Greenville Savings Bank Mortgage Rates, Fees & Info

Greenville, PA

LEI: 549300H05YH2B8D1FY15

Tax ID: 25-0361790

Latest/2023 | 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)

    • Bank Data

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

    • Review & Overview

    Greenville Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Greenville Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Youngstown, Meadville, New Castle, Oil City, and Pittsburgh among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Greenville Savings Bank has an average approval rate when compared to the average across all lenders. They have an 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

    448

    Origination Dollar Volume (All Markets)

    $54,590,000

    Employee count

    47

    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
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 288 $34,480,000 $119,722 $0 0.00%
    Meadville, PA (FHA|USDA|VA) 73 $8,795,000 $120,479 $0 0.00%
    New Castle, PA (FHA|USDA|VA) 37 $4,215,000 $113,919 $0 0.00%
    Outside of Metro Areas 23 $3,035,000 $131,957 $0 0.00%
    Oil City, PA (FHA|USDA|VA) 15 $2,825,000 $188,333 $0 0.00%
    PITTSBURGH, PA (FHA|USDA|VA) 5 $615,000 $123,000 $0 0.00%
    Ashtabula, OH (FHA|USDA|VA) 6 $570,000 $95,000 $0 0.00%
    Warren, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Greenville Savings Bank's top markets include Youngstown, Meadville, New Castle, Oil City, and Pittsburgh among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 448 $54,590,000 $121,853 $0 0.00%

    For 2021, Greenville Savings Bank's most frequently originated type of loan was Conventional, with 448 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 235 $30,105,000 $128,106 $0 0.00%
    Home Purchase 128 $19,150,000 $149,609 $0 0.00%
    Home Improvement 45 $2,445,000 $54,333 $0 0.00%
    Other 40 $2,890,000 $72,250 $0 0.00%

    For 2021, Greenville Savings Bank's most frequently cited loan purpose was Refi, with 235 originations. The 2nd most popular reason was Home Purchase, with 128 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 448 $54,590,000 $121,853 $0 0.00%

    For 2021, Greenville Savings Bank's most frequently cited loan duration was Other, with 448 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 207 $11,935,000 $57,657 $0 0.00%
    $100k-200k 182 $25,090,000 $137,857 $0 0.00%
    $200k-400k 51 $12,865,000 $252,255 $0 0.00%
    $400k-600k 6 $2,880,000 $480,000 $0 0.00%
    $1MM+ 1 $1,195,000 $1,195,000 $0 0.00%
    $600k-1MM 1 $625,000 $625,000 $0 0.00%

    2021 saw Greenville Savings Bank place emphasis on $100,000 or less loans with 207 originations, totaling $11,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 170 $16,230,000 $95,471 $0 0.00%
    $50k-75k 90 $10,600,000 $117,778 $0 0.00%
    $100k-150k 64 $8,120,000 $126,875 $0 0.00%
    $150k-250k 48 $8,600,000 $179,167 $0 0.00%
    $75k-100k 48 $5,980,000 $124,583 $0 0.00%
    $250k+ 12 $3,340,000 $278,333 $0 0.00%

    Greenville Savings Bank lent most frequently to those with incomes in the $50k or less range, with 170 originations. The second most popular income band? $50k-75k, with 90 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 448 $54,590,000 $121,853 $0 0.00%

    Greenville Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 448 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 428 $51,920,000 $121,308 $0 0.00%
    Not applicable 12 $1,430,000 $119,167 $0 0.00%
    Black 6 $620,000 $103,333 $0 0.00%
    Not provided 2 $620,000 $310,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.62%

    Greenville Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.74%

    Greenville Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 448 $54,590,000 $121,853

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    448 $54,590,000 $121,853

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Greenville Savings Bank 233 Main Street Greenville, PA 16125 Full Service B&M $108,953
    Greenville Savings Bank 3302 Wilmington Road New Castle, PA 16105 Full Service B&M $32,319
    Greenville Savings Bank 550 North Hermitage Road Hermitage, PA 16148 Full Service B&M $97,274

