United Fidelity Bank Fsb Mortgage Rates, Fees & Info

Evansville, IN

LEI: 549300RV3BMT6ES6TO70

Tax ID: 35-0298350

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • 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

    United Fidelity Bank Fsb is a smaller bank specializing in Refi and Home Purchase loans. United Fidelity Bank Fsb has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Evansville, Denver, Cape Coral, and Rochester among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Fidelity Bank Fsb 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. United Fidelity Bank 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.69% 11/21/24
    30 Year Conventional Refi 6.40% 11/21/24
    30 Year Cash-out Refi 4.91% 11/21/24
    30 Year FHA Purchase 6.27% 11/21/24
    30 Year VA Purchase 6.27% 11/21/24
    15 Year Conventional Purchase 4.69% 11/21/24
    15 Year Conventional Refi 6.23% 11/21/24
    15 Year Cash-out Refi 6.23% 11/21/24
    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.

    United Fidelity Bank Fsb Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from United Fidelity Bank Fsb. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    116

    Origination Dollar Volume (All Markets)

    $43,680,000

    Employee count

    180 Show all (5) 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
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 14 $18,520,000 $1,322,857 $2,514 3.16%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 69 $14,395,000 $208,623 $2,365 2.85%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 17 $4,295,000 $252,647 $2,979 2.49%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $0 3.50%
    ROCHESTER, MN (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 4.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,035,000 $207,000 $2,330 2.95%
    Outside of Metro Areas 4 $950,000 $237,500 $2,809 2.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $550,000 $275,000 $3,406 3.56%
    GREELEY, CO (FHA|USDA|VA) 1 $285,000 $285,000 $4,316 3.38%
    Effingham, IL (FHA|USDA|VA) 1 $75,000 $75,000 $2,668 4.50%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.25%
    United Fidelity Bank Fsb's top markets include Indianapolis, Evansville, Denver, Cape Coral, and Rochester among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against United Fidelity Bank fsb based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    EVANSVILLE
    Similarity Rank: 60
    BOONVILLE FEDERAL SAVINGS BANK
    Similarity Rank: 126
    The Elberfeld State Bank
    Similarity Rank: 130
    Heritage Federal Credit Union
    Similarity Rank: 180
    INDIANA MEMBERS CREDIT UNION
    Similarity Rank: 360
    The District Federal Credit Union
    Similarity Rank: 441
    DENVER COMMUNITY
    Similarity Rank: 732
    United Fidelity Bank, fsb
    Similarity Rank: 957
    LANDED HOME LOANS LLC
    Similarity Rank: 1040
    Independence Bank of Kentucky
    Similarity Rank: 1156

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 116 $43,680,000 $376,552 $2,531 2.90%

    For 2020, United Fidelity Bank Fsb's most frequently originated type of loan was Conventional, with 116 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 57 $12,425,000 $217,982 $2,507 2.66%
    Cash Out Refi 31 $8,385,000 $270,484 $2,459 2.97%
    Home Purchase 26 $22,840,000 $878,462 $2,979 3.16%
    Home Improvement 2 $30,000 $15,000 $403 5.00%

    For 2020, United Fidelity Bank Fsb's most frequently cited loan purpose was Refi, with 57 originations. The 2nd most popular reason was Cash Out Refi, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 67 $15,055,000 $224,701 $2,590 2.66%
    15 Year 24 $5,410,000 $225,417 $2,485 2.56%
    5 Year 11 $3,915,000 $355,909 $0 4.61%
    20 Year 6 $1,430,000 $238,333 $2,438 3.00%
    10 Year 3 $315,000 $105,000 $403 4.08%
    Other 3 $16,885,000 $5,628,333 $2,862 3.25%
    30+ year 2 $670,000 $335,000 $3,348 2.88%

    For 2020, United Fidelity Bank Fsb's most frequently cited loan duration was 30 Year, with 67 originations. The 2nd most popular length was 15 Year, with 24 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 101 $22,565,000 $223,416
    $2k-3k 1 $285,000 $285,000

    United Fidelity Bank Fsb's average total fees were $2,590, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 101 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 55 $11,885,000 $216,091
    2.5-3% 26 $20,500,000 $788,462
    3-4% 22 $8,100,000 $368,182
    4-5% 8 $2,490,000 $311,250
    5-6% 5 $705,000 $141,000

    During 2020, United Fidelity Bank Fsb's average interest rate for loans was 2.66%, while their most frequently originated rate bucket for loans was <2.5%, with 55 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 56 $14,950,000 $266,964 $2,696 2.77%
    $100k-200k 31 $4,655,000 $150,161 $2,452 2.87%
    $100,000 or less 18 $1,090,000 $60,556 $2,035 3.19%
    $400k-600k 5 $2,345,000 $469,000 $2,865 2.85%
    $1MM+ 3 $18,635,000 $6,211,667 $0 3.58%
    $600k-1MM 3 $2,005,000 $668,333 $2,522 3.17%

    2020 saw United Fidelity Bank Fsb place emphasis on $200k-400k loans with 56 originations, totaling $14,950,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 30 $7,210,000 $240,333 $2,641 2.74%
    $50k-75k 16 $3,050,000 $190,625 $2,756 2.38%
    $50k or less 15 $1,345,000 $89,667 $2,331 2.99%
    $75k-100k 14 $2,140,000 $152,857 $2,391 2.64%
    $250k+ 13 $5,125,000 $394,231 $2,479 2.99%
    $150k-250k 12 $3,360,000 $280,000 $2,425 2.98%

    United Fidelity Bank Fsb lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 41 $8,325,000 $203,049 $2,589 2.69%
    <20% 34 $8,140,000 $239,412 $2,391 2.76%
    30-36% 11 $2,275,000 $206,818 $2,591 2.56%
    41% 7 $1,395,000 $199,286 $2,738 2.54%
    36% 4 $1,190,000 $297,500 $2,248 2.97%
    37% 2 $360,000 $180,000 $2,924 2.69%
    >60% 1 $755,000 $755,000 $3,048 3.50%
    38% 1 $345,000 $345,000 $2,837 2.38%
    40% 1 $75,000 $75,000 $2,668 4.50%
    43% 1 $45,000 $45,000 $0 5.50%
    50-60% 1 $55,000 $55,000 $2,045 2.50%

    United Fidelity Bank Fsb lent most frequently to those with DTI ratios of 20-30%, with 41 originations. The next most common DTI ratio? <20%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 11 $20,495,000 $1,863,182 $0 4.14%
    White 93 $20,155,000 $216,720 $2,515 2.78%
    Black 7 $1,385,000 $197,857 $2,448 2.73%
    Not provided 4 $1,310,000 $327,500 $2,890 2.50%
    Asian 1 $335,000 $335,000 $3,012 2.50%

    Approval Rates

    Total approvals of all applications
    86.18%

    United Fidelity Bank Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.93%

    United Fidelity Bank Fsb has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 116 $43,680,000 $376,552

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $19,320,000 $3,220,000
    Single Family (1-4 Units):Site-Built 110 $24,360,000 $221,455

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $3,070,000 $307,000 $2,442 2.69%
    40-60% 20 $4,800,000 $240,000 $2,633 2.64%
    60-80% 48 $12,100,000 $252,083 $2,537 2.77%
    80-100% 26 $5,430,000 $208,846 $2,754 2.86%
    Over 100% 6 $16,290,000 $2,715,000 $0 4.29%
    Under 20% 6 $1,990,000 $331,667 $1,176 3.85%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 16.7%
    UNITED COMMUNITY BANK Conventional home mortgage Closing on a mortgage 1 16.7%
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 3 50.0%
    UNITED COMMUNITY BANK Home equity loan or line of credit (HELOC) Incorrect information on your report 1 16.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Fidelity Bank, FSB 18 Nw Fourth Street Evansville, IN 47708 Full Service B&M $192,537
    United Fidelity Bank, FSB 10537 South Halsted Street Chicago, IL 60628 Full Service B&M $4,583
    United Fidelity Bank, FSB 14241 Metro Parkway Fort Myers, FL 33912 Full Service B&M $32,218
    United Fidelity Bank, FSB 1701 West 87th Street Chicago, IL 60620 Full Service B&M $39,727
    United Fidelity Bank, FSB 2480 West Alameda Avenue Denver, CO 80223 Full Service B&M $8,246
    United Fidelity Bank, FSB 319 N St Joseph Ave Evansville, IN 47712 Full Service B&M $3,006
    United Fidelity Bank, FSB 320 North Main Street Saint Elmo, IL 62458 Full Service B&M $15,728
    United Fidelity Bank, FSB 4441 First Avenue Evansville, IN 47710 Full Service B&M $21,000
    United Fidelity Bank, FSB 4801 West Lloyd Expressway Evansville, IN 47712 Full Service B&M $17,944
    United Fidelity Bank, FSB 500 E 4th St Mount Vernon, IN 47620 Full Service B&M $61,907
    United Fidelity Bank, FSB 5025 Anchor Way, Gallows Bay Marketplace Christiansted, VI 820 Full Service B&M $224,228
    United Fidelity Bank, FSB 6702 Peters Road Christiansted, VI 820 Full Service Retail $124,558
    United Fidelity Bank, FSB 700 South Green River Road Evansville, IN 47715 Full Service B&M $28,840
    United Fidelity Bank, FSB 715 Hanover Place Carmel, IN 46032 Full Service B&M $94,643
    United Fidelity Bank, FSB 810 E Locust Street Fort Branch, IN 47648 Full Service B&M $16,004
    United Fidelity Bank, FSB 8533 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $21,893
    United Fidelity Bank, FSB 978 South Havana Street Aurora, CO 80012 Full Service B&M $13,213

