The Federal Savings Bank in Massachusetts vs the state
9.4%Denial rate-6.81 pts vs state
20.4%Decision denial rate+0.42 pts vs state
35.6%Origination rate-26.99 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)+0.08 pts vs state
$102kMedian applicant income
125Loans originated
33Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 453 | 146 | 11.3% | 6.63% | #90 |
| 2024 | 361 | 119 | 10.0% | 6.50% | #99 |
| 2025 | 351 | 125 | 9.4% | 6.50% | #104 |
What The Federal Savings Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most The Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 70 | 23 | 6 | 8.6% |
| Plymouth County | 51 | 19 | 4 | 7.8% |
| Bristol County | 44 | 21 | 3 | 6.8% |
| Hampden County | 41 | 12 | 4 | 9.8% |
| Essex County | 34 | 10 | 6 | 17.6% |
| Middlesex County | 34 | 14 | 2 | 5.9% |
| Norfolk County | 25 | 9 | 4 | 16.0% |
| Suffolk County | 19 | 7 | 2 | 10.5% |
| Barnstable County | 18 | 6 | 0 | 0.0% |
| Berkshire County | 7 | 3 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 351 applications in 2025, of which 125 were originated and 33 denied.
9.4% of all applications, or 20.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans The Federal Savings Bank originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are The Federal Savings Bank's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology