Rivers Edge Bank in South Dakota vs the state
3.3%Denial rate-9.42 pts vs state
3.5%Decision denial rate-12.22 pts vs state
91.7%Origination rate+25.63 pts vs state
—Median rate
—Rate spread (pts)
$103kMedian applicant income
55Loans originated
2Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 51 | 12.7% | — | #58 |
| 2024 | 63 | 55 | 4.8% | — | #63 |
| 2025 | 60 | 55 | 3.3% | — | #66 |
What Rivers Edge Bank lends in South Dakota
By loan purpose
By loan type
Where in South Dakota
Counties with the most Rivers Edge Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Turner County | 30 | 27 | 2 | 6.7% |
| McCook County | 8 | 7 | 0 | 0.0% |
| Yankton County | 6 | 6 | 0 | 0.0% |
| Minnehaha County | 3 | 3 | 0 | 0.0% |
| Hutchinson County | 3 | 3 | 0 | 0.0% |
| Lincoln County | 3 | 3 | 0 | 0.0% |
| Miner County | 2 | 2 | 0 | 0.0% |
| Union County | 1 | 1 | 0 | 0.0% |
| Lawrence County | 1 | 1 | 0 | 0.0% |
| Davison 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: 60 applications in 2025, of which 55 were originated and 2 denied.
3.3% of all applications, or 3.5% 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 Rivers Edge 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