U.S. Bank in Utah vs the state
29.6%Denial rate+13.64 pts vs state
36.3%Decision denial rate+17.14 pts vs state
50.6%Origination rate-12.68 pts vs state
6.99%Median rate+0.37 pts vs state
0.35Rate spread (pts)+0.11 pts vs state
$153kMedian applicant income
726Loans originated
425Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,621 | 757 | 37.0% | 8.20% | #18 |
| 2024 | 1,450 | 674 | 36.1% | 7.95% | #19 |
| 2025 | 1,436 | 726 | 29.6% | 6.99% | #22 |
What U.S. Bank lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 504 | 244 | 157 | 31.2% |
| Utah County | 209 | 112 | 57 | 27.3% |
| Summit County | 140 | 94 | 18 | 12.9% |
| Davis County | 133 | 64 | 45 | 33.8% |
| Weber County | 108 | 47 | 37 | 34.3% |
| Washington County | 93 | 47 | 27 | 29.0% |
| Wasatch County | 80 | 48 | 17 | 21.3% |
| Cache County | 57 | 23 | 25 | 43.9% |
| Iron County | 21 | 11 | 7 | 33.3% |
| Box Elder County | 14 | 4 | 5 | 35.7% |
Other large lenders in Utah
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| AMERICA FIRST Federal Credit Union | C | 16,303 | 18.3% | 6.99% |
| Mountain America Federal Credit Union | D | 15,401 | 36.5% | 7.24% |
| United Shore Financial Services | B | 11,325 | 8.5% | 6.25% |
| Rocket Mortgage | C | 6,276 | 14.6% | 6.63% |
| Guild Mortgage | A | 5,427 | 1.5% | 6.50% |
| Intercap Lending | A | 4,881 | 0.7% | 6.50% |
| Goldenwest | B | 4,794 | 17.6% | 7.50% |
| First Colony Mortgage | A | 3,499 | 2.1% | 6.38% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
Frequently asked questions
Utah: 1,436 applications in 2025, of which 726 were originated and 425 denied.
29.6% of all applications, or 36.3% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans U.S. Bank originated in Utah in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are U.S. Bank's own HMDA filing for properties located in Utah, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology