Security Federal Savings Bank in Indiana vs the state
7.1%Denial rate-9.50 pts vs state
7.5%Decision denial rate-12.65 pts vs state
84.9%Origination rate+22.64 pts vs state
6.56%Median rate-0.19 pts vs state
0.48Rate spread (pts)+0.11 pts vs state
$76kMedian applicant income
444Loans originated
37Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 273 | 222 | 9.2% | 6.88% | #147 |
| 2024 | 293 | 253 | 6.5% | 6.75% | #144 |
| 2025 | 523 | 444 | 7.1% | 6.56% | #113 |
What Security Federal Savings Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Security Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 219 | 190 | 12 | 5.5% |
| Tippecanoe County | 123 | 105 | 9 | 7.3% |
| Carroll County | 33 | 26 | 3 | 9.1% |
| Howard County | 30 | 26 | 2 | 6.7% |
| Clinton County | 16 | 16 | 0 | 0.0% |
| Miami County | 15 | 14 | 0 | 0.0% |
| Hamilton County | 15 | 13 | 0 | 0.0% |
| White County | 12 | 9 | 3 | 25.0% |
| Montgomery County | 7 | 6 | 1 | 14.3% |
| Boone County | 7 | 5 | 1 | 14.3% |
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: 523 applications in 2025, of which 444 were originated and 37 denied.
7.1% of all applications, or 7.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Security Federal Savings Bank originated in Indiana in 2025 was 6.56%, against a statewide median of 6.75%.
About this data. Figures are Security 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