    For 2020, United Fidelity Bank Fsb had 17 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $24,097
    Net interest income $19,938
    Total noninterest income $30,089
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $345
    Trading account gains and fees $0
    Additional Noninterest Income $29,744
    Pre-tax net operating income $18,927
    Securities gains (or losses, -) $1,060
    Income before extraordinary items $19,966
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,966
    Minority interest net income $0
    Net income $19,966
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $18,906

    United Fidelity Bank Fsb's gross interest income from loans was $24,097,000.
    United Fidelity Bank Fsb's net interest income from loans was $19,938,000.
    United Fidelity Bank Fsb's fee based income from loans was $345,000.
    United Fidelity Bank Fsb's net income from loans was $19,966,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,159
    Provision for credit losses $850
    Total noninterest expense $30,250
    Salaries and employee benefits $12,771
    Premises and equipment expense $2,937
    Additional noninterest expense $14,542
    Applicable income taxes $21
    Net charge-offs $47
    Cash dividends $0

    United Fidelity Bank Fsb's interest expense for loans was $4,159,000.
    United Fidelity Bank Fsb's payroll and benefits expense were $12,771,000.
    United Fidelity Bank Fsb's property, plant and equipment expenses $2,937,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 1.0%
    Nonfarm, nonresidential loans 4.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    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 $1,103,872
    Deposits held in domestic offices $1,103,872
    Deposits by Individuals, partnerships, and corporations $874,504
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $227,382
    Deposits by Commercial banks and other depository institutions in U.S. $1,986
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $116,813
    Demand deposits $73,349
    Nontransaction accounts $987,059
    Money market deposit accounts (MMDAs) $71,062
    Other savings deposits (excluding MMDAs) $760,729
    Total time deposits $155,268
    Total time and savings deposits $1,030,523
    Noninterest-bearing deposits $329,615
    Interest-bearing deposits $774,257
    Retail deposits $1,043,314
    IRAs and Keogh plan accounts $10,872
    Brokered deposits $25,480
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,402,300
    Cash & Balances due from depository institutions $90,381
    Interest-bearing balances $68,340
    Total securities $694,261
    Federal funds sold & reverse repurchase $0
    Net loans and leases $334,364
    Loan and leases loss allowance $2,791
    Trading account assets $0
    Bank premises and fixed assets $29,236
    Other real estate owned $6,161
    Goodwill and other intangibles $2,188
    All other assets $245,709

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,402,300
    Total Liabilities $1,249,762
    Total deposits $1,103,872
    Interest-bearing deposits $774,257
    Deposits held in domestic offices $1,103,872
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $93,230
    Subordinated debt $4,000
    All other liabilities $48,660

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $334,364
    Loan and leases loss allowance $2,791
    Total loans and leases (domestic) $337,155
    All real estate loans $270,720
    Real estate loans in domestic offices $270,720
    Construction and development loans $16,559
    Residential 1-4 family construction $4,855
    Other construction, all land development and other land $11,704
    Loans secured by nonfarm nonresidential properties $55,992
    Nonfarm nonresidential secured by owner-occupied properties $22,710
    Commercial real estate & other non-farm, non-residential $33,282
    Multifamily residential real estate $50,669
    1-4 family residential loans $145,274
    Farmland loans $2,226
    Loans held in foreign offices $0
    Farm loans $368
    Commercial and industrial loans $52,943
    To non-U.S. addressees $0
    Loans to individuals $2,482
    Credit card loans $0
    Related Plans $66
    Consumer Auto Loans $774
    Other loans to individuals $1,642
    All other loans & leases $10,642
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $1,884
    Non 1-4 family restructured loans & leases $111
    Total loans and leases (foreign) $0

    United Fidelity Bank fsb had $334,364,000 of loans outstanding in 2020. $270,720,000 of loans were in real estate loans. $16,559,000 of loans were in development loans. $50,669,000 of loans were in multifamily mortgage loans. $145,274,000 of loans were in 1-4 family mortgage loans. $368,000 of loans were in farm loans. $0 of loans were in credit card loans. $774,000 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 147 $35,839 $243,803
    Nonfarm, nonresidential loans - <$100k 20 $1,304 $65,200
    Nonfarm, nonresidential loans - $100-250k 35 $5,275 $150,714
    Nonfarm, nonresidential loans - $250k-1MM 92 $29,260 $318,043
    Commercial & Industrial, US addressed loans - <$1MM 605 $38,380 $63,438
    Commercial & Industrial, US addressed loans - <$100k 502 $16,167 $32,205
    Commercial & Industrial, US addressed loans - $100-250k 64 $7,979 $124,672
    Commercial & Industrial, US addressed loans - $250k-1MM 39 $14,234 $364,974
    Farmland loans - <$1MM 15 $1,347 $89,800
    Farmland loans - <$100k 6 $161 $26,833
    Farmland loans - $100-250k 8 $836 $104,500
    Farmland loans - $250k-1MM 1 $350 $350,000
    Agriculture operations loans - <$1MM 5 $368 $73,600
    Agriculture operations loans - <$100k 3 $63 $21,000
    Agriculture operations loans - $100-250k 2 $305 $152,500