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American Savings Bank

HONOLULU, HI

American Savings Bank processed 1,879 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 993 loans with a 37.3% denial rate. Home Purchase was the primary loan purpose. Based in HONOLULU, HI. The approval rate of 52.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. American Savings Bank's 52.8% origination rate tells you how often an application turned into funded money; the 37.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,844 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,879
Applications
993
Originated
37.3%
Denial Rate
$376,107
Avg Loan Amount
Avg Interest Rate: 6.748% Avg Applicant Income: $41,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,844 968 696 $370,358
VA 30 23 2 $740,000
FHA 5 2 2 $313,000

Top loan types - American Savings Bank

Top loan types - American Savings Bank Horizontal bar chart of the top 3 items by value (applications). Top loan types - American Savings Bank Top 3 1. Conventional 1,844 2. VA 30 3. FHA 5 Top 5 loan types by application volume at American Savings Bank (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for American Savings Bank (LEI: 549300BES7HNVKCDIM50) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
416
Collateral
243
Credit history
163
Other
66
Credit application incomplete
44
Unverifiable information
28
Employment history
7
Insufficient cash
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 594 449 $651,296
Other 560 209 $215,696
Home Improvement 480 207 $212,500
Refinancing 138 77 $384,130
Cash-out Refinancing 107 51 $411,542

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
Asian 857 54.6% 35.1%
White 286 48.6% 42.0%
Joint 223 60.1% 30.0%
Native Hawaiian or Other Pacific Islander 120 45.0% 46.7%
2 or more minority races 101 58.4% 35.6%
American Indian or Alaska Native * 11 54.5% 27.3%
Black or African American * 9 22.2% 77.8%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,421 54.0% 36.0%
Joint 90 54.4% 35.6%
Hispanic or Latino 65 44.6% 49.2%

Nearby Lenders in HI

Other HMDA-reporting lenders in HI with similar activity. Compare any two side-by-side.

Bank of Hawaii

Honolulu, HI

2,715 apps 1,212 originated 36.6% denied

First Hawaiian Bank

HONOLULU, HI

2,271 apps 1,256 originated 23.6% denied

Hawaiiusa FCU

HONOLULU, HI

1,128 apps 417 originated 39.5% denied

Hawaii State Federal Credit Union

Honolulu, HI

1,084 apps 659 originated 27.6% denied

Central Pacific Bank

Honolulu, HI

1,068 apps 487 originated 35.5% denied
Compare American Savings Bank vs Bank of Hawaii →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did American Savings Bank process?
American Savings Bank processed 1,879 mortgage applications in the 2024 HMDA reporting year. Of these, 993 were originated (approved and funded), 153 were withdrawn by the applicant, and 700 were denied.
What is American Savings Bank's mortgage approval rate?
American Savings Bank has an approval (origination) rate of 52.8%, meaning 52.8% of all applications resulted in a funded mortgage. The denial rate is 37.3%.
What is the average loan amount at American Savings Bank?
The average mortgage loan amount at American Savings Bank is $376,107. The average interest rate is 6.748%. The average applicant income is $41,000.
What are the most common reasons for mortgage denial at American Savings Bank?
The most common reasons for mortgage denial at American Savings Bank are: Debt-to-income ratio, Collateral, Credit history. In total, 700 applications were denied out of 1,879 total applications.
What types of mortgage loans does American Savings Bank offer?
American Savings Bank processes Conventional, VA, FHA loans. The most common type is Conventional with 1,844 applications and an average loan amount of $370,358.
What loan purposes does American Savings Bank serve?
American Savings Bank serves the following loan purposes: Home Purchase (594 applications), Other (560 applications), Home Improvement (480 applications), Refinancing (138 applications), Cash-out Refinancing (107 applications). Home Purchase is the most common purpose.
Where is American Savings Bank located?
American Savings Bank is headquartered in HONOLULU, HI. The lender is identified by LEI 549300BES7HNVKCDIM50 in HMDA data.
How does American Savings Bank compare in lending across racial demographics?
American Savings Bank reports demographic lending data under HMDA requirements. Asian applicants have an approval rate of 54.6% and denial rate of 35.1%; White applicants have an approval rate of 48.6% and denial rate of 42.0%; Joint applicants have an approval rate of 60.1% and denial rate of 30.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.