MCNB BANK AND TRUST CO

WELCH, WV

MCNB BANK AND TRUST CO processed 44 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 36 loans with a 9.1% denial rate. Home Purchase was the primary loan purpose. Based in WELCH, WV. The approval rate of 81.8% 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. MCNB BANK AND TRUST CO processed 44 HMDA-reported mortgage applications in 2024, originating 36 loans and denying 4 for a denial rate of 9.1%. The average loan amount was $170,909. The lender reports under LEI 549300JRZJXS01TP9N73 from WELCH, WV.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. MCNB BANK AND TRUST CO's 81.8% origination rate tells you how often an application turned into funded money; the 9.1% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (44 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.

44
Applications
36
Originated
9.1%
Denial Rate
$170,909
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 44 36 4 $170,909

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for MCNB BANK AND TRUST CO (LEI: 549300JRZJXS01TP9N73) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 19 15 $169,211
Cash-out Refinancing 11 8 $117,727
Home Improvement 6 5 $165,000
Refinancing 4 4 $465,000
Other 4 4 $40,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 31 87.1% 6.5%
Black or African American 1 0.0% 100.0%
Joint 1 0.0% 100.0%

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 34 82.3% 11.8%

Nearby Lenders in WV

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did MCNB BANK AND TRUST CO process?
MCNB BANK AND TRUST CO processed 44 mortgage applications in the 2023 HMDA reporting year. Of these, 36 were originated (approved and funded), and 4 were denied.
What is MCNB BANK AND TRUST CO's mortgage approval rate?
MCNB BANK AND TRUST CO has an approval (origination) rate of 81.8%, meaning 81.8% of all applications resulted in a funded mortgage. The denial rate is 9.1%.
What is the average loan amount at MCNB BANK AND TRUST CO?
The average mortgage loan amount at MCNB BANK AND TRUST CO is $170,909.
What types of mortgage loans does MCNB BANK AND TRUST CO offer?
MCNB BANK AND TRUST CO processes Conventional loans. The most common type is Conventional with 44 applications and an average loan amount of $170,909.
What loan purposes does MCNB BANK AND TRUST CO serve?
MCNB BANK AND TRUST CO serves the following loan purposes: Home Purchase (19 applications), Cash-out Refinancing (11 applications), Home Improvement (6 applications), Refinancing (4 applications), Other (4 applications). Home Purchase is the most common purpose.
Where is MCNB BANK AND TRUST CO located?
MCNB BANK AND TRUST CO is headquartered in WELCH, WV. The lender is identified by LEI 549300JRZJXS01TP9N73 in HMDA data.
How does MCNB BANK AND TRUST CO compare in lending across racial demographics?
MCNB BANK AND TRUST CO reports demographic lending data under HMDA requirements. White applicants have an approval rate of 87.1% and denial rate of 6.5%; Black or African American applicants have an approval rate of 0.0% and denial rate of 100.0%; Joint applicants have an approval rate of 0.0% and denial rate of 100.0%. 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.