PlainLender

FCB BANKS

COLLINSVILLE, IL

FCB BANKS processed 1,990 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,554 loans with a 7.4% denial rate. Home Purchase was the primary loan purpose. Based in COLLINSVILLE, IL. The approval rate of 78.1% 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. FCB BANKS processed 1,990 HMDA-reported mortgage applications in 2024, originating 1,554 loans and denying 148 for a denial rate of 7.4% (applicants themselves withdrew 268 files before a decision). The average loan amount was $241,106 at a 7.630% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 549300L8JRY60EOROT34 from COLLINSVILLE, IL.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. FCB BANKS's 78.1% origination rate tells you how often an application turned into funded money; the 7.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,860 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.

1,990
Applications
1,554
Originated
7.4%
Denial Rate
$241,106
Avg Loan Amount
Avg Interest Rate: 7.630% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,860 1,462 135 $240,828
FHA 72 45 12 $187,778
VA 38 29 1 $390,526
USDA 20 18 0 $175,000

Top loan types — FCB BANKS

Top loan types — FCB BANKS Horizontal bar chart of the top 4 items by value (applications). Top loan types — FCB BANKS Top 4 1. Conventional 1,860 2. FHA 72 3. VA 38 4. USDA 20 Top 5 loan types by application volume at FCB BANKS (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for FCB BANKS (LEI: 549300L8JRY60EOROT34) · 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

Credit history
70
Debt-to-income ratio
65
Collateral
23
Other
22
Unverifiable information
6
Insufficient cash
6
Employment history
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,150 920 $333,130
Home Improvement 312 244 $80,705
Refinancing 239 183 $166,423
Other 205 151 $69,244
Cash-out Refinancing 84 56 $208,929

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,574 78.4% 7.2%
Black or African American 103 58.3% 20.4%
Joint 19 63.2% 15.8%
Asian 16 75.0% 6.3%
2 or more minority races 2 0.0% 50.0%
American Indian or Alaska Native 1 0.0% 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 1,646 77.3% 7.9%
Hispanic or Latino 45 64.4% 11.1%
Joint 26 73.1% 11.5%

Nearby Lenders in IL

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

GUARANTEED RATE, INC.

CHICAGO, IL

124,492 apps 62,820 originated 5.1% denied

BMO Harris Bank NA

Chicago, IL

42,165 apps 18,166 originated 29.4% denied

Mutual of Omaha Mortgage

Lombard, IL

34,393 apps 19,951 originated 20.2% denied

GUARANTEED RATE AFFINITY, LLC

CHICAGO, IL

21,826 apps 14,587 originated 6.0% denied

THE FEDERAL SAVINGS BANK

CHICAGO, IL

20,656 apps 8,146 originated 9.3% denied
Compare FCB BANKS vs GUARANTEED RATE, INC. →

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

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Frequently Asked Questions

How many mortgage applications did FCB BANKS process?
FCB BANKS processed 1,990 mortgage applications in the 2023 HMDA reporting year. Of these, 1,554 were originated (approved and funded), 268 were withdrawn by the applicant, and 148 were denied.
What is FCB BANKS's mortgage approval rate?
FCB BANKS has an approval (origination) rate of 78.1%, meaning 78.1% of all applications resulted in a funded mortgage. The denial rate is 7.4%.
What is the average loan amount at FCB BANKS?
The average mortgage loan amount at FCB BANKS is $241,106. The average interest rate is 7.630%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at FCB BANKS?
The most common reasons for mortgage denial at FCB BANKS are: Credit history, Debt-to-income ratio, Collateral. In total, 148 applications were denied out of 1,990 total applications.
What types of mortgage loans does FCB BANKS offer?
FCB BANKS processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,860 applications and an average loan amount of $240,828.
What loan purposes does FCB BANKS serve?
FCB BANKS serves the following loan purposes: Home Purchase (1,150 applications), Home Improvement (312 applications), Refinancing (239 applications), Other (205 applications), Cash-out Refinancing (84 applications). Home Purchase is the most common purpose.
Where is FCB BANKS located?
FCB BANKS is headquartered in COLLINSVILLE, IL. The lender is identified by LEI 549300L8JRY60EOROT34 in HMDA data.
How does FCB BANKS compare in lending across racial demographics?
FCB BANKS reports demographic lending data under HMDA requirements. White applicants have an approval rate of 78.4% and denial rate of 7.2%; Black or African American applicants have an approval rate of 58.3% and denial rate of 20.4%; Joint applicants have an approval rate of 63.2% and denial rate of 15.8%. 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.