    For 2021, Greenville Savings Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $8,938
    Net interest income $7,347
    Total noninterest income $459
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $56
    Trading account gains and fees $0
    Additional Noninterest Income $403
    Pre-tax net operating income $1,807
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,444
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,444
    Minority interest net income $0
    Net income $1,444
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,444

    Greenville Savings Bank's gross interest income from loans was $8,938,000.
    Greenville Savings Bank's net interest income from loans was $7,347,000.
    Greenville Savings Bank's fee based income from loans was $56,000.
    Greenville Savings Bank's net income from loans was $1,444,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,591
    Provision for credit losses $240
    Total noninterest expense $5,759
    Salaries and employee benefits $3,515
    Premises and equipment expense $640
    Additional noninterest expense $1,604
    Applicable income taxes $363
    Net charge-offs $222
    Cash dividends $0

    Greenville Savings Bank's interest expense for loans was $1,591,000.
    Greenville Savings Bank's payroll and benefits expense were $3,515,000.
    Greenville Savings Bank's property, plant and equipment expenses $640,000.

    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 $248,821
    Deposits held in domestic offices $248,821
    Deposits by Individuals, partnerships, and corporations $248,821
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $50,242
    Demand deposits $20,357
    Nontransaction accounts $198,579
    Money market deposit accounts (MMDAs) $18,737
    Other savings deposits (excluding MMDAs) $102,095
    Total time deposits $77,747
    Total time and savings deposits $228,464
    Noninterest-bearing deposits $20,357
    Interest-bearing deposits $228,464
    Retail deposits $241,150
    IRAs and Keogh plan accounts $27,020
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $293,536
    Cash & Balances due from depository institutions $17,616
    Interest-bearing balances $16,324
    Total securities $48,894
    Federal funds sold & reverse repurchase $0
    Net loans and leases $213,434
    Loan and leases loss allowance $1,601
    Trading account assets $0
    Bank premises and fixed assets $1,960
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $11,632

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $293,536
    Total Liabilities $255,689
    Total deposits $248,821
    Interest-bearing deposits $228,464
    Deposits held in domestic offices $248,821
    % insured (estimated) $91
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $6,000
    Subordinated debt $0
    All other liabilities $868

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $213,434
    Loan and leases loss allowance $1,601
    Total loans and leases (domestic) $215,035
    All real estate loans $208,539
    Real estate loans in domestic offices $208,539
    Construction and development loans $6,222
    Residential 1-4 family construction $0
    Other construction, all land development and other land $6,222
    Loans secured by nonfarm nonresidential properties $22,411
    Nonfarm nonresidential secured by owner-occupied properties $11,432
    Commercial real estate & other non-farm, non-residential $10,979
    Multifamily residential real estate $1,704
    1-4 family residential loans $178,202
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $4,783
    To non-U.S. addressees $0
    Loans to individuals $1,711
    Credit card loans $0
    Related Plans $343
    Consumer Auto Loans $5
    Other loans to individuals $1,363
    All other loans & leases $2
    Loans to foreign governments and official institutions $0
    Other loans $2
    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 $371
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Greenville Savings Bank had $213,434,000 of loans outstanding in 2021. $208,539,000 of loans were in real estate loans. $6,222,000 of loans were in development loans. $1,704,000 of loans were in multifamily mortgage loans. $178,202,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $5,000 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 118 $22,411 $189,924
    Nonfarm, nonresidential loans - <$100k 46 $1,665 $36,196
    Nonfarm, nonresidential loans - $100-250k 35 $4,300 $122,857
    Nonfarm, nonresidential loans - $250k-1MM 37 $16,446 $444,486
    Commercial & Industrial, US addressed loans - <$1MM 102 $4,782 $46,882
    Commercial & Industrial, US addressed loans - <$100k 76 $1,444 $19,000
    Commercial & Industrial, US addressed loans - $100-250k 22 $1,706 $77,545
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,632 $408,000