Trustone Financial Credit Union in Minnesota vs the state
20.0%Denial rate+6.41 pts vs state
22.1%Decision denial rate+5.73 pts vs state
68.2%Origination rate+1.80 pts vs state
7.25%Median rate+0.63 pts vs state
0.30Rate spread (pts)+0.05 pts vs state
$123kMedian applicant income
4,135Loans originated
1,214Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,581 | 4,298 | 17.2% | 7.25% | #3 |
| 2024 | 6,743 | 4,221 | 19.9% | 7.99% | #4 |
| 2025 | 6,066 | 4,135 | 20.0% | 7.25% | #5 |
What Trustone Financial Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Trustone Financial Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 2,215 | 1,489 | 447 | 20.2% |
| Dakota County | 691 | 473 | 135 | 19.5% |
| Anoka County | 618 | 409 | 137 | 22.2% |
| Ramsey County | 578 | 392 | 119 | 20.6% |
| Scott County | 320 | 223 | 69 | 21.6% |
| Washington County | 310 | 208 | 63 | 20.3% |
| Wright County | 267 | 184 | 50 | 18.7% |
| Carver County | 162 | 118 | 30 | 18.5% |
| Sherburne County | 155 | 113 | 27 | 17.4% |
| Stearns County | 116 | 82 | 21 | 18.1% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
| Broker Solutions | D | 3,246 | 5.5% | 6.75% |
Frequently asked questions
Minnesota: 6,066 applications in 2025, of which 4,135 were originated and 1,214 denied.
20.0% of all applications, or 22.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Trustone Financial Credit Union originated in Minnesota in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Trustone Financial Credit Union's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology