Quorum Federal Credit Union in Iowa vs the state
22.7%Denial rate+9.87 pts vs state
22.7%Decision denial rate+7.42 pts vs state
45.5%Origination rate-23.01 pts vs state
10.75%Median rate+4.25 pts vs state
3.60Rate spread (pts)+3.41 pts vs state
$102kMedian applicant income
10Loans originated
5Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 8 | 5 | 37.5% | 9.50% | #364 |
| 2025 | 22 | 10 | 22.7% | 10.75% | #292 |
What Quorum Federal Credit Union lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 5 | 2 | 1 | 20.0% |
| Scott County | 2 | 1 | 0 | 0.0% |
| Linn County | 2 | 1 | 0 | 0.0% |
| Story County | 2 | 1 | 1 | 50.0% |
| Des Moines County | 1 | 1 | 0 | 0.0% |
| Winneshiek County | 1 | 0 | 1 | 100.0% |
| Boone County | 1 | 0 | 1 | 100.0% |
| Union County | 1 | 1 | 0 | 0.0% |
| Black Hawk County | 1 | 1 | 0 | 0.0% |
| Woodbury County | 1 | 0 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 22 applications in 2025, of which 10 were originated and 5 denied.
22.7% of all applications, or 22.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Quorum Federal Credit Union originated in Iowa in 2025 was 10.75%, against a statewide median of 6.50%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology