Servion in South Dakota vs the state
2.2%Denial rate-10.58 pts vs state
3.3%Decision denial rate-12.40 pts vs state
63.0%Origination rate-3.00 pts vs state
6.25%Median rate-0.25 pts vs state
-0.03Rate spread (pts)-0.21 pts vs state
$100kMedian applicant income
29Loans originated
1Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 42 | 36 | 0.0% | 6.56% | #68 |
| 2024 | 49 | 34 | 6.1% | 6.63% | #69 |
| 2025 | 46 | 29 | 2.2% | 6.25% | #73 |
What Servion lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Servion applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 14 | 9 | 1 | 7.1% |
| Meade County | 6 | 4 | 0 | 0.0% |
| Butte County | 5 | 3 | 0 | 0.0% |
| Lawrence County | 5 | 5 | 0 | 0.0% |
| Beadle County | 4 | 1 | 0 | 0.0% |
| Minnehaha County | 3 | 2 | 0 | 0.0% |
| Codington County | 2 | 1 | 0 | 0.0% |
| Davison County | 2 | 1 | 0 | 0.0% |
| Lake County | 1 | 0 | 0 | 0.0% |
| Tripp 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: 46 applications in 2025, of which 29 were originated and 1 denied.
2.2% of all applications, or 3.3% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Servion originated in South Dakota in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Servion'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