LEI 549300Z8UWZMQ33WI653 · Mount Vernon, IA
Mount Vernon Bank and Trust Company
Denial sits in the lower fleet tercile at 0.8% across 128 HMDA applications, fewer outright refusals than the bulk of the corpus.
Denial tercile vs fleet
Mount Vernon Bank and Trust Company posts a 0.8% denial rate, below the fleet's lower tercile (~5.61%) - across 128 applications with 124 originations. Volume rank is still not origination-share rank.
- n/a
- Below 1,000-app share board
- 96.9%
- Origination share
- 124
- Originated
- 0.8%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
128 reported applications
Where Mount Vernon Bank and Trust Company sits by reported originations
2024 CFPB HMDA reporting lenders, bucketed by originated-loan count
124 47th percentile higher than 47% of 4,908 reporting lenders
Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year
Loan types by applications · Mount Vernon Bank and Trust…
Application volume by HMDA loan type in this lender's 2024 book.
Mid-volume reporter. Mount Vernon Bank and Trust Company's 96.9% origination rate and 0.8% denial rate sit on a mid-tercile originated book (124 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Program weight concentrates in Conventional (128 applications).
How to read Mount Vernon Bank and Trust Company. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.
Lending activity by loan program · Mount Vernon Bank and Trust…
Mount Vernon Bank and Trust Company filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 128 | 124 | 1 | $147,891 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Mount Vernon Bank and Trust Company (LEI: 549300Z8UWZMQ33WI653) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Why borrowers applied
Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 55 | 53 | $182,273 |
| Refinancing | 30 | 29 | $211,667 |
| Home Improvement | 23 | 22 | $34,565 |
| Other | 16 | 16 | $43,125 |
| Cash-out Refinancing | 4 | 4 | $267,500 |
Reported outcomes by applicant race
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 110 | 96.4% | 0.9% |
Reported outcomes by applicant ethnicity
Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 110 | 96.4% | 0.9% |
Nearby Lenders in IA
Other HMDA-reporting lenders in IA with similar activity. Compare any two side-by-side.
One of 131 other HMDA-reporting lenders in IA, 5 are shown here.
Greenstate Credit Union
NORTH LIBERTY, IA
Veridian Credit Union
WATERLOO, IA
Iowa Bankers Mortgage Corporation
JOHNSTON, IA
Dupaco Community Credit Union
DUBUQUE, IA
Hills Bank and Trust Company
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Read with Mount Vernon Bank and Trust Company
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Mount Vernon Bank and Trust Company (LEI 549300Z8UWZMQ33WI653), from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024). See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.