The Federal Savings Bank in Alabama vs the state
10.2%Denial rate-9.65 pts vs state
24.2%Decision denial rate-0.81 pts vs state
30.4%Origination rate-25.00 pts vs state
6.50%Median rate0.00 pts vs state
0.31Rate spread (pts)+0.02 pts vs state
$85kMedian applicant income
134Loans originated
45Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 406 | 149 | 8.9% | 6.63% | #85 |
| 2024 | 386 | 127 | 8.0% | 6.50% | #91 |
| 2025 | 441 | 134 | 10.2% | 6.50% | #92 |
What The Federal Savings Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most The Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 55 | 23 | 4 | 7.3% |
| Jefferson County | 44 | 8 | 5 | 11.4% |
| Baldwin County | 32 | 7 | 3 | 9.4% |
| Montgomery County | 26 | 6 | 3 | 11.5% |
| Mobile County | 24 | 3 | 2 | 8.3% |
| St. Clair County | 19 | 11 | 3 | 15.8% |
| Limestone County | 18 | 4 | 2 | 11.1% |
| Houston County | 18 | 2 | 2 | 11.1% |
| Shelby County | 16 | 5 | 0 | 0.0% |
| Calhoun County | 14 | 6 | 1 | 7.1% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 441 applications in 2025, of which 134 were originated and 45 denied.
10.2% of all applications, or 24.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans The Federal Savings Bank originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are The Federal Savings Bank's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology