PEOPLESTRUST BANK
HAMILTON, AL
PEOPLESTRUST BANK processed 87 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 77 loans with a 9.2% denial rate. Refinancing was the primary loan purpose. Based in HAMILTON, AL. The approval rate of 88.5% 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. PEOPLESTRUST BANK processed 87 HMDA-reported mortgage applications in 2024, originating 77 loans and denying 8 for a denial rate of 9.2%. The average loan amount was $125,345. The lender reports under LEI 549300OS6U8YWYOKJP92 from HAMILTON, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PEOPLESTRUST BANK's 88.5% origination rate tells you how often an application turned into funded money; the 9.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (87 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.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 87 | 77 | 8 | $125,345 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for PEOPLESTRUST BANK (LEI: 549300OS6U8YWYOKJP92) · 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 Approval rates exclude withdrawn / incomplete applications.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 | 41 | 41 | $128,902 |
| Home Purchase | 40 | 30 | $131,500 |
| Other | 4 | 4 | $57,500 |
| Home Improvement | 2 | 2 | $65,000 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 70 | 88.6% | 10.0% |
| Black or African American | 2 | 50.0% | 50.0% |
| American Indian or Alaska Native | 1 | 100.0% | 0.0% |
| Asian | 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 | 71 | 88.7% | 9.9% |
| Hispanic or Latino | 3 | 66.7% | 33.3% |
Nearby Lenders in AL
Other HMDA-reporting lenders in AL with similar activity. Compare any two side-by-side.
REGIONS BANK
BIRMINGHAM, AL
CSL Financial LLC
Birmingham, AL
REDSTONE FEDERAL CREDIT UNION
HUNTSVILLE, AL
TJC MORTGAGE INC
BIRMINGHAM, AL
ALL IN CREDIT UNION
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Mortgage Lending Guides
Frequently Asked Questions
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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.