U.S. Bank in North Dakota vs the state
30.0%Denial rate+18.60 pts vs state
37.3%Decision denial rate+23.62 pts vs state
49.2%Origination rate-20.51 pts vs state
7.30%Median rate+0.80 pts vs state
0.86Rate spread (pts)+0.62 pts vs state
$101kMedian applicant income
239Loans originated
146Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 541 | 304 | 29.0% | 7.13% | #7 |
| 2024 | 500 | 292 | 27.2% | 6.99% | #10 |
| 2025 | 486 | 239 | 30.0% | 7.30% | #11 |
What U.S. Bank lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 166 | 79 | 44 | 26.5% |
| Burleigh County | 64 | 33 | 20 | 31.3% |
| Stark County | 39 | 24 | 7 | 17.9% |
| Grand Forks County | 38 | 21 | 10 | 26.3% |
| Ward County | 30 | 12 | 14 | 46.7% |
| Stutsman County | 29 | 11 | 11 | 37.9% |
| Williams County | 22 | 12 | 7 | 31.8% |
| Morton County | 17 | 12 | 2 | 11.8% |
| Richland County | 15 | 6 | 7 | 46.7% |
| Barnes County | 7 | 4 | 1 | 14.3% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 486 applications in 2025, of which 239 were originated and 146 denied.
30.0% of all applications, or 37.3% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans U.S. Bank originated in North Dakota in 2025 was 7.30%, against a statewide median of 6.50%.
About this data. Figures are U.S. Bank's own HMDA filing for properties located in North Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology