Plains Commerce Bank in South Dakota vs the state
5.5%Denial rate-7.27 pts vs state
7.4%Decision denial rate-8.36 pts vs state
68.9%Origination rate+2.82 pts vs state
6.25%Median rate-0.25 pts vs state
0.03Rate spread (pts)-0.16 pts vs state
$101kMedian applicant income
1,570Loans originated
125Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,298 | 1,755 | 3.8% | 6.63% | #1 |
| 2024 | 2,607 | 1,903 | 5.5% | 6.38% | #1 |
| 2025 | 2,280 | 1,570 | 5.5% | 6.25% | #1 |
What Plains Commerce Bank lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Plains Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 988 | 701 | 51 | 5.2% |
| Lincoln County | 396 | 288 | 8 | 2.0% |
| Pennington County | 190 | 134 | 11 | 5.8% |
| Davison County | 76 | 54 | 6 | 7.9% |
| Brown County | 61 | 47 | 2 | 3.3% |
| Codington County | 50 | 31 | 4 | 8.0% |
| Meade County | 40 | 30 | 0 | 0.0% |
| Lake County | 39 | 28 | 1 | 2.6% |
| Clay County | 37 | 28 | 2 | 5.4% |
| Brookings County | 36 | 23 | 2 | 5.6% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| First Interstate Bank | D | 615 | 26.2% | 8.25% |
Frequently asked questions
South Dakota: 2,280 applications in 2025, of which 1,570 were originated and 125 denied.
5.5% of all applications, or 7.4% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Plains Commerce Bank originated in South Dakota in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Plains Commerce Bank'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