Citizens Savings Bank Mortgage Rates, Fees & Info
Bogalusa, LALEI: 549300ESV371MYVWQV54
Tax ID: 72-0369226
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Citizens Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Bogalusa, New Orleans, Hammond, Picayune, and Gulfport among others. We have data for 10 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.
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Originations
282Origination Dollar Volume (All Markets)
$39,400,000Top 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 |
|---|---|---|---|---|---|
| Bogalusa, LA (FHA|USDA|VA) | 194 | $21,190,000 | $109,227 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 37 | $7,705,000 | $208,243 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 19 | $4,415,000 | $232,368 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $2,765,000 | $184,333 | $0 | 0.00% |
| Picayune, MS (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| McComb, MS (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 282 | $39,400,000 | $139,716 | $0 | 0.00% |
For 2022, Citizens Savings Bank's most frequently originated type of loan was Conventional, with 282 originations.
Loan Reason
For 2022, Citizens Savings Bank's most frequently cited loan purpose was Home Purchase, with 149 originations. The 2nd most popular reason was Refi, with 100 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 282 | $39,400,000 | $139,716 | $0 | 0.00% |
For 2022, Citizens Savings Bank's most frequently cited loan duration was Other, with 282 originations.
Loan Sizing
2022 saw Citizens Savings Bank place emphasis on $100,000 or less loans with 148 originations, totaling $7,410,000 in origination value.
Applicant Income
Citizens Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 63 originations. The second most popular income band? $50k-75k, with 54 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 282 | $39,400,000 | $139,716 | $0 | 0.00% |
Citizens Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 282 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.61%
Citizens Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination87.94%
Citizens Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 282 | $39,400,000 | $139,716 |
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% |