Cibc Bank Usa Mortgage Rates, Fees & Info

Chicago, IL

LEI: FDXQ75GPEQKRPWABYN63

Tax ID: 36-3722148

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

Review & Overview

Cibc Bank Usa is a small bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Cibc Bank Usa has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, Los Angeles, Phoenix, Denver, and Orlando among others. We have data for 127 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cibc Bank Usa 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. Cibc Bank Usa is typically an average 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	6.45%	12/17/24
30 Year Conventional Refi	6.18%	12/17/24
30 Year Cash-out Refi	6.11%	12/17/24
30 Year FHA Purchase	7.35%	12/17/24
30 Year FHA Refi	8.18%	12/17/24
30 Year VA Purchase	6.01%	12/17/24
15 Year Conventional Purchase	6.22%	12/17/24
15 Year Conventional Refi	5.89%	12/17/24
15 Year Cash-out Refi	5.89%	12/17/24
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.

Cibc Bank Usa Mortgage Calculator

Purchase Price:

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This is not an official calculator from Cibc Bank Usa. 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

2,125

Origination Dollar Volume (All Markets)

$1,610,295,000

Employee count

1,670

Awards

CIBC Bank USA 30 Year Conventional Loans gold

CIBC Bank USA 30 Year Conventional Loans bronze

CIBC Bank USA 30 Year Conventional Loans silver

Show all (12) 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
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	1,440	$621,620,000	$431,681	$4,900	4.05%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	128	$136,690,000	$1,067,891	$5,984	3.36%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	16	$127,860,000	$7,991,250	$4,323	3.90%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	15	$106,575,000	$7,105,000	$4,759	3.69%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	10	$80,460,000	$8,046,000	$5,167	4.70%
DULUTH, MN-WI (FHA\|USDA\|VA)	2	$67,810,000	$33,905,000	$0	4.32%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	106	$46,340,000	$437,170	$4,180	3.89%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	1	$41,415,000	$41,415,000	$0	4.84%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	3	$39,865,000	$13,288,333	$3,001	4.05%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	2	$35,750,000	$17,875,000	$12,396	3.71%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	1	$26,955,000	$26,955,000	$0	5.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	17	$24,395,000	$1,435,000	$7,029	3.57%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	45	$19,665,000	$437,000	$3,387	4.04%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	3	$16,625,000	$5,541,667	$3,503	4.29%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	40	$11,940,000	$298,500	$4,219	4.35%
APPLETON, WI (FHA\|USDA\|VA)	1	$11,505,000	$11,505,000	$0	4.74%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	2	$11,110,000	$5,555,000	$3,782	4.27%
Outside of Metro Areas	13	$8,615,000	$662,692	$4,700	3.73%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	8	$7,850,000	$981,250	$3,925	3.45%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	9	$7,695,000	$855,000	$4,682	2.86%
Whitewater, WI (FHA\|USDA\|VA)	19	$7,225,000	$380,263	$3,782	3.91%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	11	$7,125,000	$647,727	$5,122	3.86%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	5	$6,865,000	$1,373,000	$6,661	3.25%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	5	$6,635,000	$1,327,000	$8,581	3.23%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	8	$6,310,000	$788,750	$4,810	3.77%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	10	$6,290,000	$629,000	$5,085	3.45%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	12	$6,170,000	$514,167	$4,194	3.44%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	2	$5,130,000	$2,565,000	$8,431	3.19%
Heber, UT (FHA\|USDA\|VA)	5	$4,665,000	$933,000	$4,808	3.38%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	3	$4,395,000	$1,465,000	$5,604	2.92%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	7	$4,285,000	$612,143	$5,696	3.70%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	3	$4,215,000	$1,405,000	$4,761	3.33%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$3,635,000	$3,635,000	$13,878	3.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	9	$3,515,000	$390,556	$3,320	3.89%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	3	$3,475,000	$1,158,333	$4,974	3.33%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	8	$3,470,000	$433,750	$6,039	3.70%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	4	$3,390,000	$847,500	$6,030	3.59%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	6	$3,370,000	$561,667	$7,512	4.00%
Glenwood Springs, CO (FHA\|USDA\|VA)	2	$3,120,000	$1,560,000	$5,674	3.94%
PEORIA, IL (FHA\|USDA\|VA)	1	$3,055,000	$3,055,000	$0	4.20%
KAHULUI-WAILUKU-LAHAINA, HI (FHA\|USDA\|VA)	1	$2,805,000	$2,805,000	$12,317	3.13%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	4	$2,750,000	$687,500	$7,499	3.66%
Traverse City, MI (FHA\|USDA\|VA)	3	$2,355,000	$785,000	$4,252	3.67%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	2	$2,330,000	$1,165,000	$4,015	3.13%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	3	$2,275,000	$758,333	$4,118	3.67%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	2	$2,180,000	$1,090,000	$6,173	3.44%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	4	$2,030,000	$507,500	$5,601	3.53%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	5	$1,975,000	$395,000	$4,828	3.70%
Bozeman, MT (FHA\|USDA\|VA)	1	$1,875,000	$1,875,000	$17,623	3.75%
KNOXVILLE, TN (FHA\|USDA\|VA)	3	$1,665,000	$555,000	$4,801	3.71%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	2	$1,640,000	$820,000	$4,098	3.56%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$1,605,000	$1,605,000	$7,489	2.25%
Bennington, VT (FHA\|USDA\|VA)	1	$1,405,000	$1,405,000	$6,964	2.25%
COLUMBUS, OH (FHA\|USDA\|VA)	3	$1,365,000	$455,000	$4,674	4.17%
BOULDER, CO (FHA\|USDA\|VA)	3	$1,315,000	$438,333	$3,198	3.67%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	1	$1,285,000	$1,285,000	$5,100	3.50%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	3	$1,245,000	$415,000	$5,708	3.54%
NILES, MI (FHA\|USDA\|VA)	4	$1,190,000	$297,500	$3,544	3.63%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	2	$1,070,000	$535,000	$6,284	3.69%
Hilo, HI (FHA\|USDA\|VA)	2	$1,040,000	$520,000	$6,642	3.81%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	2	$980,000	$490,000	$4,053	3.69%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	1	$915,000	$915,000	$6,049	3.13%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	2	$910,000	$455,000	$3,588	3.81%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	1	$895,000	$895,000	$4,796	3.25%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	3	$875,000	$291,667	$3,428	3.88%
OSHKOSH-NEENAH, WI (FHA\|USDA\|VA)	2	$870,000	$435,000	$3,238	4.38%
RACINE, WI (FHA\|USDA\|VA)	2	$810,000	$405,000	$2,806	3.56%
TUCSON, AZ (FHA\|USDA\|VA)	2	$790,000	$395,000	$3,962	3.69%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	2	$760,000	$380,000	$3,611	3.94%
WILMINGTON, NC (FHA\|USDA\|VA)	1	$755,000	$755,000	$4,774	3.38%
JACKSONVILLE, FL (FHA\|USDA\|VA)	2	$700,000	$350,000	$4,674	3.63%
SANTA FE, NM (FHA\|USDA\|VA)	1	$695,000	$695,000	$5,950	3.13%
FRESNO, CA (FHA\|USDA\|VA)	2	$660,000	$330,000	$4,266	3.69%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	2	$650,000	$325,000	$3,515	3.69%
PROVO-OREM, UT (FHA\|USDA\|VA)	1	$635,000	$635,000	$4,330	3.13%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	1	$625,000	$625,000	$16,874	4.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	2	$610,000	$305,000	$4,239	3.63%
AKRON, OH (FHA\|USDA\|VA)	1	$605,000	$605,000	$4,327	3.25%
Holland, MI (FHA\|USDA\|VA)	2	$600,000	$300,000	$2,632	3.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	2	$600,000	$300,000	$3,976	4.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA\|USDA\|VA)	2	$590,000	$295,000	$2,657	3.69%
RENO, NV (FHA\|USDA\|VA)	2	$570,000	$285,000	$4,112	4.13%
HOT SPRINGS, AR (FHA\|USDA\|VA)	1	$525,000	$525,000	$2,960	3.13%
PORTLAND-SOUTH PORTLAND, ME (FHA\|USDA\|VA)	1	$525,000	$525,000	$3,755	3.88%
Cullman, AL (FHA\|USDA\|VA)	1	$485,000	$485,000	$3,925	3.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$485,000	$485,000	$5,102	3.38%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	2	$440,000	$220,000	$3,272	3.94%
Cookeville, TN (FHA\|USDA\|VA)	1	$425,000	$425,000	$3,988	3.75%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	2	$420,000	$210,000	$3,157	3.56%
MICHIGAN CITY-LA PORTE, IN (FHA\|USDA\|VA)	2	$410,000	$205,000	$2,582	3.69%
THE VILLAGES, FL (FHA\|USDA\|VA)	2	$370,000	$185,000	$3,723	4.75%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	1	$355,000	$355,000	$3,573	4.25%
CHAMPAIGN-URBANA, IL (FHA\|USDA\|VA)	1	$345,000	$345,000	$2,435	4.50%
GRAND JUNCTION, CO (FHA\|USDA\|VA)	1	$335,000	$335,000	$5,933	3.88%
ROCKFORD, IL (FHA\|USDA\|VA)	2	$320,000	$160,000	$5,699	3.88%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	1	$315,000	$315,000	$3,241	3.25%
MADISON, WI (FHA\|USDA\|VA)	2	$310,000	$155,000	$3,360	3.75%
GREELEY, CO (FHA\|USDA\|VA)	1	$305,000	$305,000	$3,007	3.75%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	1	$275,000	$275,000	$4,173	3.75%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	1	$265,000	$265,000	$3,982	3.88%
ANN ARBOR, MI (FHA\|USDA\|VA)	1	$255,000	$255,000	$3,060	4.38%
Kendallville, IN (FHA\|USDA\|VA)	1	$245,000	$245,000	$2,891	4.13%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$245,000	$245,000	$8,407	4.13%
SPARTANBURG, SC (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,575	4.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,164	4.13%
LINCOLN, NE (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,129	3.63%
COLUMBIA, SC (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,872	3.88%
Paducah, KY-IL (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,840	4.00%
BELLINGHAM, WA (FHA\|USDA\|VA)	1	$195,000	$195,000	$3,145	4.13%
KANKAKEE, IL (FHA\|USDA\|VA)	1	$195,000	$195,000	$3,182	3.13%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$195,000	$195,000	$3,981	4.13%
WAUSAU-WESTON, WI (FHA\|USDA\|VA)	1	$185,000	$185,000	$2,862	3.88%
CAPE GIRARDEAU, MO-IL (FHA\|USDA\|VA)	1	$185,000	$185,000	$2,399	4.13%
BLOOMINGTON, IL (FHA\|USDA\|VA)	1	$185,000	$185,000	$2,765	4.00%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,336	4.00%
TOLEDO, OH (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,724	3.38%
PUNTA GORDA, FL (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,835	4.00%
Sturgis, MI (FHA\|USDA\|VA)	1	$175,000	$175,000	$2,629	3.63%
FAIRBANKS, AK (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,981	4.13%
BATON ROUGE, LA (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,273	3.13%
Warsaw, IN (FHA\|USDA\|VA)	1	$155,000	$155,000	$2,552	4.50%
LAFAYETTE-WEST LAFAYETTE, IN (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,753	4.88%
GAINESVILLE, FL (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,621	3.63%
Georgetown, SC (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,543	4.00%
Ottawa, IL (FHA\|USDA\|VA)	1	$105,000	$105,000	$5,424	3.50%
FLINT, MI (FHA\|USDA\|VA)	1	$75,000	$75,000	$2,712	4.38%
SPRINGFIELD, IL (FHA\|USDA\|VA)	1	$75,000	$75,000	$3,374	5.13%

Cibc Bank Usa's top markets include Chicago, Los Angeles, Phoenix, Denver, and Orlando among others.

Their top states include:

Illinois (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

California (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Florida (FHA|USDA|VA)

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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,827	$1,547,015,000	$846,752	$4,323	3.94%
FHA	266	$52,990,000	$199,211	$8,207	4.03%
VA	31	$10,125,000	$326,613	$8,559	3.74%
USDA	1	$165,000	$165,000	$4,442	4.25%

For 2019, Cibc Bank Usa's most frequently originated type of loan was Conventional, with 1,827 originations. Their 2nd most popular type was FHA, with 266 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,252	$832,780,000	$665,160	$5,969	4.10%
Refi	525	$408,005,000	$777,152	$3,136	3.67%
Cash Out Refi	268	$331,360,000	$1,236,418	$3,715	3.76%
Other	63	$31,965,000	$507,381	$3,123	4.00%
Home Improvement	17	$6,185,000	$363,824	$2,743	4.65%

For 2019, Cibc Bank Usa's most frequently cited loan purpose was Home Purchase, with 1,252 originations. The 2nd most popular reason was Refi, with 525 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	1,905	$844,285,000	$443,194	$5,050	3.95%
15 Year	107	$27,655,000	$258,458	$3,558	3.47%
20 Year	37	$8,655,000	$233,919	$2,942	3.92%
Other	35	$313,955,000	$8,970,143	$3,779	4.38%
10 Year	17	$1,095,000	$64,412	$161	4.81%
5 Year	15	$260,005,000	$17,333,667	$0	4.83%
3 Year	9	$154,645,000	$17,182,778	$0	4.56%

For 2019, Cibc Bank Usa's most frequently cited loan duration was 30 Year, with 1,905 originations. The 2nd most popular length was 15 Year, with 107 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	1,906	$828,050,000	$434,444
$2k-3k	121	$43,455,000	$359,132
$<1k	30	$2,650,000	$88,333
$3k-4k	12	$4,920,000	$410,000
$4k-5k	7	$2,315,000	$330,714
$5k+	5	$2,375,000	$475,000

Cibc Bank Usa's average total fees were $5,050, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,906 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	1,206	$732,870,000	$607,687
4-5%	677	$635,375,000	$938,516
2.5-3%	120	$146,470,000	$1,220,583
5-6%	105	$84,905,000	$808,619
<2.5%	10	$10,000,000	$1,000,000
6-7%	7	$675,000	$96,429

During 2019, Cibc Bank Usa's average interest rate for loans was 3.95%, while their most frequently originated rate bucket for loans was 3-4%, with 1,206 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	776	$220,060,000	$283,582	$4,892	3.98%
$100k-200k	526	$81,470,000	$154,886	$4,938	4.20%
$400k-600k	314	$151,660,000	$482,994	$4,329	3.78%
$1MM+	210	$1,008,010,000	$4,800,048	$6,657	3.44%
$600k-1MM	186	$141,380,000	$760,108	$4,732	3.46%
$100,000 or less	113	$7,715,000	$68,274	$3,537	4.86%

2019 saw Cibc Bank Usa place emphasis on $200k-400k loans with 776 originations, totaling $220,060,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	461	$434,445,000	$942,397	$4,983	3.48%
$150k-250k	389	$167,145,000	$429,679	$4,415	3.85%
$100k-150k	370	$111,670,000	$301,811	$4,461	4.03%
$50k-75k	342	$64,760,000	$189,357	$5,541	4.20%
$75k-100k	281	$66,455,000	$236,495	$5,033	4.09%
$50k or less	201	$25,725,000	$127,985	$5,207	4.33%

Cibc Bank Usa lent most frequently to those with incomes in the $250k+ range, with 461 originations. The second most popular income band? $150k-250k, with 389 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	469	$210,135,000	$448,049	$4,302	3.84%
30-36%	409	$170,045,000	$415,758	$4,805	3.99%
<20%	174	$98,650,000	$566,954	$4,069	3.62%
42%	96	$39,390,000	$410,313	$5,387	4.00%
41%	94	$45,000,000	$478,723	$5,213	4.08%
40%	90	$39,580,000	$439,778	$5,035	4.01%
44%	87	$23,585,000	$271,092	$5,160	4.27%
37%	81	$29,205,000	$360,556	$4,975	4.07%
38%	81	$40,245,000	$496,852	$4,964	4.03%
39%	80	$39,280,000	$491,000	$5,217	3.97%
36%	69	$34,815,000	$504,565	$4,945	3.93%
43%	62	$20,370,000	$328,548	$5,545	4.16%
50-60%	57	$13,255,000	$232,544	$8,457	3.80%
49%	51	$17,995,000	$352,843	$5,219	3.87%
45%	47	$13,275,000	$282,447	$4,554	4.04%
48%	45	$14,995,000	$333,222	$4,828	3.90%
47%	44	$17,000,000	$386,364	$5,181	3.83%
46%	44	$15,490,000	$352,045	$5,268	4.06%
>60%	1	$1,995,000	$1,995,000	$11,921	3.75%

Cibc Bank Usa lent most frequently to those with DTI ratios of 20-30%, with 469 originations. The next most common DTI ratio? 30-36%, with 409 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	1,641	$753,275,000	$459,034	$4,732	3.90%
Not applicable	43	$725,785,000	$16,878,721	$0	4.63%
Black	223	$47,395,000	$212,534	$6,142	4.27%
Not provided	105	$42,635,000	$406,048	$4,935	3.85%
Asian	101	$37,065,000	$366,980	$4,502	3.89%
Asian Indian	6	$1,670,000	$278,333	$4,453	4.02%
Other Asian	1	$1,325,000	$1,325,000	$9,036	3.25%
Native Hawaiian or Islander	2	$580,000	$290,000	$4,239	3.75%
American Indian	3	$565,000	$188,333	$4,250	3.88%

Approval Rates

Total approvals of all applications
97.06%

Cibc Bank Usa has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
80.99%

Cibc Bank Usa has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	2,125	$1,610,295,000	$757,786

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Manufactured	1	$3,055,000	$3,055,000
Multifamily:Site-Built	31	$714,715,000	$23,055,323
Single Family (1-4 Units):Site-Built	2,093	$892,525,000	$426,433

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	91	$46,755,000	$513,791	$4,197	3.68%
40-60%	244	$275,840,000	$1,130,492	$3,919	3.73%
60-80%	803	$890,125,000	$1,108,499	$4,221	3.87%
80-100%	956	$377,710,000	$395,094	$5,748	4.09%
Over 100%	8	$2,670,000	$333,750	$12,207	3.78%
Under 20%	23	$17,195,000	$747,609	$731	4.72%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
CIBC BANCORP USA INC.	Home equity loan or line of credit (HELOC)	Trouble during payment process	1	100.0%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
CIBC Bank USA	1000 Green Bay Road Winnetka, IL 60093	Full Service B&M	$122,937
CIBC Bank USA	105th Place And Cicero Avenue Oak Lawn, IL 60453	Full Service B&M	$111,398
CIBC Bank USA	1110 Jorie Boulevard Oak Brook, IL 60523	Full Service B&M	$551,210
CIBC Bank USA	11850 South Harlem Avenue Palos Heights, IL 60463	Full Service B&M	$146,401
CIBC Bank USA	120 South Lasalle Street , Suite 400 Chicago, IL 60603	Full Service B&M	$16,628,528
CIBC Bank USA	1255 Green Bay Road Wilmette, IL 60091	Full Service B&M	$161,846
CIBC Bank USA	1401 South Brentwood Blvd, 2nd Floor Saint Louis, MO 63144	Full Service B&M	$691,524
CIBC Bank USA	14102 South Bell Road Homer Glen, IL 60441	Full Service B&M	$145,648
CIBC Bank USA	14497 John Humphries Drive Orland Park, IL 60462	Full Service B&M	$121,220
CIBC Bank USA	149 East Walton 2nd Floor Chicago, IL 60611	Full Service B&M	$696,051
CIBC Bank USA	1550 Essington Road Joliet, IL 60435	Full Service B&M	$58,070
CIBC Bank USA	17865 S. 80th Avenue Tinley Park,, IL 60477	Full Service B&M	$169,148
CIBC Bank USA	23840 West Eames Street Channahon, IL 60410	Full Service B&M	$41,288
CIBC Bank USA	24 South Second Stereet Saint Charles, IL 60174	Full Service B&M	$80,129
CIBC Bank USA	24000 West Dayfield Drive Plainfield, IL 60544	Full Service B&M	$0
CIBC Bank USA	3052 West 111th Street Chicago, IL 60655	Full Service B&M	$118,768
CIBC Bank USA	34901 Woodward Avenue, Suite 200 Birmingham, MI 48009	Full Service B&M	$1,324,478
CIBC Bank USA	4007 West Touhy Avenue Lincolnwood, IL 60712	Full Service B&M	$167,378
CIBC Bank USA	500 Chesterfield Center Drive Chesterfield, MO 63017	Limited, Administrative	$0
CIBC Bank USA	501 West State Street, Suite 101 Geneva, IL 60134	Full Service B&M	$81,445
CIBC Bank USA	502 West Mondamin Street Minooka, IL 60447	Full Service B&M	$115,124
CIBC Bank USA	6825 West 111th Street Worth, IL 60482	Full Service B&M	$268,200
CIBC Bank USA	743 North Water Street Milwaukee, WI 53202	Full Service B&M	$274,470
CIBC Bank USA	920 South Waukegan Road Lake Forest, IL 60045	Full Service B&M	$323,110

For 2019, Cibc Bank Usa had 24 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$1,303,994
Net interest income	$920,448
Total noninterest income	$161,645
Gross Fiduciary activities income	$23,041
Service charges on deposit accounts	$36,580
Trading account gains and fees	$8,996
Additional Noninterest Income	$93,028
Pre-tax net operating income	$428,311
Securities gains (or losses, -)	$19
Income before extraordinary items	$328,670
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$328,670
Minority interest net income	$0
Net income	$328,670
Sale, conversion, retirement of capital stock, net	$958
Net operating income	$328,654

Cibc Bank Usa's gross interest income from loans was $1,303,994,000.
Cibc Bank Usa's net interest income from loans was $920,448,000.
Cibc Bank Usa's fee based income from loans was $36,580,000.
Cibc Bank Usa's net income from loans was $328,670,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$383,546
Provision for credit losses	$149,269
Total noninterest expense	$504,513
Salaries and employee benefits	$313,250
Premises and equipment expense	$34,601
Additional noninterest expense	$156,662
Applicable income taxes	$99,660
Net charge-offs	$53,804
Cash dividends	$0

Cibc Bank Usa's interest expense for loans was $383,546,000.
Cibc Bank Usa's payroll and benefits expense were $313,250,000.
Cibc Bank Usa's property, plant and equipment expenses $34,601,000.

