PlainLender

CNB Bank

Clearfield, PA

CNB Bank processed 2,186 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,682 loans with a 11.6% denial rate. Home Purchase was the primary loan purpose. Based in Clearfield, PA. The approval rate of 76.9% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. CNB Bank processed 2,186 HMDA-reported mortgage applications in 2024, originating 1,682 loans and denying 254 for a denial rate of 11.6% (applicants themselves withdrew 135 files before a decision). The average loan amount was $229,053 at a 7.618% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 549300NBFK4GO76FTE84 from Clearfield, PA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CNB Bank's 76.9% origination rate tells you how often an application turned into funded money; the 11.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,186 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.

2,186
Applications
1,682
Originated
11.6%
Denial Rate
$229,053
Avg Loan Amount
Avg Interest Rate: 7.618% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,186 1,682 254 $229,053

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for CNB Bank (LEI: 549300NBFK4GO76FTE84) · 2023 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
144
Credit history
77
Collateral
44
Other
33
Credit application incomplete
14
Employment history
9
Unverifiable information
8
Insufficient cash
6

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 726 528 $367,369
Home Improvement 575 463 $100,687
Other 477 367 $142,841
Refinancing 400 317 $266,175
Cash-out Refinancing 8 7 $187,500

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,716 78.3% 11.2%
Black or African American 29 41.4% 44.8%
Asian 11 63.6% 18.2%
Joint 7 85.7% 0.0%
2 or more minority races 1 0.0% 0.0%
American Indian or Alaska Native 1 0.0% 100.0%
Native Hawaiian or Other Pacific Islander 1 100.0% 0.0%

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 1,729 77.8% 11.9%
Joint 12 91.7% 8.3%
Hispanic or Latino 9 44.4% 33.3%

Nearby Lenders in PA

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

NEWREZ LLC

FORT WASHINGTON, PA

248,242 apps 52,121 originated 11.5% denied

PNC BANK N.A.

Pittsburgh, PA

127,108 apps 56,830 originated 25.4% denied

SPRING EQ, LLC

RADNOR, PA

104,263 apps 31,186 originated 54.8% denied

NVR MORTGAGE FINANCE, INC.

PITTSBURGH, PA

23,698 apps 17,311 originated 17.1% denied

FIRST NATIONAL BANK OF PA

PITTSBURGH, PA

22,946 apps 13,057 originated 25.0% denied
Compare CNB Bank vs NEWREZ LLC →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did CNB Bank process?
CNB Bank processed 2,186 mortgage applications in the 2023 HMDA reporting year. Of these, 1,682 were originated (approved and funded), 135 were withdrawn by the applicant, and 254 were denied.
What is CNB Bank's mortgage approval rate?
CNB Bank has an approval (origination) rate of 76.9%, meaning 76.9% of all applications resulted in a funded mortgage. The denial rate is 11.6%.
What is the average loan amount at CNB Bank?
The average mortgage loan amount at CNB Bank is $229,053. The average interest rate is 7.618%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at CNB Bank?
The most common reasons for mortgage denial at CNB Bank are: Debt-to-income ratio, Credit history, Collateral. In total, 254 applications were denied out of 2,186 total applications.
What types of mortgage loans does CNB Bank offer?
CNB Bank processes Conventional loans. The most common type is Conventional with 2,186 applications and an average loan amount of $229,053.
What loan purposes does CNB Bank serve?
CNB Bank serves the following loan purposes: Home Purchase (726 applications), Home Improvement (575 applications), Other (477 applications), Refinancing (400 applications), Cash-out Refinancing (8 applications). Home Purchase is the most common purpose.
Where is CNB Bank located?
CNB Bank is headquartered in Clearfield, PA. The lender is identified by LEI 549300NBFK4GO76FTE84 in HMDA data.
How does CNB Bank compare in lending across racial demographics?
CNB Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 78.3% and denial rate of 11.2%; Black or African American applicants have an approval rate of 41.4% and denial rate of 44.8%; Asian applicants have an approval rate of 63.6% and denial rate of 18.2%. 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.