Wnb Financial N.a. Mortgage Rates, Fees & Info
Winona, MNLEI: 25490099UNYWX2PZ4J91
Tax ID: 41-0616710
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
Wnb Financial N.a. is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Wnb Financial N.a. has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Winona, La Crosse, Rochester, Eau Claire, and Minneapolis among others. We have data for 36 markets. (Some data included below & more in-depth data is available with an active subscription.)Wnb Financial N.a. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Wnb Financial N.a. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.64% | 12/16/24 |
| 30 Year Conventional Refi | 6.79% | 12/16/24 |
| 30 Year Cash-out Refi | 6.76% | 12/16/24 |
| 15 Year Conventional Purchase | 5.75% | 12/16/24 |
| 15 Year Conventional Refi | 5.76% | 12/16/24 |
| 15 Year Cash-out Refi | 5.76% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Wnb Financial N.a. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Wnb Financial N.a.. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
539Origination Dollar Volume (All Markets)
$111,245,000Employee count
96Awards
WNB Financial N.A. - 2021
WNB Financial N.A. is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for WNB Financial N.A.?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Winona, MN (FHA|USDA|VA) | 189 | $33,835,000 | $179,021 | $3,255 | 3.09% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 76 | $15,970,000 | $210,132 | $2,665 | 3.37% |
| Outside of Metro Areas | 66 | $15,180,000 | $230,000 | $3,213 | 3.18% |
| ROCHESTER, MN (FHA|USDA|VA) | 70 | $12,620,000 | $180,286 | $3,541 | 2.86% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 60 | $12,400,000 | $206,667 | $3,215 | 3.07% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 26 | $6,340,000 | $243,846 | $4,350 | 3.12% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $2,650,000 | $662,500 | $5,510 | 2.44% |
| Menomonie, WI (FHA|USDA|VA) | 7 | $1,945,000 | $277,857 | $2,433 | 3.36% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $1,095,000 | $219,000 | $3,316 | 2.80% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $4,224 | 3.47% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $7,301 | 3.00% |
| Baraboo, WI (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $0 | 3.80% |
| Spearfish, SD (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,191 | 3.57% |
| Red Wing, MN (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $4,408 | 3.38% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $10,527 | 2.88% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 3.67% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,576 | 3.06% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,217 | 2.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 4.16% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,900 | 3.38% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,924 | 2.50% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,990 | 2.50% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 4.33% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,716 | 2.75% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,257 | 3.25% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,388 | 2.88% |
| Austin, MN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,781 | 2.63% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,958 | 3.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,139 | 2.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,443 | 3.38% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,710 | 3.38% |
| Albert Lea, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,277 | 2.13% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,641 | 3.00% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,909 | 2.25% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,713 | 2.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against WNB Financial N.A. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 88
Similarity Rank: 125
Similarity Rank: 240
Similarity Rank: 400
Similarity Rank: 483
Similarity Rank: 765
Similarity Rank: 812
Similarity Rank: 864
Similarity Rank: 882
Similarity Rank: 987
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 535 | $110,745,000 | $207,000 | $3,331 | 3.11% |
| USDA | 3 | $415,000 | $138,333 | $4,822 | 3.13% |
| HELOC | 1 | $85,000 | $85,000 | n/a | 3.75% |
For 2021, Wnb Financial N.a.'s most frequently originated type of loan was Conventional, with 535 originations. Their 2nd most popular type was USDA, with 3 originations.
Loan Reason
For 2021, Wnb Financial N.a.'s most frequently cited loan purpose was Home Purchase, with 233 originations. The 2nd most popular reason was Refi, with 170 originations.
Loan Duration/Length
For 2021, Wnb Financial N.a.'s most frequently cited loan duration was 30 Year, with 224 originations. The 2nd most popular length was 15 Year, with 114 originations.
Origination Fees/Closing Costs
Wnb Financial N.a.'s average total fees were $3,411, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 154 originations.
Interest Rates
During 2021, Wnb Financial N.a.'s average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 2.5-3%, with 187 originations.
Loan Sizing
2021 saw Wnb Financial N.a. place emphasis on $100k-200k loans with 256 originations, totaling $37,540,000 in origination value.
Applicant Income
Wnb Financial N.a. lent most frequently to those with incomes in the $50k or less range, with 100 originations. The second most popular income band? $50k-75k, with 99 originations.
Applicant Debt to Income Ratio
Wnb Financial N.a. lent most frequently to those with DTI ratios of 20-30%, with 129 originations. The next most common DTI ratio? 30-36%, with 73 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.39%
Wnb Financial N.a. has an average approval rate.
Pick Rate
Approvals leading to origination87.57%
Wnb Financial N.a. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 539 | $111,245,000 | $206,391 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Wnb Financial, N.A. | 111 West Main Street Wabasha, MN 55981 | Full Service B&M | $139,605 |
| Wnb Financial, N.A. | 1160 Blazing Star Blvd Altoona, WI 54720 | Full Service B&M | $5,880 |
| Wnb Financial, N.A. | 1491 West Broadway Winona, MN 55987 | Full Service B&M | $76,838 |
| Wnb Financial, N.A. | 204 Main Street Winona, MN 55987 | Full Service B&M | $232,434 |
| Wnb Financial, N.A. | 501 Empire Street Holmen, WI 55987 | Full Service B&M | $1,780 |
| Wnb Financial, N.A. | 840 Mankato Avenue Winona, MN 55987 | Full Service B&M | $26,525 |
| Wnb Financial, N.A. | Dodge And Belvidere Kellogg, MN 55945 | Limited, Drive-thru | $0 |
For 2021, Wnb Financial N.a. had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $16,950 |
| Net interest income | $15,633 |
| Total noninterest income | $6,728 |
| Gross Fiduciary activities income | $1,591 |
| Service charges on deposit accounts | $395 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $4,742 |
| Pre-tax net operating income | $7,849 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $7,849 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $7,849 |
| Minority interest net income | $0 |
| Net income | $7,849 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $7,849 |
Wnb Financial N.a.'s gross interest income from loans was $16,950,000.
Wnb Financial N.a.'s net interest income from loans was $15,633,000.
Wnb Financial N.a.'s fee based income from loans was $395,000.
Wnb Financial N.a.'s net income from loans was $7,849,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,317 |
| Provision for credit losses | $200 |
| Total noninterest expense | $14,312 |
| Salaries and employee benefits | $8,052 |
| Premises and equipment expense | $1,317 |
| Additional noninterest expense | $4,943 |
| Applicable income taxes | $0 |
| Net charge-offs | $6 |
| Cash dividends | $5,070 |
Wnb Financial N.a.'s interest expense for loans was $1,317,000.
Wnb Financial N.a.'s payroll and benefits expense were $8,052,000.
Wnb Financial N.a.'s property, plant and equipment expenses $1,317,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $516,078 |
| Deposits held in domestic offices | $516,078 |
| Deposits by Individuals, partnerships, and corporations | $445,251 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $70,082 |
| Deposits by Commercial banks and other depository institutions in U.S. | $745 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $81,932 |
| Demand deposits | $23,007 |
| Nontransaction accounts | $434,146 |
| Money market deposit accounts (MMDAs) | $151,187 |
| Other savings deposits (excluding MMDAs) | $216,085 |
| Total time deposits | $66,875 |
| Total time and savings deposits | $493,071 |
| Noninterest-bearing deposits | $106,155 |
| Interest-bearing deposits | $409,923 |
| Retail deposits | $501,374 |
| IRAs and Keogh plan accounts | $16,025 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $580,393 |
| Cash & Balances due from depository institutions | $71,136 |
| Interest-bearing balances | $67,864 |
| Total securities | $203,918 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $272,827 |
| Loan and leases loss allowance | $3,992 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $9,955 |
| Other real estate owned | $12 |
| Goodwill and other intangibles | $12,513 |
| All other assets | $10,032 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $580,393 |
| Total Liabilities | $518,555 |
| Total deposits | $516,078 |
| Interest-bearing deposits | $409,923 |
| Deposits held in domestic offices | $516,078 |
| % insured (estimated) | $81 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $2,477 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $272,827 |
| Loan and leases loss allowance | $3,992 |
| Total loans and leases (domestic) | $276,819 |
| All real estate loans | $232,674 |
| Real estate loans in domestic offices | $232,674 |
| Construction and development loans | $15,595 |
| Residential 1-4 family construction | $3,631 |
| Other construction, all land development and other land | $11,964 |
| Loans secured by nonfarm nonresidential properties | $108,057 |
| Nonfarm nonresidential secured by owner-occupied properties | $55,889 |
| Commercial real estate & other non-farm, non-residential | $52,168 |
| Multifamily residential real estate | $18,078 |
| 1-4 family residential loans | $86,638 |
| Farmland loans | $4,306 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,118 |
| Commercial and industrial loans | $34,889 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,305 |
| Credit card loans | $0 |
| Related Plans | $201 |
| Consumer Auto Loans | $1,861 |
| Other loans to individuals | $5,243 |
| All other loans & leases | $1,719 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $29 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $1,059 |
| Non 1-4 family restructured loans & leases | $579 |
| Total loans and leases (foreign) | $0 |
WNB Financial N.A. had $272,827,000 of loans outstanding in 2021. $232,674,000 of loans were in real estate loans. $15,595,000 of loans were in development loans. $18,078,000 of loans were in multifamily mortgage loans. $86,638,000 of loans were in 1-4 family mortgage loans. $1,118,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,861,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 214 | $49,052 | $229,215 |
| Nonfarm, nonresidential loans - <$100k | 47 | $2,086 | $44,383 |
| Nonfarm, nonresidential loans - $100-250k | 68 | $9,139 | $134,397 |
| Nonfarm, nonresidential loans - $250k-1MM | 99 | $37,827 | $382,091 |
| Commercial & Industrial, US addressed loans - <$1MM | 286 | $23,262 | $81,336 |
| Commercial & Industrial, US addressed loans - <$100k | 164 | $3,335 | $20,335 |
| Commercial & Industrial, US addressed loans - $100-250k | 72 | $5,821 | $80,847 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 50 | $14,106 | $282,120 |
| Farmland loans - <$1MM | 28 | $3,287 | $117,393 |
| Farmland loans - <$100k | 13 | $494 | $38,000 |
| Farmland loans - $100-250k | 10 | $1,460 | $146,000 |
| Farmland loans - $250k-1MM | 5 | $1,333 | $266,600 |
| Agriculture operations loans - <$1MM | 14 | $608 | $43,429 |
| Agriculture operations loans - <$100k | 12 | $367 | $30,583 |
| Agriculture operations loans - $100-250k | 2 | $241 | $120,500 |