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SIOUXLAND FEDERAL CREDIT UNION

Credit Union|South Sioux City, NE|Regional
Loans Originated
114
Applications
159
Volume
$19 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
-0.058%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,571
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance

Things to Think About

  • Pricing may be below industry average

Report Card

SIOUXLAND FEDERAL CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundRegional · 2 metro areas · 4 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$173,947
Average Borrower Income
$101,702
Average Property Value
$280,877

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Acceptable
Strong
11399.1%-0.058%$1,571

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Acceptable
Strong
5043.9%-0.062%$2,307
Refinance
Sound
Strong
Acceptable
Strong
6456.1%-0.054%$984

Geographic Coverage

Metro Areas
1
States Served
4
We count Washington DC as a state
Avg Place Specialization
Exceptional

States with Loan Originations

AZIANESD

Top Metro Areas by Place Specialization Score

1
Sioux City, IAMSA
Volume: 101Mix: 88.60%
Place Specialization
Exceptional

Top States by Place Specialization Score

1
IAState
Volume: 64Mix: 56.14%
Place Specialization
Strong
2
NEState
Volume: 31Mix: 27.19%
Place Specialization
Sound
3
SDState
Volume: 18Mix: 15.79%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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