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Park Side Credit Union

Whitefish, MT

Park Side Credit Union processed 82 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 31 loans with a 37.8% denial rate. Home Purchase was the primary loan purpose. Based in Whitefish, MT. The approval rate of 37.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Park Side Credit Union's 37.8% origination rate tells you how often an application turned into funded money; the 37.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Unverifiable information, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (80 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

82
Applications
31
Originated
37.8%
Denial Rate
$292,805
Avg Loan Amount
Avg Interest Rate: 6.742% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 80 29 31 $291,750
VA 2 2 0 $335,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Park Side Credit Union (LEI: 549300QFE7UAEZ8Q4U55) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
11
Unverifiable information
11
Other
7
Credit history
6
Insufficient cash
5
Credit application incomplete
4
Employment history
2
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 42 8 $330,238
Refinancing 22 11 $273,636
Cash-out Refinancing 18 12 $228,889

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 70 41.4% 35.7%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 67 41.8% 34.3%

Nearby Lenders in MT

Other HMDA-reporting lenders in MT with similar activity. Compare any two side-by-side.

Glacier Bank

Kalispell, MT

7,296 apps 4,434 originated 16.5% denied

First Interstate Bank

Billings, MT

4,267 apps 2,414 originated 27.5% denied

Stockman Bank of Montana

Miles City, MT

2,613 apps 2,011 originated 5.7% denied

Opportunity Bank of Montana

HELENA, MT

1,537 apps 1,062 originated 8.7% denied

Altana Federal Credit Union

Billings, MT

547 apps 423 originated 15.2% denied
Compare Park Side Credit Union vs Glacier Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Park Side Credit Union process?
Park Side Credit Union processed 82 mortgage applications in the 2024 HMDA reporting year. Of these, 31 were originated (approved and funded), 16 were withdrawn by the applicant, and 31 were denied.
What is Park Side Credit Union's mortgage approval rate?
Park Side Credit Union has an approval (origination) rate of 37.8%, meaning 37.8% of all applications resulted in a funded mortgage. The denial rate is 37.8%.
What is the average loan amount at Park Side Credit Union?
The average mortgage loan amount at Park Side Credit Union is $292,805. The average interest rate is 6.742%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Park Side Credit Union?
The most common reasons for mortgage denial at Park Side Credit Union are: Debt-to-income ratio, Unverifiable information, Other. In total, 31 applications were denied out of 82 total applications.
What types of mortgage loans does Park Side Credit Union offer?
Park Side Credit Union processes Conventional, VA loans. The most common type is Conventional with 80 applications and an average loan amount of $291,750.
What loan purposes does Park Side Credit Union serve?
Park Side Credit Union serves the following loan purposes: Home Purchase (42 applications), Refinancing (22 applications), Cash-out Refinancing (18 applications). Home Purchase is the most common purpose.
Where is Park Side Credit Union located?
Park Side Credit Union is headquartered in Whitefish, MT. The lender is identified by LEI 549300QFE7UAEZ8Q4U55 in HMDA data.
How does Park Side Credit Union compare in lending across racial demographics?
Park Side Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 41.4% and denial rate of 35.7%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.