South Story Bank & Trust · Iowa · 2025

South Story Bank & Trust in Iowa: approval rate, denial rate and rates (2025)

South Story Bank & Trust took 69 mortgage applications in Iowa in 2025, ranking #184 of 739 lenders active in the state. It originated 92.8% of them and denied 1.5% (1.5% of the applications it decided), against a statewide denial rate of 12.9%.

69Applicationsin IA
1.5%Decision denial ratestate 15.3%
Median ratestate 6.50%
$265,000Median loanstate $135,000
$20MVolume12 counties

South Story Bank & Trust in Iowa vs the state

1.5%Denial rate-11.41 pts vs state
1.5%Decision denial rate-13.79 pts vs state
92.8%Origination rate+24.29 pts vs state
Median rate
Rate spread (pts)
$132kMedian applicant income
64Loans originated
1Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202370570.0%#179
202458490.0%#199
202569641.5%#184

What South Story Bank & Trust lends in Iowa

By loan purpose

Home purchase 54 78% · 0.0% denied
Refinance 10 14% · 0.0% denied
Home improvement 4 6% · 25.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 68 99% · 1.5% denied
USDA / RHS 1 1% · 0.0% denied

Where in Iowa

Counties with the most South Story Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Story County 27270 0.0%
Polk County 20171 5.0%
Dallas County 650 0.0%
Boone County 440 0.0%
Marshall County 330 0.0%
Ringgold County 220 0.0%
Jasper County 220 0.0%
Woodbury County 110 0.0%
Cerro Gordo County 110 0.0%
Henry County 100 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 69 applications in 2025, of which 64 were originated and 1 denied.

1.5% of all applications, or 1.5% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are South Story Bank & Trust'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