The Federal Savings Bank · Wisconsin · 2025

The Federal Savings Bank in Wisconsin: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 321 mortgage applications in Wisconsin in 2025, ranking #113 of 938 lenders active in the state. It originated 44.6% of them and denied 7.2% (13.9% of the applications it decided), against a statewide denial rate of 14.0%.

321Applicationsin WI
13.9%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$285,000Median loanstate $165,000
$45MVolume55 counties

The Federal Savings Bank in Wisconsin vs the state

7.2%Denial rate-6.84 pts vs state
13.9%Decision denial rate-2.50 pts vs state
44.6%Origination rate-23.60 pts vs state
6.50%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.31 pts vs state
$90kMedian applicant income
143Loans originated
23Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232175712.0%6.63%#124
2024204795.9%6.50%#140
20253211437.2%6.50%#113

What The Federal Savings Bank lends in Wisconsin

By loan purpose

Home purchase 62 19% · 9.7% denied
Refinance 38 12% · 7.9% denied
Cash-out refinance 209 65% · 6.2% denied
Home improvement 4 1% · 25.0% denied
Other / HELOC 8 2% · 0.0% denied

By loan type

Conventional 71 22% · 7.0% denied
FHA 37 12% · 8.1% denied
VA 213 66% · 7.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 7 30%
Collateral 5 22%
Credit history 3 13%
Other 3 13%
Incomplete application 3 13%
Unverifiable information 1 4%
Insufficient cash 1 4%

Where in Wisconsin

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 43242 4.7%
Racine County 37215 13.5%
Dane County 1551 6.7%
Kenosha County 1490 0.0%
Brown County 1472 14.3%
Waukesha County 1360 0.0%
St. Croix County 1221 8.3%
Washington County 1230 0.0%
Rock County 1271 8.3%
Walworth County 1060 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 321 applications in 2025, of which 143 were originated and 23 denied.

7.2% of all applications, or 13.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans The Federal Savings Bank originated in Wisconsin 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 Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology