Lender in South Dakota · HMDA 2025
Black Hills Federal Credit Union mortgages in South Dakota
Black Hills Federal Credit Union's 2025 home-purchase and refinance lending in South Dakota, compared with all lenders in the state.
Black Hills Federal Credit Union originated 292 owner-occupied single-family loans in South Dakota from 331 completed applications, making it the state's #11 lender by volume.
Its median conventional purchase loan costs were $6,090 versus $4,750 for all South Dakota lenders, at a median 30-year fixed rate of 6.25% (South Dakota: 6.49%).
Loans in SD
292
of 331 applications
Denial rate
3.9%
Purchase · SD 6.9%
Rate spread
−0.15 pts
Conv. · SD +0.03 pts
Loan amount
$305,000
Purchase · SD $285,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 207 | 188 | 3.9% | 6.250% | −0.15 pts | $6,090 | $305,000 |
| Refinance | 35 | 29 | 11.4% | — | −0.43 pts | $6,470 | $325,000 |
| Cash-out refinance | 89 | 75 | 12.4% | 6.000% | −0.36 pts | $6,030 | $275,000 |
*Conventional loans only; medians with at least 20 loans.
South Dakota counties where Black Hills Federal Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Fall River County | 1 | 14 | 12.7% |
| Custer County | 2 | 14 | 12.2% |
| Pennington County | 3 | 125 | 6.9% |
| Meade County | 3 | 40 | 8.2% |
| Harding County | 3 | 1 | 14.3% |
| Lawrence County | 4 | 28 | 7.6% |
| Perkins County | 4 | 1 | 14.3% |
| Hughes County | 6 | 11 | 5.6% |
| Haakon County | 7 | 1 | 11.1% |
| Hyde County | 7 | 1 | 10.0% |
| Butte County | 8 | 8 | 5.3% |
| Sully County | 8 | 1 | 5.9% |
| Tripp County | 10 | 1 | 3.3% |
| Stanley County | 11 | 1 | 4.3% |
| Roberts County | 18 | 1 | 2.2% |
| Grant County | 20 | 1 | 1.3% |
| Yankton County | 24 | 2 | 0.8% |
| Minnehaha County | 25 | 28 | 0.9% |
| Lincoln County | 25 | 10 | 0.8% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology