Citizens Savings And Loan Association Fsb Mortgage Rates, Fees & Info

Leavenworth, KS

LEI: 549300K59ORGG9RDD082

Tax ID: 48-0168910

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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 Savings And Loan Association Fsb is a smaller mortgage company specializing in Home Purchase loans. Citizens Savings And Loan Association Fsb has a high proportion of conventional loans. Their top two markets are Kansas City and Topeka .

    Citizens Savings And Loan Association Fsb 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 Savings And Loan Association Fsb 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    144

    Origination Dollar Volume (All Markets)

    $25,740,000

    Employee count

    40

    Awards

    Citizens Savings and Loan Association FSB 30 Year Conventional Loans gold Citizens Savings and Loan Association FSB 30 Year Conventional Loans gold Citizens Savings and Loan Association FSB VA Loans gold Citizens Savings and Loan Association FSB VA Loans gold
    Show all (4) 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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 142 $25,270,000 $177,958 $2,971 4.36%
    TOPEKA, KS (FHA|USDA|VA) 2 $470,000 $235,000 $1,145 4.19%
    Citizens Savings And Loan Association Fsb's top markets include Kansas City and Topeka among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens Savings and Loan Association FSB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 68
    KCB Bank
    Similarity Rank: 108
    Citizens Savings and Loan Association, FSB
    Similarity Rank: 146
    Clay County Savings Bank
    Similarity Rank: 148
    First State Bank and Trust
    Similarity Rank: 580
    UNITED CONSUMERS CREDIT UNION
    Similarity Rank: 608
    Central National Bank
    Similarity Rank: 696
    Central Bank of Warrensburg
    Similarity Rank: 819
    R-G Federal Credit Union
    Similarity Rank: 825
    Mid-America Bank
    Similarity Rank: 936

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 87 $11,055,000 $127,069 $1,316 4.59%
    VA 57 $14,685,000 $257,632 $5,318 4.00%

    For 2018, Citizens Savings And Loan Association Fsb's most frequently originated type of loan was Conventional, with 87 originations. Their 2nd most popular type was VA, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 108 $23,080,000 $213,704 $3,557 4.30%
    Cash Out Refi 14 $1,510,000 $107,857 $1,881 4.42%
    Home Improvement 10 $310,000 $31,000 $477 4.54%
    Refi 9 $775,000 $86,111 $941 4.58%
    Other 3 $65,000 $21,667 $388 4.58%

    For 2018, Citizens Savings And Loan Association Fsb's most frequently cited loan purpose was Home Purchase, with 108 originations. The 2nd most popular reason was Cash Out Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 92 $20,230,000 $219,891 $3,889 4.30%
    Other 21 $1,375,000 $65,476 $591 4.54%
    15 Year 18 $2,560,000 $142,222 $1,657 4.03%
    20 Year 5 $575,000 $115,000 $1,532 5.00%
    10 Year 4 $150,000 $37,500 $544 4.72%
    30+ year 3 $825,000 $275,000 $4,558 5.13%
    1 Year 1 $25,000 $25,000 $464 4.25%

    For 2018, Citizens Savings And Loan Association Fsb's most frequently cited loan duration was 30 Year, with 92 originations. The 2nd most popular length was Other, with 21 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 127 $22,325,000 $175,787
    $1k-2k 10 $1,750,000 $175,000
    $2k-3k 2 $660,000 $330,000
    $4k-5k 1 $405,000 $405,000

    Citizens Savings And Loan Association Fsb's average total fees were $3,889, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 127 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 90 $16,140,000 $179,333
    3-4% 41 $8,315,000 $202,805
    5-6% 11 $1,075,000 $97,727
    6-7% 2 $210,000 $105,000

    During 2018, Citizens Savings And Loan Association Fsb's average interest rate for loans was 4.30%, while their most frequently originated rate bucket for loans was 4-5%, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 52 $14,330,000 $275,577 $4,683 4.19%
    $100k-200k 49 $7,225,000 $147,449 $1,905 4.35%
    $100,000 or less 38 $1,960,000 $51,579 $996 4.60%
    $400k-600k 5 $2,225,000 $445,000 $8,868 4.20%

    2018 saw Citizens Savings And Loan Association Fsb place emphasis on $200k-400k loans with 52 originations, totaling $14,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 50 $11,770,000 $235,400 $4,376 4.21%
    $50k-75k 29 $4,315,000 $148,793 $2,391 4.38%
    $75k-100k 27 $4,325,000 $160,185 $1,937 4.35%
    $50k or less 21 $1,845,000 $87,857 $1,497 4.36%
    $150k-250k 15 $3,215,000 $214,333 $3,151 4.70%
    $250k+ 1 $175,000 $175,000 $0 4.88%

    Citizens Savings And Loan Association Fsb lent most frequently to those with incomes in the $100k-150k range, with 50 originations. The second most popular income band? $50k-75k, with 29 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 46 $8,000,000 $173,913 $3,078 4.46%
    30-36% 28 $3,810,000 $136,071 $1,952 4.33%
    <20% 17 $2,495,000 $146,765 $2,006 4.21%
    41% 6 $990,000 $165,000 $1,780 4.44%
    38% 6 $1,980,000 $330,000 $9,075 4.21%
    36% 5 $745,000 $149,000 $1,857 4.63%
    37% 5 $905,000 $181,000 $4,850 4.43%
    43% 4 $900,000 $225,000 $4,117 4.38%
    39% 4 $710,000 $177,500 $4,177 4.16%
    42% 3 $435,000 $145,000 $1,904 4.13%
    40% 3 $735,000 $245,000 $3,030 4.21%
    45% 3 $485,000 $161,667 $2,603 4.25%
    >60% 2 $550,000 $275,000 $1,158 4.00%
    50-60% 2 $550,000 $275,000 $6,058 4.31%
    44% 2 $630,000 $315,000 $1,827 3.94%
    46% 1 $155,000 $155,000 $0 5.25%
    47% 1 $515,000 $515,000 $8,740 4.13%
    48% 1 $255,000 $255,000 $1,178 4.25%

    Citizens Savings And Loan Association Fsb lent most frequently to those with DTI ratios of 20-30%, with 46 originations. The next most common DTI ratio? 30-36%, with 28 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 133 $23,615,000 $177,556 $2,772 4.38%
    Black 5 $1,125,000 $225,000 $4,420 4.08%
    Not provided 3 $505,000 $168,333 $5,364 3.92%
    Asian 2 $400,000 $200,000 $6,933 3.63%
    Not applicable 1 $95,000 $95,000 $0 5.25%

    Approval Rates

    Total approvals of all applications
    94.48%

    Citizens Savings And Loan Association Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.58%

    Citizens Savings And Loan Association Fsb has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 144 $25,740,000 $178,750

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 144 $25,740,000 $178,750

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 11 $645,000 $58,636 $875 4.37%
    40-60% 8 $1,000,000 $125,000 $1,073 4.30%
    60-80% 40 $6,480,000 $162,000 $1,837 4.52%
    80-100% 61 $13,825,000 $226,639 $3,590 4.29%
    Over 100% 10 $2,970,000 $297,000 $10,407 4.10%
    Under 20% 12 $360,000 $30,000 $514 4.43%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Citizens Savings & Loan Corporation, Chattanooga, TN Branch Conventional home mortgage Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Savings and Loan Association, FSB 15500 State Ave Basehor, KS 66007 Full Service B&M $22,788
    Citizens Savings and Loan Association, FSB 312 South Fifth St Leavenworth, KS 66048 Full Service B&M $23,822
    Citizens Savings and Loan Association, FSB 5151 S 4th Street Trafficway Leavenworth, KS 66048 Full Service B&M $84,407

    For 2018, Citizens Savings And Loan Association Fsb had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $5,601
    Net interest income $4,660
    Total noninterest income $715
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $208
    Trading account gains and fees $0
    Additional Noninterest Income $507
    Pre-tax net operating income $169
    Securities gains (or losses, -) $8
    Income before extraordinary items $85
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $85
    Minority interest net income $0
    Net income $85
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $78

    Citizens Savings And Loan Association Fsb's gross interest income from loans was $5,601,000.
    Citizens Savings And Loan Association Fsb's net interest income from loans was $4,660,000.
    Citizens Savings And Loan Association Fsb's fee based income from loans was $208,000.
    Citizens Savings And Loan Association Fsb's net income from loans was $85,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $941
    Provision for credit losses $122
    Total noninterest expense $5,084
    Salaries and employee benefits $3,302
    Premises and equipment expense $507
    Additional noninterest expense $1,275
    Applicable income taxes $92
    Net charge-offs $122
    Cash dividends $0

    Citizens Savings And Loan Association Fsb's interest expense for loans was $941,000.
    Citizens Savings And Loan Association Fsb's payroll and benefits expense were $3,302,000.
    Citizens Savings And Loan Association Fsb's property, plant and equipment expenses $507,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 3.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $124,737
    Deposits held in domestic offices $124,737
    Deposits by Individuals, partnerships, and corporations $114,946
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $9,791
    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 $37,142
    Demand deposits $415
    Nontransaction accounts $87,595
    Money market deposit accounts (MMDAs) $14,033
    Other savings deposits (excluding MMDAs) $26,096
    Total time deposits $47,466
    Total time and savings deposits $124,322
    Noninterest-bearing deposits $9,669
    Interest-bearing deposits $115,068
    Retail deposits $114,743
    IRAs and Keogh plan accounts $12,543
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $171,788
    Cash & Balances due from depository institutions $3,821
    Interest-bearing balances $2,293
    Total securities $77,895
    Federal funds sold & reverse repurchase $0
    Net loans and leases $83,474
    Loan and leases loss allowance $474
    Trading account assets $0
    Bank premises and fixed assets $1,794
    Other real estate owned $0
    Goodwill and other intangibles $45
    All other assets $4,759

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $171,788
    Total Liabilities $134,780
    Total deposits $124,737
    Interest-bearing deposits $115,068
    Deposits held in domestic offices $124,737
    % insured (estimated) $92
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,100
    Subordinated debt $0
    All other liabilities $4,943

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $83,474
    Loan and leases loss allowance $474
    Total loans and leases (domestic) $83,948
    All real estate loans $82,408
    Real estate loans in domestic offices $82,408
    Construction and development loans $688
    Residential 1-4 family construction $218
    Other construction, all land development and other land $470
    Loans secured by nonfarm nonresidential properties $482
    Nonfarm nonresidential secured by owner-occupied properties $482
    Commercial real estate & other non-farm, non-residential $0
    Multifamily residential real estate $757
    1-4 family residential loans $80,481
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $773
    To non-U.S. addressees $0
    Loans to individuals $757
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $264
    Other loans to individuals $493
    All other loans & leases $10
    Loans to foreign governments and official institutions $0
    Other loans $10
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Citizens Savings and Loan Association FSB had $83,474,000 of loans outstanding in 2018. $82,408,000 of loans were in real estate loans. $688,000 of loans were in development loans. $757,000 of loans were in multifamily mortgage loans. $80,481,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $264,000 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 4 $482 $120,500
    Nonfarm, nonresidential loans - <$100k 4 $482 $120,500
    Commercial & Industrial, US addressed loans - <$1MM 9 $773 $85,889
    Commercial & Industrial, US addressed loans - <$100k 9 $773 $85,889