Cb&s Bank Mortgage Rates, Fees & Info
Russellville, ALLEI: 549300RTWPH3HXUWR160
Tax ID: 63-0041560
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Mortgage Data
Review & Overview
Cb&s Bank is a smaller bank specializing in Home Purchase and Refi loans. Cb&s Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Huntsville, Florence, Montgomery, Nashville, and Birmingham among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)Cb&s Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Cb&s Bank 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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
| 30 Year Conventional Purchase | 6.98% | 4/5/25 |
| 30 Year Conventional Refi | 6.95% | 4/5/25 |
| 30 Year Cash-out Refi | 7.00% | 4/5/25 |
| 30 Year FHA Purchase | 7.26% | 4/5/25 |
| 30 Year FHA Refi | 6.72% | 4/5/25 |
| 30 Year VA Purchase | 6.33% | 4/5/25 |
| 30 Year VA Refi | 6.72% | 4/5/25 |
| 30 Year USDA Purchase | 6.94% | 4/5/25 |
| 30 Year USDA Refi | 6.72% | 4/5/25 |
| 15 Year Conventional Purchase | 6.21% | 4/5/25 |
| 15 Year Conventional Refi | 6.15% | 4/5/25 |
| 15 Year Cash-out Refi | 6.15% | 4/5/25 |
| 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. | ||
Cb&s Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Cb&s Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
873Origination Dollar Volume (All Markets)
$186,755,000Awards
CB&S Bank - 2024
CB&S Bank is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Cb&s Bank's average 30 year fixed mortgage rate was
6.8%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.25%.
Relative Fees (Closing Costs)
Cb&s Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,154.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 331 | $41,285,000 | $124,728 | $3,020 | 7.59% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 115 | $32,575,000 | $283,261 | $5,875 | 7.13% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 72 | $25,650,000 | $356,250 | $2,966 | 7.22% |
| MONTGOMERY, AL (FHA|USDA|VA) | 51 | $14,585,000 | $285,980 | $2,563 | 7.21% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 35 | $13,815,000 | $394,714 | $15,251 | 7.73% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 27 | $10,295,000 | $381,296 | $4,042 | 6.88% |
| Tupelo, MS (FHA|USDA|VA) | 29 | $10,025,000 | $345,690 | $2,173 | 7.98% |
| DECATUR, AL (FHA|USDA|VA) | 48 | $8,020,000 | $167,083 | $3,262 | 7.77% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 15 | $6,235,000 | $415,667 | $4,656 | 6.76% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 8 | $3,220,000 | $402,500 | $4,080 | 7.10% |
| Corinth, MS (FHA|USDA|VA) | 28 | $2,810,000 | $100,357 | $3,229 | 7.33% |
| Alexander City, AL (FHA|USDA|VA) | 11 | $2,385,000 | $216,818 | $2,393 | 7.70% |
| Clarksdale, MS (FHA|USDA|VA) | 11 | $1,665,000 | $151,364 | $3,196 | 7.11% |
| Lewisburg, TN (FHA|USDA|VA) | 13 | $1,615,000 | $124,231 | $2,288 | 7.94% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,510,000 | $755,000 | $0 | 7.75% |
| Starkville, MS (FHA|USDA|VA) | 14 | $1,240,000 | $88,571 | $3,189 | 6.95% |
| JACKSON, TN (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $4,480 | 7.52% |
| Greenville, MS (FHA|USDA|VA) | 14 | $930,000 | $66,429 | $2,833 | 9.07% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $15,097 | 6.76% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $0 | 7.75% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 7.25% |
| Shelbyville, TN (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $3,772 | 7.14% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $2,577 | 6.68% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| Cullman, AL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $2,879 | 6.88% |
| Greenwood, MS (FHA|USDA|VA) | 9 | $485,000 | $53,889 | $1,307 | 10.46% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Scottsboro, AL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,878 | 7.94% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,516 | 7.01% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,484 | 6.22% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,279 | 7.64% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 7.89% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 10.00% |
| Albertville, AL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $2,547 | 7.03% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Jasper, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,083 | 7.77% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against CB&S Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 24
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Product Mix
For 2024, Cb&s Bank's most frequently originated type of loan was Conventional, with 453 originations. Their 2nd most popular type was HELOC, with 391 originations.
Loan Reason
For 2024, Cb&s Bank's most frequently cited loan purpose was Home Purchase, with 357 originations. The 2nd most popular reason was Refi, with 250 originations.
Loan Duration/Length
For 2024, Cb&s Bank's most frequently cited loan duration was Other, with 483 originations. The 2nd most popular length was 30 Year, with 244 originations.
Origination Fees/Closing Costs
Cb&s Bank's average total fees were $4,154, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 139 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 192 | $53,380,000 | $278,021 |
| 7-8% | 143 | $32,095,000 | $224,441 |
| Over 8% | 122 | $15,180,000 | $124,426 |
| 5-6% | 25 | $7,575,000 | $303,000 |
During 2024, Cb&s Bank's average interest rate for loans was 6.80%, while their most frequently originated rate bucket for loans was 6-7%, with 192 originations.
Loan Sizing
2024 saw Cb&s Bank place emphasis on $100,000 or less loans with 389 originations, totaling $18,085,000 in origination value.
Applicant Income
Cb&s Bank lent most frequently to those with incomes in the $100k-150k range, with 162 originations. The second most popular income band? $50k-75k, with 152 originations.
Applicant Debt to Income Ratio
Cb&s Bank lent most frequently to those with DTI ratios of Exempt%, with 391 originations. The next most common DTI ratio? 20-30%, with 89 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.89%
Cb&s Bank has a below average approval rate.
Pick Rate
Approvals leading to origination82.36%
Cb&s Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 391 | $78,525,000 | $200,831 |
| NA | 482 | $108,230,000 | $224,544 |