PlainLender

RCB BANK

CLAREMORE, OK

RCB BANK processed 847 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 603 loans with a 10.3% denial rate. Home Purchase was the primary loan purpose. Based in CLAREMORE, OK. The approval rate of 71.2% 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. RCB BANK processed 847 HMDA-reported mortgage applications in 2024, originating 603 loans and denying 87 for a denial rate of 10.3% (applicants themselves withdrew 138 files before a decision). The average loan amount was $203,808 at a 7.012% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 2549007W5PWUV8XG3V90 from CLAREMORE, OK.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. RCB BANK's 71.2% origination rate tells you how often an application turned into funded money; the 10.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (753 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.

847
Applications
603
Originated
10.3%
Denial Rate
$203,808
Avg Loan Amount
Avg Interest Rate: 7.012% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 753 533 74 $205,823
FHA 71 50 11 $177,254
VA 18 16 2 $240,000
USDA 5 4 0 $147,000

Top loan types — RCB BANK

Top loan types — RCB BANK Horizontal bar chart of the top 4 items by value (applications). Top loan types — RCB BANK Top 4 1. Conventional 753 2. FHA 71 3. VA 18 4. USDA 5 Top 5 loan types by application volume at RCB BANK (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 RCB BANK (LEI: 2549007W5PWUV8XG3V90) · 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

Debt-to-income ratio
40
Credit history
28
Collateral
16
Other
5
Insufficient cash
3
Unverifiable information
2
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 546 402 $244,963
Cash-out Refinancing 101 62 $166,287
Refinancing 77 59 $126,688
Home Improvement 73 52 $91,164
Other 50 28 $113,400

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 543 69.8% 11.8%
Joint 66 66.7% 6.1%
American Indian or Alaska Native 46 65.2% 8.7%
Asian 17 58.8% 5.9%
Black or African American 13 61.5% 15.4%
2 or more minority races 2 100.0% 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 624 67.8% 11.4%
Hispanic or Latino 30 76.7% 13.3%
Joint 20 80.0% 5.0%

Nearby Lenders in OK

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

ARVEST BANK

TULSA, OK

20,066 apps 12,946 originated 16.2% denied

MidFirst Bank

Oklahoma City, OK

14,527 apps 1,920 originated 2.8% denied

GATEWAY FIRST BANK

JENKS, OK

13,103 apps 8,366 originated 4.3% denied

FINANCE OF AMERICA REVERSE LLC

TULSA, OK

12,910 apps 8,638 originated 8.3% denied

BOKF NA

TULSA, OK

11,220 apps 5,852 originated 27.4% denied
Compare RCB BANK vs ARVEST BANK →

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

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did RCB BANK process?
RCB BANK processed 847 mortgage applications in the 2023 HMDA reporting year. Of these, 603 were originated (approved and funded), 138 were withdrawn by the applicant, and 87 were denied.
What is RCB BANK's mortgage approval rate?
RCB BANK has an approval (origination) rate of 71.2%, meaning 71.2% of all applications resulted in a funded mortgage. The denial rate is 10.3%.
What is the average loan amount at RCB BANK?
The average mortgage loan amount at RCB BANK is $203,808. The average interest rate is 7.012%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at RCB BANK?
The most common reasons for mortgage denial at RCB BANK are: Debt-to-income ratio, Credit history, Collateral. In total, 87 applications were denied out of 847 total applications.
What types of mortgage loans does RCB BANK offer?
RCB BANK processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 753 applications and an average loan amount of $205,823.
What loan purposes does RCB BANK serve?
RCB BANK serves the following loan purposes: Home Purchase (546 applications), Cash-out Refinancing (101 applications), Refinancing (77 applications), Home Improvement (73 applications), Other (50 applications). Home Purchase is the most common purpose.
Where is RCB BANK located?
RCB BANK is headquartered in CLAREMORE, OK. The lender is identified by LEI 2549007W5PWUV8XG3V90 in HMDA data.
How does RCB BANK compare in lending across racial demographics?
RCB BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 69.8% and denial rate of 11.8%; Joint applicants have an approval rate of 66.7% and denial rate of 6.1%; American Indian or Alaska Native applicants have an approval rate of 65.2% and denial rate of 8.7%. 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.