Farmers and Mechanics Federal Savings Bank in Indiana vs the state
12.5%Denial rate-4.07 pts vs state
12.8%Decision denial rate-7.30 pts vs state
63.4%Origination rate+1.14 pts vs state
—Median rate
—Rate spread (pts)
$83kMedian applicant income
71Loans originated
14Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 64 | 38 | 15.6% | 7.25% | #297 |
| 2024 | 83 | 47 | 28.9% | 6.75% | #280 |
| 2025 | 112 | 71 | 12.5% | — | #257 |
What Farmers and Mechanics Federal Savings Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Farmers and Mechanics Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Greene County | 49 | 37 | 6 | 12.2% |
| Monroe County | 30 | 20 | 3 | 10.0% |
| Owen County | 10 | 5 | 2 | 20.0% |
| Lawrence County | 4 | 1 | 1 | 25.0% |
| Clay County | 4 | 3 | 0 | 0.0% |
| Brown County | 3 | 1 | 0 | 0.0% |
| Morgan County | 2 | 2 | 0 | 0.0% |
| Johnson County | 1 | 0 | 1 | 100.0% |
| Martin County | 1 | 0 | 1 | 100.0% |
| Knox County | 1 | 1 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 112 applications in 2025, of which 71 were originated and 14 denied.
12.5% of all applications, or 12.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Farmers and Mechanics Federal Savings Bank's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology