Citizens Savings Bank Mortgage Rates, Fees & Info

Clarks Summit, PA

LEI: 549300CDGL2OULMP7388

Tax ID: 24-0674260

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

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

    • Review & Overview

    Citizens Savings Bank is a smaller bank specializing in Home Purchase loans. Citizens Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Scranton, Allentown, East Stroudsburg, New York, and Pottsville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Savings 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.

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    Originations

    121

    Origination Dollar Volume (All Markets)

    $20,725,000

    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
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 59 $9,125,000 $154,661 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 26 $5,570,000 $214,231 $0 0.00%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 22 $4,340,000 $197,273 $0 0.00%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 7 $895,000 $127,857 $0 0.00%
    Outside of Metro Areas 6 $760,000 $126,667 $0 0.00%
    Pottsville, PA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Citizens Savings Bank's top markets include Scranton, Allentown, East Stroudsburg, New York, and Pottsville among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 121 $20,725,000 $171,281 $0 0.00%

    For 2024, Citizens Savings Bank's most frequently originated type of loan was Conventional, with 121 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 57 $16,495,000 $289,386 $0 0.00%
    Other 50 $2,600,000 $52,000 $0 0.00%
    Cash Out Refi 11 $1,185,000 $107,727 $0 0.00%
    Home Improvement 3 $445,000 $148,333 $0 0.00%

    For 2024, Citizens Savings Bank's most frequently cited loan purpose was Home Purchase, with 57 originations. The 2nd most popular reason was Other, with 50 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 121 $20,725,000 $171,281 $0 0.00%

    For 2024, Citizens Savings Bank's most frequently cited loan duration was Other, with 121 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 56 $2,860,000 $51,071 $0 0.00%
    $200k-400k 45 $12,425,000 $276,111 $0 0.00%
    $100k-200k 13 $1,835,000 $141,154 $0 0.00%
    $400k-600k 6 $3,000,000 $500,000 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2024 saw Citizens Savings Bank place emphasis on $100,000 or less loans with 56 originations, totaling $2,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 33 $6,755,000 $204,697 $0 0.00%
    $150k-250k 26 $6,060,000 $233,077 $0 0.00%
    $50k-75k 20 $1,690,000 $84,500 $0 0.00%
    $75k-100k 19 $1,665,000 $87,632 $0 0.00%
    $250k+ 15 $4,065,000 $271,000 $0 0.00%
    $50k or less 8 $490,000 $61,250 $0 0.00%

    Citizens Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 33 originations. The second most popular income band? $150k-250k, with 26 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 121 $20,725,000 $171,281 $0 0.00%

    Citizens Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 121 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 102 $18,010,000 $176,569 $0 0.00%
    Not provided 12 $1,480,000 $123,333 $0 0.00%
    Black 5 $735,000 $147,000 $0 0.00%
    Asian 2 $500,000 $250,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.80%

    Citizens Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.17%

    Citizens Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 121 $20,725,000 $171,281

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    121 $20,725,000 $171,281