Lenders › Us Bank, N.A. › Minnesota
Us Bank, N.A. in Minnesota
HMDA record for properties in Minnesota, calendar year 2024. National record · Minnesota overview
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 Minnesota, Us Bank, N.A. reported 7,815 applications and 4,028 originations for 2024, $917m in all.
Its denial rate in the state was 39.6%, above the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 41.5%.
The median rate spread on its Minnesota originations was 1.3 percentage points (state median 0.4).
Applications in the state were down 9% on 2023.
Compared with the state and the lender's national record
| Measure | In Minnesota | Minnesota, all lenders | Us Bank, N.A., all states | United States |
|---|---|---|---|---|
| Denial rate | 39.6% | 16.9% | 41.5% | 24.3% |
| Median rate spread, pp | 1.3 | 0.4 | 0.6 | 0.3 |
| Originations with spread of 1.5 pp or more | 40.4% | 13.2% | 24.2% | 15.6% |
| Average originated loan | $228k | $269k | $403k | $329k |
| Home purchase share | 36.7% | 60.9% | 46.8% | 57.0% |
| FHA-insured share | 1.5% | 7.9% | 2.4% | 13.4% |
| VA-guaranteed share | 0.9% | 4.6% | 1.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMinnesota, all lenders
Loan purpose and loan type in Minnesota
By purpose
Home purchase 37% (1,480)Home improvement 22% (901)Refinancing 9% (357)Cash-out refinancing 13% (523)Other purpose 19% (767)
By type
Conventional 98% (3,930)FHA 1% (59)VA 1% (38)USDA 0% (1)
Denial reasons as coded
Share of 2,697 denials in Minnesota by first denial reason coded (outlined bar: all lenders in the state).
Counties in Minnesota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Hennepin County | 2,035 | 1,078 | $324m | 37.9% |
| Dakota County | 779 | 388 | $71m | 41.2% |
| Ramsey County | 765 | 350 | $68m | 44.1% |
| Anoka County | 634 | 299 | $54m | 42.4% |
| Washington County | 498 | 270 | $51m | 37.4% |
| St. Louis County | 350 | 191 | $30m | 36.5% |
| Scott County | 282 | 135 | $28m | 44.0% |
| Olmsted County | 180 | 119 | $33m | 22.6% |
| Carver County | 164 | 109 | $26m | 25.5% |
| Wright County | 191 | 102 | $21m | 40.8% |
| Sherburne County | 139 | 70 | $21m | 42.9% |
| Crow Wing County | 105 | 60 | $15m | 33.7% |
| Stearns County | 107 | 57 | $11m | 40.4% |
| Chisago County | 107 | 53 | $11m | 44.3% |
| Blue Earth County | 86 | 46 | $20m | 36.8% |
| Clay County | 85 | 37 | $5.0m | 50.7% |
| Cass County | 64 | 36 | $10m | 34.5% |
| Steele County | 57 | 35 | $5.5m | 32.7% |
| Itasca County | 55 | 29 | $6.5m | 35.6% |
| Morrison County | 54 | 29 | $4.3m | 38.8% |
| Douglas County | 50 | 28 | $6.3m | 37.8% |
| Benton County | 47 | 28 | $5.0m | 32.6% |
| Carlton County | 45 | 24 | $3.4m | 43.2% |
| Mower County | 57 | 22 | $3.3m | 49.0% |
| Otter Tail County | 43 | 22 | $5.2m | 43.6% |
| Isanti County | 55 | 21 | $3.8m | 52.2% |
| Kandiyohi County | 40 | 20 | $4.0m | 44.4% |
| Lyon County | 33 | 20 | $3.0m | 31.0% |
| Rice County | 38 | 19 | $13m | 38.7% |
| Goodhue County | 34 | 18 | $5.4m | 37.9% |
| Nicollet County | 28 | 18 | $2.7m | 30.8% |
| Martin County | 29 | 17 | $2.5m | 37.0% |
| Freeborn County | 46 | 16 | $2.3m | 51.4% |
| Mille Lacs County | 31 | 16 | $3.3m | 48.4% |
| Aitkin County | 29 | 15 | $2.0m | 42.3% |
| Pine County | 36 | 14 | $2.4m | 58.8% |
| Le Sueur County | 31 | 14 | $2.3m | 50.0% |
| Becker County | 26 | 10 | $1.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Us Bank, N.A. originate in Minnesota in 2024?
4,028 loans totalling $917m, from 7,815 applications reported for properties in Minnesota.
What is Us Bank, N.A.'s denial rate in Minnesota?
39.6% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 41.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Minnesota counties does Us Bank, N.A. lend in most?
By originations: Hennepin County (1,078), Dakota County (388), Ramsey County (350), Anoka County (299), Washington County (270).
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 Minnesota. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.