Park State Bank
Park State Bank received 354 applications in 2025 and made 250 mortgages, in 38 counties across 4 states. The median rate its borrowers got was 6.770% on a median loan of $205,000. Of 289 decisions, 36 were denials — 12.5%, most often for credit history. 2 of its applications carried no county and are counted here but on no county page.
| Legal Entity Identifier | 549300YVBUEC0SGSZW55 |
|---|---|
| Applications received | 354 |
| Mortgages made | 250 |
| Denied | 36 |
| Approved, not taken up | 3 |
| Withdrawn or incomplete | 65 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | 0.126 points |
| FDIC-insured bank | Yes: Park State Bank, 17 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 188 | 6.633% | $225,000 | 11.2% |
| Refinancing | 24 | 7.185% | $120,000 | 10.7% |
| Cash-out refinancing | 14 | 6.813% | $180,000 | 22.2% |
| Other purposes | 24 | 7.500% | $65,000 | 17.2% |
Where Park State Bank lends most
The 38 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| St. Louis County, MN | 86 | 6.863% | 12.1% |
| Lake County, MN | 37 | 6.625% | 9.8% |
| Itasca County, MN | 35 | 6.625% | 18.6% |
| Hennepin County, MN | 21 | 7.500% | 8.3% |
| Pennington County, MN | 11 | 6.375% | 0.0% |
| Cook County, MN | 8 | Under 10 loans | 0.0% |
| Olmsted County, MN | 6 | Under 10 loans | 14.3% |
| Scott County, MN | 5 | Under 10 loans | 0.0% |
| Dakota County, MN | 4 | Under 10 loans | 0.0% |
| Carlton County, MN | 3 | Under 10 loans | 40.0% |
| Douglas County, MN | 3 | Under 10 loans | 0.0% |
| Ramsey County, MN | 3 | Under 10 loans | 0.0% |
| Stearns County, MN | 3 | Under 10 loans | 0.0% |
| Anoka County, MN | 2 | Under 10 loans | 0.0% |
| Sherburne County, MN | 2 | Under 10 loans | 0.0% |
| Stevens County, MN | 2 | Under 10 loans | 50.0% |
| Barron County, WI | 2 | Under 10 loans | 0.0% |
| Douglas County, WI | 2 | Under 10 loans | 50.0% |
| Manatee County, FL | 1 | Under 10 loans | 0.0% |
| Aitkin County, MN | 1 | Under 10 loans | 0.0% |
| Carver County, MN | 1 | Under 10 loans | 0.0% |
| Clay County, MN | 1 | Under 10 loans | 0.0% |
| Goodhue County, MN | 1 | Under 10 loans | 0.0% |
| Grant County, MN | 1 | Under 10 loans | 50.0% |
| Marshall County, MN | 1 | Under 10 loans | 0.0% |
| Martin County, MN | 1 | Under 10 loans | 0.0% |
| Mower County, MN | 1 | Under 10 loans | 0.0% |
| Pope County, MN | 1 | Under 10 loans | 0.0% |
| Red Lake County, MN | 1 | Under 10 loans | 0.0% |
| Washington County, MN | 1 | Under 10 loans | 0.0% |
| Watonwan County, MN | 1 | Under 10 loans | 50.0% |
| Wright County, MN | 1 | Under 10 loans | 0.0% |
| Burnett County, WI | 1 | Under 10 loans | 0.0% |
| Kandiyohi County, MN | 0 | Under 10 loans | Not published |
| Norman County, MN | 0 | Under 10 loans | Not published |
| Wabasha County, MN | 0 | Under 10 loans | 100.0% |
| Madison County, MT | 0 | Under 10 loans | Not published |
| Eau Claire County, WI | 0 | Under 10 loans | Not published |
Get told when this changes
When Park State Bank’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.