Citizens State Bank Of La Crosse Mortgage Rates, Fees & Info

La Crosse, WI

LEI: 5493008L7BNNEPSS6V79

Tax ID: 39-0210160

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Citizens State Bank Of La Crosse is a smaller bank specializing in Home Purchase and Refi loans. Citizens State Bank Of La Crosse has a high proportion of conventional loans. Their top markets by origination volume include: La Crosse, Eau Claire, Winona, Minneapolis, and Denver among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens State Bank Of La Crosse 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. Citizens State Bank Of La Crosse 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.03% 4/21/24
    30 Year Conventional Refi 6.55% 4/21/24
    30 Year Cash-out Refi 6.94% 4/21/24
    15 Year Conventional Purchase 5.79% 4/21/24
    15 Year Conventional Refi 6.99% 4/21/24
    15 Year Cash-out Refi 6.99% 4/21/24
    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.

    Citizens State Bank Of La Crosse Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Citizens State Bank Of La Crosse. 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

    285

    Origination Dollar Volume (All Markets)

    $69,575,000

    Employee count

    68

    Awards

    Citizens State Bank of La Crosse 30 Year Conventional Loans gold Citizens State Bank of La Crosse 30 Year Conventional Loans silver
    Show all (2) awards

    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
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 161 $39,585,000 $245,870 $2,177 5.04%
    EAU CLAIRE, WI (FHA|USDA|VA) 45 $11,965,000 $265,889 $2,167 5.05%
    Outside of Metro Areas 41 $9,605,000 $234,268 $1,917 5.01%
    Winona, MN (FHA|USDA|VA) 12 $3,100,000 $258,333 $2,109 5.25%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $1,735,000 $192,778 $2,284 5.85%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,195,000 $398,333 $4,601 4.25%
    ROCHESTER, MN (FHA|USDA|VA) 4 $730,000 $182,500 $2,249 4.88%
    Menomonie, WI (FHA|USDA|VA) 4 $590,000 $147,500 $2,663 4.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.99%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $2,605 4.25%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $225,000 $225,000 $1,950 3.88%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.19%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.74%
    Austin, MN (FHA|USDA|VA) 1 $65,000 $65,000 $1,544 4.25%
    Citizens State Bank Of La Crosse's top markets include La Crosse, Eau Claire, Winona, Minneapolis, and Denver among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens State Bank of La Crosse based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Prevail Bank
    Similarity Rank: 48
    Firefighters Credit Union
    Similarity Rank: 66
    CO-OP Credit Union
    Similarity Rank: 204
    VERVE, A CREDIT UNION
    Similarity Rank: 273
    University of Wisconsin Credit Union
    Similarity Rank: 297
    Citizens State Bank of La Crosse
    Similarity Rank: 714
    ST. CLOUD FINANCIAL
    Similarity Rank: 978
    South Metro Federal Credit Union
    Similarity Rank: 1088
    First National Bank of Elk River
    Similarity Rank: 1110
    IDEAL
    Similarity Rank: 1221

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 285 $69,575,000 $244,123 $2,178 5.05%

    For 2019, Citizens State Bank Of La Crosse's most frequently originated type of loan was Conventional, with 285 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 147 $34,675,000 $235,884 $2,569 5.24%
    Refi 104 $27,930,000 $268,558 $1,988 4.97%
    Cash Out Refi 31 $5,585,000 $180,161 $1,674 4.23%
    Home Improvement 2 $1,240,000 $620,000 $0 6.74%
    Other 1 $145,000 $145,000 $2,136 7.00%

    For 2019, Citizens State Bank Of La Crosse's most frequently cited loan purpose was Home Purchase, with 147 originations. The 2nd most popular reason was Refi, with 104 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 115 $23,675,000 $205,870 $2,202 4.61%
    5 Year 43 $18,405,000 $428,023 $0 5.68%
    3 Year 38 $6,530,000 $171,842 $0 5.65%
    15 Year 34 $6,220,000 $182,941 $2,220 3.81%
    Other 32 $7,370,000 $230,313 $2,299 5.95%
    20 Year 11 $2,515,000 $228,636 $1,774 4.56%
    1 Year 11 $1,495,000 $135,909 $0 6.91%
    10 Year 1 $3,365,000 $3,365,000 $0 4.41%

    For 2019, Citizens State Bank Of La Crosse's most frequently cited loan duration was 30 Year, with 115 originations. The 2nd most popular length was 5 Year, with 43 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 131 $25,895,000 $197,672
    $1k-2k 14 $2,680,000 $191,429
    $2k-3k 8 $1,870,000 $233,750
    $3k-4k 4 $850,000 $212,500
    $4k-5k 2 $620,000 $310,000
    $5k+ 2 $710,000 $355,000

    Citizens State Bank Of La Crosse's average total fees were $2,202, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 131 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 79 $16,315,000 $206,519
    4-5% 77 $23,605,000 $306,558
    5-6% 77 $21,515,000 $279,416
    6-7% 33 $5,695,000 $172,576
    7-8% 16 $1,920,000 $120,000
    Over 8% 2 $140,000 $70,000
    2.5-3% 1 $385,000 $385,000

    During 2019, Citizens State Bank Of La Crosse's average interest rate for loans was 4.61%, while their most frequently originated rate bucket for loans was 3-4%, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 108 $15,330,000 $141,944 $2,036 4.88%
    $200k-400k 76 $20,700,000 $272,368 $2,316 4.67%
    $100,000 or less 69 $4,755,000 $68,913 $1,766 5.80%
    $400k-600k 17 $7,795,000 $458,529 $3,145 4.50%
    $600k-1MM 8 $5,910,000 $738,750 $0 5.46%
    $1MM+ 7 $15,085,000 $2,155,000 $0 5.33%

    2019 saw Citizens State Bank Of La Crosse place emphasis on $100k-200k loans with 108 originations, totaling $15,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 33 $5,195,000 $157,424 $2,058 4.44%
    $100k-150k 28 $5,520,000 $197,143 $2,217 4.46%
    $75k-100k 25 $4,605,000 $184,200 $2,103 4.95%
    $150k-250k 24 $6,130,000 $255,417 $2,394 4.32%
    $50k or less 20 $2,060,000 $103,000 $1,604 4.61%
    $250k+ 13 $4,825,000 $371,154 $3,143 4.26%

    Citizens State Bank Of La Crosse lent most frequently to those with incomes in the $50k-75k range, with 33 originations. The second most popular income band? $100k-150k, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 52 $10,260,000 $197,308 $2,280 4.31%
    30-36% 29 $4,805,000 $165,690 $2,281 4.52%
    <20% 26 $6,060,000 $233,077 $2,069 4.40%
    40% 8 $1,370,000 $171,250 $2,119 4.83%
    42% 7 $1,125,000 $160,714 $2,223 5.36%
    43% 7 $1,725,000 $246,429 $2,131 4.23%
    36% 6 $1,160,000 $193,333 $1,699 3.75%
    39% 5 $1,005,000 $201,000 $1,869 4.88%
    37% 4 $860,000 $215,000 $2,828 4.88%
    41% 3 $555,000 $185,000 $2,087 5.21%
    44% 3 $715,000 $238,333 $1,801 4.25%
    48% 2 $330,000 $165,000 $2,368 4.13%
    50-60% 2 $450,000 $225,000 $1,922 5.19%

    Citizens State Bank Of La Crosse lent most frequently to those with DTI ratios of 20-30%, with 52 originations. The next most common DTI ratio? 30-36%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 114 $35,810,000 $314,123 $2,111 5.61%
    White 162 $32,210,000 $198,827 $2,178 4.67%
    Not provided 8 $1,450,000 $181,250 $2,330 4.83%
    Asian 1 $105,000 $105,000 $1,607 4.38%

    Approval Rates

    Total approvals of all applications
    94.31%

    Citizens State Bank Of La Crosse has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.47%

    Citizens State Bank Of La Crosse has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 285 $69,575,000 $244,123

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 43 $27,585,000 $641,512
    Single Family (1-4 Units):Site-Built 242 $41,990,000 $173,512

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 22 $5,900,000 $268,182 $1,507 5.52%
    40-60% 36 $5,760,000 $160,000 $1,984 4.67%
    60-80% 137 $40,225,000 $293,613 $2,280 4.94%
    80-100% 78 $16,540,000 $212,051 $2,242 5.10%
    Under 20% 12 $1,150,000 $95,833 $1,274 6.28%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens State Bank of La Crosse 101 Prentice Street, South Clayton, WI 54004 Full Service B&M $35,919
    Citizens State Bank of La Crosse 1028 N Hillcrest Pkwy Altoona, WI 54720 Full Service B&M $16,020
    Citizens State Bank of La Crosse 620 Main Street La Crosse, WI 54601 Full Service B&M $178,137
    Citizens State Bank of La Crosse 625 Main Street Onalaska, WI 54650 Full Service B&M $16,437

    For 2019, Citizens State Bank Of La Crosse had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,352
    Net interest income $12,417
    Total noninterest income $4,002
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $536
    Trading account gains and fees $0
    Additional Noninterest Income $3,466
    Pre-tax net operating income $8,272
    Securities gains (or losses, -) $0
    Income before extraordinary items $8,272
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,272
    Minority interest net income $0
    Net income $8,272
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,272

