Village Capital & Investment in South Dakota vs the state
15.6%Denial rate+2.81 pts vs state
17.5%Decision denial rate+1.77 pts vs state
35.6%Origination rate-30.48 pts vs state
5.75%Median rate-0.75 pts vs state
—Rate spread (pts)
$76kMedian applicant income
16Loans originated
7Denied
Trend in South Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 22 | 3 | 18.2% | 6.38% | #91 |
| 2024 | 31 | 10 | 16.1% | 5.75% | #80 |
| 2025 | 45 | 16 | 15.6% | 5.75% | #75 |
What Village Capital & Investment lends in South Dakota
By loan purpose
By loan type
Why it denied South Dakota applicants
Where in South Dakota
Counties with the most Village Capital & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pennington County | 12 | 4 | 2 | 16.7% |
| Minnehaha County | 10 | 2 | 2 | 20.0% |
| Davison County | 5 | 0 | 1 | 20.0% |
| Meade County | 5 | 2 | 2 | 40.0% |
| Lincoln County | 3 | 3 | 0 | 0.0% |
| Clay County | 2 | 2 | 0 | 0.0% |
| Custer County | 2 | 1 | 0 | 0.0% |
| Yankton County | 2 | 1 | 0 | 0.0% |
| Fall River County | 1 | 0 | 0 | 0.0% |
| Bon Homme County | 1 | 0 | 0 | 0.0% |
Other large lenders in South Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Plains Commerce Bank | B | 2,280 | 5.5% | 6.25% |
| First PREMIER Bank | C | 1,389 | 11.7% | 6.88% |
| First Bank & Trust | C | 1,320 | 11.2% | 6.63% |
| Black Hills Federal Credit Union | D | 1,223 | 23.0% | 7.75% |
| Rocket Mortgage | C | 1,027 | 16.9% | 6.75% |
| CMG Mortgage | A | 919 | 2.3% | 6.38% |
| Bankwest | F | 786 | 14.0% | 7.25% |
| First Dakota National Bank | A | 690 | 4.6% | 6.50% |
| Levo Federal Credit Union | B | 644 | 6.8% | 7.50% |
| U.S. Bank | D | 637 | 24.0% | 6.99% |
Frequently asked questions
South Dakota: 45 applications in 2025, of which 16 were originated and 7 denied.
15.6% of all applications, or 17.5% of the applications it actually decided on. The South Dakota statewide average across all lenders was 12.8%.
The median rate on loans Village Capital & Investment originated in South Dakota in 2025 was 5.75%, against a statewide median of 6.50%.
About this data. Figures are Village Capital & Investment's own HMDA filing for properties located in South Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology