Citizens Bank in Vermont vs the state
38.9%Denial rate+24.04 pts vs state
43.6%Decision denial rate+25.48 pts vs state
48.1%Origination rate-16.81 pts vs state
7.65%Median rate+0.95 pts vs state
0.36Rate spread (pts)+0.23 pts vs state
$105kMedian applicant income
397Loans originated
321Denied
Trend in Vermont
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 680 | 330 | 39.0% | 8.25% | #6 |
| 2024 | 635 | 295 | 40.5% | 8.90% | #7 |
| 2025 | 826 | 397 | 38.9% | 7.65% | #5 |
What Citizens Bank lends in Vermont
By loan purpose
By loan type
Why it denied Vermont applicants
Where in Vermont
Counties with the most Citizens Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chittenden County | 207 | 115 | 63 | 30.4% |
| Windsor County | 121 | 62 | 44 | 36.4% |
| Rutland County | 111 | 47 | 46 | 41.4% |
| Windham County | 60 | 25 | 29 | 48.3% |
| Franklin County | 60 | 17 | 32 | 53.3% |
| Washington County | 55 | 27 | 22 | 40.0% |
| Bennington County | 55 | 29 | 23 | 41.8% |
| Addison County | 36 | 20 | 12 | 33.3% |
| Lamoille County | 36 | 15 | 18 | 50.0% |
| Orange County | 32 | 17 | 13 | 40.6% |
Other large lenders in Vermont
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Eastrise Federal Credit Union | A | 3,529 | 5.1% | 6.50% |
| Rocket Mortgage | C | 1,165 | 22.0% | 6.75% |
| North Country | C | 1,135 | 9.5% | 7.25% |
| Vermont Federal Credit Union | A | 1,003 | 12.0% | 6.75% |
| Emm Loans | B | 761 | 1.5% | 6.63% |
| Mascoma Bank | B | 717 | 16.5% | 6.75% |
| Union Bank | B | 641 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 617 | 30.8% | 5.99% |
| Community Bank | D | 607 | 13.3% | 7.00% |
| Northeast Home Loan | A | 524 | 2.1% | 6.50% |
Frequently asked questions
Vermont: 826 applications in 2025, of which 397 were originated and 321 denied.
38.9% of all applications, or 43.6% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.
The median rate on loans Citizens Bank originated in Vermont in 2025 was 7.65%, against a statewide median of 6.71%.
About this data. Figures are Citizens Bank's own HMDA filing for properties located in Vermont, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology