LEI 549300W2DSERWC01YR18 · MONTGOMERY, NY
Walden Savings Bank
Denial sits in the lower fleet tercile at 3.6% across 250 HMDA applications, fewer outright refusals than the bulk of the corpus.
Denial tercile vs fleet
Walden Savings Bank posts a 3.6% denial rate, below the fleet's lower tercile (~5.61%) - across 250 applications with 175 originations. Leading cited denial reason: debt-to-income ratio. Volume rank is still not origination-share rank.
- n/a
- Below 1,000-app share board
- 70.0%
- Origination share
- 175
- Originated
- 3.6%
- 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
250 reported applications
Where Walden Savings Bank sits by reported originations
2024 CFPB HMDA reporting lenders, bucketed by originated-loan count
175 Top 45% higher than 55% 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 · Walden Savings Bank
Application volume by HMDA loan type in this lender's 2024 book.
Cited denial reasons · Walden Savings Bank
Lender-reported HMDA denial-reason counts (top reasons shown).
Mid-volume reporter. Walden Savings Bank's 70.0% origination rate and 3.6% denial rate sit on a mid-tercile originated book (175 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Most-cited denial codes: Debt-to-income ratio, Credit history, Unverifiable information. Program weight concentrates in Conventional (250 applications).
How to read Walden Savings Bank. 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 · Walden Savings Bank
Walden Savings Bank 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 | 250 | 175 | 9 | $363,920 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Walden Savings Bank (LEI: 549300W2DSERWC01YR18) · 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 | 140 | 98 | $461,214 |
| Home Improvement | 54 | 39 | $164,074 |
| Other | 35 | 23 | $95,286 |
| Cash-out Refinancing | 18 | 15 | $265,556 |
| Refinancing | 3 | 0 | $3,145,000 |
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 | 192 | 70.3% | 3.1% |
| Asian * | 8 | 62.5% | 0.0% |
| Joint * | 6 | 50.0% | 0.0% |
| American Indian or Alaska Native * | 5 | 20.0% | 20.0% |
| Black or African American * | 3 | 100.0% | 0.0% |
| 2 or more minority races * | 1 | 0.0% | 100.0% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
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 | 168 | 68.5% | 3.6% |
| Hispanic or Latino * | 27 | 59.3% | 7.4% |
| Joint * | 10 | 80.0% | 0.0% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Nearby Lenders in NY
Other HMDA-reporting lenders in NY with similar activity. Compare any two side-by-side.
One of 193 other HMDA-reporting lenders in NY, 5 are shown here.
Citibank, NA
New York, NY
M&T Bank
BUFFALO, NY
Loan Funder LLC
New York, NY
Bethpage Federal Credit Union
BETHPAGE, NY
Better Mortgage Corporation
New York, NY
Read with Walden Savings Bank
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Walden Savings Bank (LEI 549300W2DSERWC01YR18), 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.