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Greenstate Credit Union in Iowa

HMDA record for properties in Iowa, calendar year 2024. National record · Iowa overview

LEI 549300W4FT4H1UWPGU95
Reporting agency National Credit Union Administration
State Iowa

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Iowa, Greenstate Credit Union reported 11,890 applications and 8,850 originations for 2024, $1.5bn in all.

Its denial rate in the state was 7.4%, below the Iowa rate of 15.9% across all lenders and compared with the lender's national rate of 13.4%.

The median rate spread on its Iowa originations was 0.3 percentage points (state median 0.2).

Applications in the state were about level with 2023.

11,890applications in IA, 202463.7% of the lender's total
8,850loans originated$1.5bn
7.4%denial rateIA all lenders 15.9%
0.3 ppmedian rate spreadIA 0.2 pp

Compared with the state and the lender's national record

MeasureIn IowaIowa, all lendersGreenstate Credit Union, all statesUnited States
Denial rate7.4%15.9%13.4%24.3%
Median rate spread, pp0.30.20.30.3
Originations with spread of 1.5 pp or more26.2%15.6%26.4%15.6%
Average originated loan$167k$187k$184k$329k
Home purchase share57.2%57.7%62.6%57.0%
FHA-insured share3.1%8.2%3.6%13.4%
VA-guaranteed share2.1%5.2%1.9%7.9%

Trend by year

ApplicationsOriginations

08457.516,9152022: 16,915 Applications2023: 11,932 Applications2024: 11,890 Applications2022: 13,055 Originations2023: 8,565 Originations2024: 8,850 Originations202220232024
Greenstate Credit Union in Iowa: applications and originations, 2022–2024

This lender in stateIowa, all lenders

0%8.0%15.9%2022: 3.8% This lender in state2023: 6.6% This lender in state2024: 7.4% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Iowa

By purpose

Home purchase 57% (5,063)Home improvement 11% (1,005)Refinancing 15% (1,310)Cash-out refinancing 10% (887)Other purpose 7% (585)

By type

Conventional 95% (8,368)FHA 3% (274)VA 2% (190)USDA 0% (18)

Denial reasons as coded

Credit history46.2%
Debt-to-income ratio36.3%
Collateral6.7%
Other3.8%
Employment history3.6%
Unverifiable information2.3%
Insufficient cash (downpayment, closing costs)1%
Mortgage insurance denied0.1%
Credit application incomplete0%

Share of 731 denials in Iowa by first denial reason coded (outlined bar: all lenders in the state).

Counties in Iowa

CountyApplicationsOriginationsAmountDenial rate
Linn County2,1051,569$242m8.3%
Polk County2,1241,511$270m9.3%
Johnson County1,9171,503$272m4.2%
Black Hawk County907733$108m5.2%
Dallas County777601$152m4.9%
Scott County760585$104m5.9%
Dubuque County356269$46m11.6%
Poweshiek County248177$20m7.2%
Warren County200142$29m7.5%
Webster County194138$15m12.2%
Benton County176130$21m5.6%
Cedar County158124$14m3.7%
Iowa County136107$14m3.6%
Story County13499$18m12.9%
Muscatine County13193$11m13.9%
Washington County12387$8.6m9.9%
Jasper County12984$10.0m7.1%
Bremer County9671$9.7m10.8%
Jones County8663$7.9m4.4%
Buchanan County6349$6.4m5.6%
Grundy County6148$6.3m5.7%
Marion County5941$5.6m13.7%
Tama County5641$4.1m14.6%
Butler County5739$5.8m2.3%
Clinton County4935$4.5m5.4%
Delaware County4535$5.7m7.7%
Madison County5532$7.0m14.6%
Boone County4428$4.0m6.5%
Marshall County4626$2.9m24.3%
Henry County2821$2.5m16.0%
Jackson County2521$3.1m—
Des Moines County3420$2.2m14.8%
Louisa County2720$2.7m—
Fayette County3119$2.5m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Greenstate Credit Union originate in Iowa in 2024?

8,850 loans totalling $1.5bn, from 11,890 applications reported for properties in Iowa.

What is Greenstate Credit Union's denial rate in Iowa?

7.4% of decided applications in Iowa were denied, against 15.9% for all lenders in the state and 13.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Iowa counties does Greenstate Credit Union lend in most?

By originations: Linn County (1,569), Polk County (1,511), Johnson County (1,503), Black Hawk County (733), Dallas County (601).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Iowa. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.