North Liberty, IA · Credit union · NCUA · $11.2 billion assets · 15,699 loans in 2025
15,699
loans originated, 2025
21,762
applications, 2025
41
states and territories
2
gaps bigger than at similar lenders
How to read this section
For Black, Hispanic and Asian applicants, we look at how much more often GreenState Credit Union turns them down than White
applicants: the gap. Then we compare that gap with the gap at similar lenders, for similar applications: the same
income, loan size, debt-to-income range, loan-to-value, loan type, kind of property and place.
"Bigger gap" means we are at least 99% sure the gap is bigger than at similar lenders. That is a reason to look
closer, not proof of discrimination. The public data has no credit scores and none of the documents a lender
reviews, and the kind of loans a lender makes can widen a gap for good reasons. Each result below gives the numbers
and the explanations they allow.
FIG. 1 — GAPS AGAINST SIMILAR LENDERS
GreenState Credit Union's gap is bigger than at similar lenders for Hispanic purchase and Black purchase applicants.
Each dot compares GreenState Credit Union's gap with the gap at similar lenders: at 1x they are the same, at 2x its gap is twice as large. A gap is how much more likely the group is to be turned down than White applicants. The line around each dot shows the range the true value probably lies in (95%). Amber: groups where we are at least 99% sure the gap is bigger.
SOURCE: FFIEC HMDA 2025; JENNER ANALYTICS NATIONAL DENIAL MODEL
Hispanic purchase
GreenState Credit Union's gap for Hispanic purchase applicants is bigger than at similar lenders.
How sure we are that the gap is bigger than at similar lenders: 99.8%.
Of the purchase applications it decided in 2025, it turned down 15% of 1,229 from Hispanic applicants and 9% of 5,711 from White applicants. The most common reason: poor credit history, given for 41% of the Hispanic applicants turned down and 45% of the White applicants turned down.
GreenState is an Iowa credit union. Credit history and too much debt for the income are the main reasons for both groups, in similar shares.
The public data has no credit scores, savings or full credit histories, so our comparison cannot allow for them. A difference in them between the groups applying would produce a gap like this one.
Black purchase
GreenState Credit Union's gap for Black purchase applicants is bigger than at similar lenders.
How sure we are that the gap is bigger than at similar lenders: 99.9%.
Of the purchase applications it decided in 2025, it turned down 28% of 380 from Black applicants and 9% of 5,711 from White applicants. The most common reason: poor credit history, given for 56% of the Black applicants turned down and 45% of the White applicants turned down.
Poor credit history is given more often for Black purchase applicants: for 56% of those turned down, against 45% of White applicants. The result rests on 380 Black applicants.
The public data has no credit scores, savings or full credit histories, so our comparison cannot allow for them. A difference in them between the groups applying would produce a gap like this one.
FIG. 2 — REASONS FOR TURNING APPLICANTS DOWN, 2025
Why applications were turned down, beside White applicants at the same lender.
Each bar is 100% of the applications the lender decided for that group; the coloured part was turned down, split by the main reason the lender gave, and the rest were approved. Applications the applicant withdrew are not counted.
SOURCE: FFIEC HMDA 2025, FIRST REASON GIVEN
Applicants
Turned down: group
Turned down: White
How sure the gap is bigger
Result
Hispanic purchase
15%
9%
99.8%
Bigger gap than at similar lenders
Hispanic refinance
19%
8%
93.9%
Not clearly bigger
Black purchase
28%
9%
99.9%
Bigger gap than at similar lenders
Asian purchase
11%
9%
64.9%
Not clearly bigger
"How sure the gap is bigger": how sure we are that the lender's gap is bigger than at similar lenders. We call it bigger at 99% or more.
Not tested, too few applications: Black refinance, Asian refinance. A test needs, for that loan purpose, at least 100 decided applications from the group and from White applicants, with at least 20 of each turned down and 20 approved.