First Savings Bank in Michigan vs the state
15.4%Denial rate-3.14 pts vs state
19.1%Decision denial rate-3.53 pts vs state
61.5%Origination rate+1.65 pts vs state
7.63%Median rate+0.88 pts vs state
0.33Rate spread (pts)-0.07 pts vs state
$121kMedian applicant income
16Loans originated
4Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 174 | 115 | 5.8% | 6.88% | #195 |
| 2024 | 32 | 14 | 34.4% | 7.38% | #382 |
| 2025 | 26 | 16 | 15.4% | 7.63% | #402 |
What First Savings Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most First Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 4 | 3 | 0 | 0.0% |
| Wayne County | 4 | 2 | 0 | 0.0% |
| Ottawa County | 3 | 2 | 1 | 33.3% |
| Macomb County | 3 | 1 | 1 | 33.3% |
| Kent County | 2 | 1 | 1 | 50.0% |
| Midland County | 2 | 0 | 0 | 0.0% |
| Washtenaw County | 2 | 2 | 0 | 0.0% |
| Manistee County | 1 | 1 | 0 | 0.0% |
| Ingham County | 1 | 1 | 0 | 0.0% |
| Allegan County | 1 | 0 | 1 | 100.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 26 applications in 2025, of which 16 were originated and 4 denied.
15.4% of all applications, or 19.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans First Savings Bank originated in Michigan in 2025 was 7.63%, against a statewide median of 6.75%.
About this data. Figures are First Savings Bank's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology