Citizens State Bank Mortgage Rates, Fees & Info
Cadott, WILEI: 254900JU2DYRJVDHMG47
Tax ID: 39-0210140
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Citizens State Bank is a smaller bank specializing in Home Purchase loans. Citizens State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Eau Claire, Minneapolis, La Crosse, and Menomonie among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens State Bank 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.
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.
Originations
119Origination Dollar Volume (All Markets)
$26,825,000Top 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 |
|---|---|---|---|---|---|
| EAU CLAIRE, WI (FHA|USDA|VA) | 103 | $21,075,000 | $204,612 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $2,580,000 | $1,290,000 | $0 | 0.00% |
| Outside of Metro Areas | 12 | $2,540,000 | $211,667 | $0 | 0.00% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Citizens State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 84
Similarity Rank: 108
Similarity Rank: 165
Similarity Rank: 171
Similarity Rank: 209
Similarity Rank: 351
Similarity Rank: 360
Similarity Rank: 525
Similarity Rank: 638
Similarity Rank: 1517
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 119 | $26,825,000 | $225,420 | $0 | 0.00% |
For 2022, Citizens State Bank's most frequently originated type of loan was Conventional, with 119 originations.
Loan Reason
For 2022, Citizens State Bank's most frequently cited loan purpose was Home Purchase, with 80 originations. The 2nd most popular reason was Refi, with 14 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 119 | $26,825,000 | $225,420 | $0 | 0.00% |
For 2022, Citizens State Bank's most frequently cited loan duration was Other, with 119 originations.
Loan Sizing
2022 saw Citizens State Bank place emphasis on $100k-200k loans with 54 originations, totaling $7,980,000 in origination value.
Applicant Income
Citizens State Bank lent most frequently to those with incomes in the $75k-100k range, with 29 originations. The second most popular income band? $100k-150k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 119 | $26,825,000 | $225,420 | $0 | 0.00% |
Citizens State Bank lent most frequently to those with DTI ratios of Exempt%, with 119 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 97 | $17,155,000 | $176,856 | $0 | 0.00% |
| Not applicable | 22 | $9,670,000 | $439,545 | $0 | 0.00% |
Approval Rates
Total approvals of all applications90.79%
Citizens State Bank has an average approval rate.
Pick Rate
Approvals leading to origination84.03%
Citizens State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 119 | $26,825,000 | $225,420 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Closing on a mortgage | 1 | 10.0% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Struggling to pay mortgage | 3 | 30.0% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Trouble during payment process | 4 | 40.0% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 10.0% |
| CITIZENS FINANCIAL GROUP, INC. | VA mortgage | Trouble during payment process | 1 | 10.0% |