PlainLender

Russell Country FCU

Great Falls, MT

Russell Country FCU processed 118 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 52 loans with a 13.6% denial rate. Refinancing was the primary loan purpose. Based in Great Falls, MT. The approval rate of 44.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Russell Country FCU processed 118 HMDA-reported mortgage applications in 2024, originating 52 loans and denying 16 for a denial rate of 13.6% (applicants themselves withdrew 50 files before a decision). The average loan amount was $121,780 at a 6.913% average note rate, and applicants self-reported an average income of $39,000. The lender reports under LEI 549300ZBJ7X2KWFZ7A33 from Great Falls, MT.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Russell Country FCU's 44.1% origination rate tells you how often an application turned into funded money; the 13.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (108 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.

118
Applications
52
Originated
13.6%
Denial Rate
$121,780
Avg Loan Amount
Avg Interest Rate: 6.913% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 108 52 16 $116,852
FHA 5 0 0 $165,000
VA 4 0 0 $192,500
USDA 1 0 0 $155,000

Top loan types — Russell Country FCU

Top loan types — Russell Country FCU Horizontal bar chart of the top 4 items by value (applications). Top loan types — Russell Country FCU Top 4 1. Conventional 108 2. FHA 5 3. VA 4 4. USDA 1 Top 5 loan types by application volume at Russell Country FCU (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Russell Country FCU (LEI: 549300ZBJ7X2KWFZ7A33) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
10
Debt-to-income ratio
5
Other
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 41 23 $107,195
Other 40 24 $78,000
Home Purchase 29 2 $195,000
Cash-out Refinancing 6 3 $178,333
Home Improvement 2 0 $65,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 110 45.5% 13.6%
American Indian or Alaska Native 2 50.0% 50.0%
Joint 2 50.0% 0.0%

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 107 45.8% 14.0%
Joint 5 40.0% 20.0%
Hispanic or Latino 1 100.0% 0.0%

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 Russell Country FCU vs Glacier Bank →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Russell Country FCU process?
Russell Country FCU processed 118 mortgage applications in the 2023 HMDA reporting year. Of these, 52 were originated (approved and funded), 50 were withdrawn by the applicant, and 16 were denied.
What is Russell Country FCU's mortgage approval rate?
Russell Country FCU has an approval (origination) rate of 44.1%, meaning 44.1% of all applications resulted in a funded mortgage. The denial rate is 13.6%.
What is the average loan amount at Russell Country FCU?
The average mortgage loan amount at Russell Country FCU is $121,780. The average interest rate is 6.913%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at Russell Country FCU?
The most common reasons for mortgage denial at Russell Country FCU are: Credit history, Debt-to-income ratio, Other. In total, 16 applications were denied out of 118 total applications.
What types of mortgage loans does Russell Country FCU offer?
Russell Country FCU processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 108 applications and an average loan amount of $116,852.
What loan purposes does Russell Country FCU serve?
Russell Country FCU serves the following loan purposes: Refinancing (41 applications), Other (40 applications), Home Purchase (29 applications), Cash-out Refinancing (6 applications), Home Improvement (2 applications). Refinancing is the most common purpose.
Where is Russell Country FCU located?
Russell Country FCU is headquartered in Great Falls, MT. The lender is identified by LEI 549300ZBJ7X2KWFZ7A33 in HMDA data.
How does Russell Country FCU compare in lending across racial demographics?
Russell Country FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 45.5% and denial rate of 13.6%; American Indian or Alaska Native applicants have an approval rate of 50.0% and denial rate of 50.0%; Joint applicants have an approval rate of 50.0% and denial rate of 0.0%. 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.