or 41.2% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.

The median rate on loans Pentagon Federal Credit Union originated in South Dakota in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are Pentagon 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