PEOPLES BANIK OF GREENSBORO

GREENSBORO, AL

PEOPLES BANIK OF GREENSBORO processed 42 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 42 loans with a 0.0% denial rate. Refinancing was the primary loan purpose. Based in GREENSBORO, AL. The approval rate of 100.0% 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. PEOPLES BANIK OF GREENSBORO processed 42 HMDA-reported mortgage applications in 2024, originating 42 loans and denying 0 for a denial rate of 0.0%. The average loan amount was $105,476 at a 7.685% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 2549009ACXPW8YN9HB36 from GREENSBORO, AL.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PEOPLES BANIK OF GREENSBORO's 100.0% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (42 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.

42
Applications
42
Originated
0.0%
Denial Rate
$105,476
Avg Loan Amount
Avg Interest Rate: 7.685% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 42 42 0 $105,476

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for PEOPLES BANIK OF GREENSBORO (LEI: 2549009ACXPW8YN9HB36) · 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
Refinancing 19 19 $75,000
Home Purchase 18 18 $159,444
Home Improvement 4 4 $32,500
Other 1 1 $5,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 28 100.0% 0.0%
Black or African American 12 100.0% 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 40 100.0% 0.0%

Nearby Lenders in AL

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did PEOPLES BANIK OF GREENSBORO process?
PEOPLES BANIK OF GREENSBORO processed 42 mortgage applications in the 2023 HMDA reporting year. Of these, 42 were originated (approved and funded), and 0 were denied.
What is PEOPLES BANIK OF GREENSBORO's mortgage approval rate?
PEOPLES BANIK OF GREENSBORO has an approval (origination) rate of 100.0%, meaning 100.0% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at PEOPLES BANIK OF GREENSBORO?
The average mortgage loan amount at PEOPLES BANIK OF GREENSBORO is $105,476. The average interest rate is 7.685%. The average applicant income is $32,000.
What types of mortgage loans does PEOPLES BANIK OF GREENSBORO offer?
PEOPLES BANIK OF GREENSBORO processes Conventional loans. The most common type is Conventional with 42 applications and an average loan amount of $105,476.
What loan purposes does PEOPLES BANIK OF GREENSBORO serve?
PEOPLES BANIK OF GREENSBORO serves the following loan purposes: Refinancing (19 applications), Home Purchase (18 applications), Home Improvement (4 applications), Other (1 applications). Refinancing is the most common purpose.
Where is PEOPLES BANIK OF GREENSBORO located?
PEOPLES BANIK OF GREENSBORO is headquartered in GREENSBORO, AL. The lender is identified by LEI 2549009ACXPW8YN9HB36 in HMDA data.
How does PEOPLES BANIK OF GREENSBORO compare in lending across racial demographics?
PEOPLES BANIK OF GREENSBORO reports demographic lending data under HMDA requirements. White applicants have an approval rate of 100.0% and denial rate of 0.0%; Black or African American applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.