    Citizens State Bank Of La Crosse's gross interest income from loans was $16,352,000.
    Citizens State Bank Of La Crosse's net interest income from loans was $12,417,000.
    Citizens State Bank Of La Crosse's fee based income from loans was $536,000.
    Citizens State Bank Of La Crosse's net income from loans was $8,272,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,935
    Provision for credit losses $325
    Total noninterest expense $7,822
    Salaries and employee benefits $4,872
    Premises and equipment expense $875
    Additional noninterest expense $2,075
    Applicable income taxes $0
    Net charge-offs $28
    Cash dividends $4,129

    Citizens State Bank Of La Crosse's interest expense for loans was $3,935,000.
    Citizens State Bank Of La Crosse's payroll and benefits expense were $4,872,000.
    Citizens State Bank Of La Crosse's property, plant and equipment expenses $875,000.

    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 1.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    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 $278,467
    Deposits held in domestic offices $278,467
    Deposits by Individuals, partnerships, and corporations $200,866
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $43,283
    Deposits by Commercial banks and other depository institutions in U.S. $34,318
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $71,980
    Demand deposits $53,810
    Nontransaction accounts $206,487
    Money market deposit accounts (MMDAs) $65,058
    Other savings deposits (excluding MMDAs) $20,640
    Total time deposits $120,789
    Total time and savings deposits $224,657
    Noninterest-bearing deposits $53,810
    Interest-bearing deposits $224,657
    Retail deposits $218,314
    IRAs and Keogh plan accounts $5,492
    Brokered deposits $46,777
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $329,986
    Cash & Balances due from depository institutions $10,861
    Interest-bearing balances $10,627
    Total securities $4,610
    Federal funds sold & reverse repurchase $8,081
    Net loans and leases $300,147
    Loan and leases loss allowance $2,251
    Trading account assets $0
    Bank premises and fixed assets $2,289
    Other real estate owned $1,657
    Goodwill and other intangibles $162
    All other assets $2,179

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $329,986
    Total Liabilities $302,116
    Total deposits $278,467
    Interest-bearing deposits $224,657
    Deposits held in domestic offices $278,467
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $23,288
    Subordinated debt $0
    All other liabilities $361

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $300,147
    Loan and leases loss allowance $2,251
    Total loans and leases (domestic) $302,398
    All real estate loans $250,588
    Real estate loans in domestic offices $250,588
    Construction and development loans $21,527
    Residential 1-4 family construction $1,785
    Other construction, all land development and other land $19,742
    Loans secured by nonfarm nonresidential properties $117,731
    Nonfarm nonresidential secured by owner-occupied properties $79,800
    Commercial real estate & other non-farm, non-residential $37,931
    Multifamily residential real estate $30,977
    1-4 family residential loans $70,115
    Farmland loans $10,238
    Loans held in foreign offices $0
    Farm loans $833
    Commercial and industrial loans $48,085
    To non-U.S. addressees $0
    Loans to individuals $2,262
    Credit card loans $1,033
    Related Plans $25
    Consumer Auto Loans $1,084
    Other loans to individuals $120
    All other loans & leases $630
    Loans to foreign governments and official institutions $0
    Other loans $462
    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 $173
    Non 1-4 family restructured loans & leases $29
    Total loans and leases (foreign) $0

    Citizens State Bank of La Crosse had $300,147,000 of loans outstanding in 2019. $250,588,000 of loans were in real estate loans. $21,527,000 of loans were in development loans. $30,977,000 of loans were in multifamily mortgage loans. $70,115,000 of loans were in 1-4 family mortgage loans. $833,000 of loans were in farm loans. $1,033,000 of loans were in credit card loans. $1,084,000 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 202 $116,908 $578,752
    Nonfarm, nonresidential loans - <$100k 36 $1,578 $43,833
    Nonfarm, nonresidential loans - $100-250k 56 $7,511 $134,125
    Nonfarm, nonresidential loans - $250k-1MM 110 $107,819 $980,173
    Commercial & Industrial, US addressed loans - <$1MM 218 $20,441 $93,766
    Commercial & Industrial, US addressed loans - <$100k 123 $2,930 $23,821
    Commercial & Industrial, US addressed loans - $100-250k 43 $4,716 $109,674
    Commercial & Industrial, US addressed loans - $250k-1MM 52 $12,795 $246,058
    Farmland loans - <$1MM 33 $4,912 $148,848
    Farmland loans - <$100k 14 $539 $38,500
    Farmland loans - $100-250k 7 $897 $128,143
    Farmland loans - $250k-1MM 12 $3,476 $289,667
    Agriculture operations loans - <$1MM 25 $833 $33,320
    Agriculture operations loans - <$100k 22 $533 $24,227
    Agriculture operations loans - $100-250k 3 $300 $100,000