Pioneer Bank & Trust in South Dakota vs the state
8.3%Denial rate-4.42 pts vs state
10.1%Decision denial rate-5.66 pts vs state
72.2%Origination rate+6.18 pts vs state
—Median rate
—Rate spread (pts)
$118kMedian applicant income
130Loans originated
15Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 155 | 105 | 11.0% | — | #37 |
| 2024 | 159 | 124 | 4.4% | — | #39 |
| 2025 | 180 | 130 | 8.3% | — | #38 |
What Pioneer Bank & Trust lends in South Dakota
By loan purpose
By loan type
Where in South Dakota
Counties with the most Pioneer Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lawrence County | 72 | 51 | 5 | 6.9% |
| Pennington County | 52 | 38 | 5 | 9.6% |
| Meade County | 27 | 20 | 1 | 3.7% |
| Butte County | 19 | 13 | 3 | 15.8% |
| Harding County | 5 | 5 | 0 | 0.0% |
| Minnehaha County | 2 | 1 | 0 | 0.0% |
| Hyde County | 1 | 1 | 0 | 0.0% |
| Custer County | 1 | 0 | 1 | 100.0% |
| Lincoln County | 1 | 1 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 180 applications in 2025, of which 130 were originated and 15 denied.
8.3% of all applications, or 10.1% 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 Pioneer Bank & Trust'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