Service First Federal Credit Union in South Dakota vs the state
6.6%Denial rate-6.12 pts vs state
7.8%Decision denial rate-7.89 pts vs state
77.4%Origination rate+11.31 pts vs state
—Median rate
—Rate spread (pts)
$93kMedian applicant income
140Loans originated
12Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 202 | 160 | 6.9% | — | #32 |
| 2024 | 192 | 158 | 6.8% | — | #35 |
| 2025 | 181 | 140 | 6.6% | — | #37 |
What Service First Federal Credit Union lends in South Dakota
By loan purpose
By loan type
Where in South Dakota
Counties with the most Service First Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Minnehaha County | 126 | 97 | 11 | 8.7% |
| Lincoln County | 37 | 27 | 1 | 2.7% |
| Union County | 3 | 3 | 0 | 0.0% |
| Moody County | 3 | 1 | 0 | 0.0% |
| Turner County | 3 | 3 | 0 | 0.0% |
| Lake County | 2 | 2 | 0 | 0.0% |
| Hanson County | 2 | 2 | 0 | 0.0% |
| Douglas County | 1 | 1 | 0 | 0.0% |
| Brookings County | 1 | 1 | 0 | 0.0% |
| Hutchinson 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: 181 applications in 2025, of which 140 were originated and 12 denied.
6.6% of all applications, or 7.8% 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 Service First 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