USAA Federal Savings Bank in Iowa vs the state
28.1%Denial rate+15.22 pts vs state
35.6%Decision denial rate+20.32 pts vs state
50.3%Origination rate-18.21 pts vs state
6.25%Median rate-0.25 pts vs state
-0.14Rate spread (pts)-0.33 pts vs state
$105kMedian applicant income
102Loans originated
57Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 184 | 105 | 15.8% | 6.63% | #98 |
| 2024 | 211 | 113 | 20.9% | 6.50% | #92 |
| 2025 | 203 | 102 | 28.1% | 6.25% | #99 |
What USAA Federal Savings Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most USAA Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 24 | 12 | 4 | 16.7% |
| Linn County | 15 | 6 | 4 | 26.7% |
| Scott County | 12 | 8 | 2 | 16.7% |
| Warren County | 9 | 3 | 3 | 33.3% |
| Hamilton County | 7 | 1 | 4 | 57.1% |
| Pottawattamie County | 7 | 0 | 3 | 42.9% |
| Johnson County | 6 | 4 | 2 | 33.3% |
| Woodbury County | 6 | 5 | 0 | 0.0% |
| Des Moines County | 6 | 3 | 3 | 50.0% |
| Black Hawk County | 5 | 1 | 3 | 60.0% |
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% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| 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% |
Frequently asked questions
Iowa: 203 applications in 2025, of which 102 were originated and 57 denied.
28.1% of all applications, or 35.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans USAA Federal Savings Bank originated in Iowa in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are USAA Federal Savings 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