PlainLender

The Farmers Savings Bank

Spencer, OH

The Farmers Savings Bank processed 68 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 65 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in Spencer, OH. The approval rate of 95.6% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. The Farmers Savings Bank's 95.6% 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 (68 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.

68
Applications
65
Originated
0.0%
Denial Rate
$200,735
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 68 65 0 $200,735

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for The Farmers Savings Bank (LEI: 5493003JPO4OLRGNJI77) · 2024 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 Approval rates exclude withdrawn / incomplete applications.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 41 38 $236,707
Refinancing 16 16 $184,375
Home Improvement 9 9 $99,444
Other 2 2 $50,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 67 95.5% 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 65 95.4% 0.0%
Joint * 2 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in OH

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

Us Bank, N.A.

CINCINNATI, OH

202,480 apps 74,512 originated 26.8% denied

Crosscountry Mortgage, LLC

Cleveland, OH

157,258 apps 101,894 originated 2.4% denied

JPMorgan Chase Bank, NA

Columbus, OH

150,113 apps 80,744 originated 8.1% denied

Huntington National Bank

Columbus, OH

99,675 apps 52,025 originated 28.8% denied

Fifth Third Bank, National Association

Cincinnati, OH

64,220 apps 30,494 originated 23.9% denied
Compare The Farmers Savings Bank vs Us Bank, N.A. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did The Farmers Savings Bank process?
The Farmers Savings Bank processed 68 mortgage applications in the 2024 HMDA reporting year. Of these, 65 were originated (approved and funded), 2 were withdrawn by the applicant, and 0 were denied.
What is The Farmers Savings Bank's mortgage approval rate?
The Farmers Savings Bank has an approval (origination) rate of 95.6%, meaning 95.6% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at The Farmers Savings Bank?
The average mortgage loan amount at The Farmers Savings Bank is $200,735.
What types of mortgage loans does The Farmers Savings Bank offer?
The Farmers Savings Bank processes Conventional loans. The most common type is Conventional with 68 applications and an average loan amount of $200,735.
What loan purposes does The Farmers Savings Bank serve?
The Farmers Savings Bank serves the following loan purposes: Home Purchase (41 applications), Refinancing (16 applications), Home Improvement (9 applications), Other (2 applications). Home Purchase is the most common purpose.
Where is The Farmers Savings Bank located?
The Farmers Savings Bank is headquartered in Spencer, OH. The lender is identified by LEI 5493003JPO4OLRGNJI77 in HMDA data.
How does The Farmers Savings Bank compare in lending across racial demographics?
The Farmers Savings Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 95.5% 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.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.