The Savings Bank in Massachusetts vs the state
4.0%Denial rate-12.19 pts vs state
4.7%Decision denial rate-15.22 pts vs state
79.3%Origination rate+16.71 pts vs state
—Median rate
—Rate spread (pts)
$200kMedian applicant income
138Loans originated
7Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 203 | 157 | 7.9% | — | #154 |
| 2024 | 191 | 157 | 3.7% | — | #157 |
| 2025 | 174 | 138 | 4.0% | — | #181 |
What The Savings Bank lends in Massachusetts
By loan purpose
By loan type
Where in Massachusetts
Counties with the most The Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 86 | 66 | 4 | 4.7% |
| Essex County | 60 | 50 | 3 | 5.0% |
| Norfolk County | 12 | 9 | 0 | 0.0% |
| Worcester County | 9 | 7 | 0 | 0.0% |
| Suffolk County | 6 | 5 | 0 | 0.0% |
| Plymouth County | 1 | 1 | 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: 174 applications in 2025, of which 138 were originated and 7 denied.
4.0% of all applications, or 4.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are The 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