U.S. Bank in Iowa vs the state
25.7%Denial rate+12.84 pts vs state
30.1%Decision denial rate+14.74 pts vs state
58.6%Origination rate-9.89 pts vs state
7.00%Median rate+0.50 pts vs state
0.66Rate spread (pts)+0.47 pts vs state
$89kMedian applicant income
1,593Loans originated
699Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,707 | 1,512 | 31.4% | 7.38% | #4 |
| 2024 | 2,559 | 1,457 | 28.6% | 7.13% | #7 |
| 2025 | 2,720 | 1,593 | 25.7% | 7.00% | #5 |
What U.S. Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 551 | 312 | 149 | 27.0% |
| Pottawattamie County | 211 | 112 | 70 | 33.2% |
| Linn County | 189 | 107 | 53 | 28.0% |
| Woodbury County | 188 | 126 | 38 | 20.2% |
| Scott County | 185 | 95 | 46 | 24.9% |
| Clinton County | 96 | 65 | 19 | 19.8% |
| Black Hawk County | 95 | 60 | 23 | 24.2% |
| Dallas County | 85 | 59 | 16 | 18.8% |
| Story County | 83 | 55 | 15 | 18.1% |
| Johnson County | 73 | 37 | 22 | 30.1% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
| United Shore Financial Services | B | 1,950 | 11.5% | 6.13% |
Frequently asked questions
Iowa: 2,720 applications in 2025, of which 1,593 were originated and 699 denied.
25.7% of all applications, or 30.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans U.S. Bank originated in Iowa in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are U.S. Bank'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