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	1.0%
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	$24,787,839
Deposits held in domestic offices	$24,787,839
Deposits by Individuals, partnerships, and corporations	$23,384,572
Deposits by U.S. Government	$2
Deposits by States and political subdivisions in the U.S.	$820,426
Deposits by Commercial banks and other depository institutions in U.S.	$582,839
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$6,046,892
Demand deposits	$5,743,955
Nontransaction accounts	$18,740,947
Money market deposit accounts (MMDAs)	$14,350,998
Other savings deposits (excluding MMDAs)	$1,580,567
Total time deposits	$2,809,383
Total time and savings deposits	$19,043,884
Noninterest-bearing deposits	$7,099,203
Interest-bearing deposits	$17,688,636
Retail deposits	$22,017,713
IRAs and Keogh plan accounts	$91,752
Brokered deposits	$1,992,859
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$33,588,619
Cash & Balances due from depository institutions	$1,727,430
Interest-bearing balances	$1,554,825
Total securities	$5,171,640
Federal funds sold & reverse repurchase	$250
Net loans and leases	$22,822,017
Loan and leases loss allowance	$268,389
Trading account assets	$37,037
Bank premises and fixed assets	$182,292
Other real estate owned	$3,865
Goodwill and other intangibles	$3,031,124
All other assets	$612,964

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$33,588,619
Total Liabilities	$27,365,672
Total deposits	$24,787,839
Interest-bearing deposits	$17,688,636
Deposits held in domestic offices	$24,787,839
% insured (estimated)	$32
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$4,069
Other borrowed funds	$2,018,066
Subordinated debt	$0
All other liabilities	$555,698

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$22,822,017
Loan and leases loss allowance	$268,389
Total loans and leases (domestic)	$23,090,406
All real estate loans	$10,038,544
Real estate loans in domestic offices	$10,038,544
Construction and development loans	$991,764
Residential 1-4 family construction	$237,118
Other construction, all land development and other land	$754,646
Loans secured by nonfarm nonresidential properties	$6,080,889
Nonfarm nonresidential secured by owner-occupied properties	$2,032,656
Commercial real estate & other non-farm, non-residential	$4,048,233
Multifamily residential real estate	$1,490,930
1-4 family residential loans	$1,464,949
Farmland loans	$10,012
Loans held in foreign offices	$0
Farm loans	$7,856
Commercial and industrial loans	$8,422,594
To non-U.S. addressees	$59,867
Loans to individuals	$200,118
Credit card loans	$0
Related Plans	$178,406
Consumer Auto Loans	$21
Other loans to individuals	$21,691
All other loans & leases	$4,548,621
Loans to foreign governments and official institutions	$0
Other loans	$4,545,586
Loans to depository institutions and acceptances of other banks	$1,762
Loans not secured by real estate	$1,735,146
Loans secured by real estate to non-U.S. addressees	$105,212
Restructured Loans & leases	$97,063
Non 1-4 family restructured loans & leases	$96,738
Total loans and leases (foreign)	$0

CIBC Bank USA had $22,822,017,000 of loans outstanding in 2019. $10,038,544,000 of loans were in real estate loans. $991,764,000 of loans were in development loans. $1,490,930,000 of loans were in multifamily mortgage loans. $1,464,949,000 of loans were in 1-4 family mortgage loans. $7,856,000 of loans were in farm loans. $0 of loans were in credit card loans. $21,000 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	252	$97,811	$388,139
Nonfarm, nonresidential loans - <$100k	10	$491	$49,100
Nonfarm, nonresidential loans - $100-250k	36	$3,804	$105,667
Nonfarm, nonresidential loans - $250k-1MM	206	$93,516	$453,961
Commercial & Industrial, US addressed loans - <$1MM	1,218	$183,063	$150,298
Commercial & Industrial, US addressed loans - <$100k	575	$10,999	$19,129
Commercial & Industrial, US addressed loans - $100-250k	218	$21,688	$99,486
Commercial & Industrial, US addressed loans - $250k-1MM	425	$150,376	$353,826
Agriculture operations loans - <$1MM	1	$129	$129,000
Agriculture operations loans - $100-250k	1	$129	$129,000