bankESB in Rhode Island vs the state
4.4%Denial rate-14.35 pts vs state
5.0%Decision denial rate-18.17 pts vs state
79.7%Origination rate+19.96 pts vs state
6.13%Median rate-0.63 pts vs state
-0.11Rate spread (pts)-0.29 pts vs state
$180kMedian applicant income
55Loans originated
3Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 54 | 11.4% | 6.25% | #76 |
| 2024 | 90 | 68 | 8.9% | 6.63% | #68 |
| 2025 | 69 | 55 | 4.4% | 6.13% | #80 |
What bankESB lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most bankESB applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Newport County | 36 | 31 | 1 | 2.8% |
| Providence County | 18 | 13 | 2 | 11.1% |
| Kent County | 7 | 5 | 0 | 0.0% |
| Bristol County | 4 | 4 | 0 | 0.0% |
| Washington County | 4 | 2 | 0 | 0.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 69 applications in 2025, of which 55 were originated and 3 denied.
4.4% of all applications, or 5.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans bankESB originated in Rhode Island in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are bankESB's own HMDA filing for properties located in Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology