Name of the lender

First Federal Bank & TrustMortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2021 to 2025

Head office: Billings, MT
Reporting agency: Office of the Comptroller of the Currency (OCC)
Legal Entity Identifier (LEI)

Figures by state (CSV)

First Federal Bank & Trust reported 234 mortgage applications in the HMDA data of 2025.

It originated 188 loans in 2025, for $67.1 million in total.

The lender filed the interest rate as “Exempt” for 186 of its 188 loans originated in 2025. This page shows no median interest rate.

This page shows no median total loan costs, because fewer than 20 loans report the amount.

It denied 5.0% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of First Federal Bank & Trust, 2025
Figure	This lender	United States
Applications	234Under 0.1% of the US total	11,766,671
Loans originated	188$67.1 million	6,827,891
Median interest rate	ExemptWhy there is no median	6.375%
Median total loan costs	Exempt	$6,413
Denial rate	5.0%	22.6%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Median interest rate, 2025Exempt

The lender filed the interest rate as “Exempt” for 186 of its 188 loans originated in 2025.

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians.

The applications, the loans originated and the denial rate on this page do not need the exempt fields.

A lender with a partial exemption can file “Exempt” in place of the interest rate, the total loan costs and some other fields. The glossary has the rule.

If a financial institution is eligible for a partial exemption for a specific transaction, then the financial institution is not required to collect, record, or report certain data points for the transaction.
Source: CFPB, A Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data (June 2022), copied on 2 Oct 2026.

Median interest rate by year: First Federal Bank & Trust and the United States

First Federal Bank & TrustUnited States

Action takenHMDA codes and labels

Records of First Federal Bank & Trust by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	188	80.3%	50.4%
2Application approved but not accepted	1	0.4%	3.1%
3Application denied	10	4.3%	15.6%
4Application withdrawn by applicant	35	15.0%	12.6%
5File closed for incompleteness	0	0.0%	5.1%
6Purchased loan	0	0.0%	11.7%
7Preapproval request denied	0	0.0%	0.4%
8Preapproval request approved but not accepted	0	0.0%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

The lender has fewer than 25 denials in 2025, so this page shows no reasons.

Loan types and purposesLoans of 2025

Applications of First Federal Bank & Trust by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	211	170	4.5%US 23.4%
FHA-insured	14	12	n/aUS 21.8%
VA-guaranteed	9	6	n/aUS 16.2%

Applications of First Federal Bank & Trust by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	169	143	76.1%
Home improvement	9	8	4.3%
Refinancing	18	14	7.4%
Cash-out refinancing	26	14	7.4%
Other purpose	12	9	4.8%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends2 states with 25 applications or more

First Federal Bank & Trust by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Montana	90	79	n/a	n/a	3.6%
Wyoming	135	103	n/a	n/a	5.5%

Counties of First Federal Bank & Trust with 50 applications or more, 2025In order of the names. The list has the 2 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Sheridan County, WY	113	86	$29.5 million	5.5%
Yellowstone County, MT	76	68	$23.3 million	1.4%

Figures by yearHMDA 2022 to 2025

First Federal Bank & Trust by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	234	188	n/a	n/a	5.0%	234
2024	n/a	n/a	n/a	n/a	n/a	n/a
2023	269	213	6.250%	$6,806	5.2%	269
2022	445	372	4.500%	$5,407	3.4%	445
2021	n/a	n/a	n/a	n/a	n/a	870

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: First Federal Bank & Trust and the United States

First Federal Bank & TrustUnited States

VA lender statisticsLoans that VA guaranteed, by month

VA-guaranteed loans of FIRST FEDERAL BANK & TRUST, Sep 2025 to Aug 2026National figures from the Department of Veterans Affairs. VA counts a loan in the month of the guarantee.
Month	All	Purchase	Cash-out refinance
August 2026	0	0	0
July 2026	1	1	0
June 2026	1	1	0
May 2026	2	1	1
April 2026	0	0	0
March 2026	0	0	0
February 2026	0	0	0
January 2026	1	1	0
December 2025	0	0	0
November 2025	0	0	0
October 2025	0	0	0
September 2025	0	0	0

IRRRL is the VA Interest Rate Reduction Refinance Loan. The VA name of the lender is "FIRST FEDERAL BANK & TRUST". Every month.

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

Bank of Bridger, N.A.Red Lodge, MT
Clearwater Federal Credit UnionMissoula, MT
Farmers State BankFlorence, MT
Hilltop National BankCasper, WY
Montana Federal Credit UnionGreat Falls, MT
Pinnacle Bank - WyomingCody, WY
Platte Valley BankScottsbluff, NE
TrailWest BankLolo, MT
Valley Financial Credit UnionBillings, MT
Western Vista Federal Credit UCheyenne, WY
WyHy Federal Credit UnionCheyenne, WY
Yellowstone BankLaurel, MT

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.
Financial Institution Lists (Office of the Comptroller of the Currency)The OCC lists of the national banks and federal savings associations that it regulates.
BankFind Suite (Federal Deposit Insurance Corporation)The FDIC search for an insured bank: its status, its offices and its regulator.

Cite this page

Page: Lender Register, "First Federal Bank & Trust mortgage rates, 2025", https://lenderregister.com/lender/254900ufc85sqd8xyu52-first-federal-bank-trust/
Lender: First Federal Bank & Trust, LEI 254900UFC85SQD8XYU52
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2021 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI. The VA figures are from the VA lender statistics.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did First Federal Bank & Trust buy from other lenders in 2025?: It reported no purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
In which states did First Federal Bank & Trust originate the most loans in 2025?: The three states with the most loans were Wyoming (103) and Montana (79). It had 25 applications or more in 2 states.
Which loan types did First Federal Bank & Trust originate in 2025?: 170 conventional, 12 FHA and 6 VA.
How did the applications of First Federal Bank & Trust change from 2022 to 2025?: It reported 445 applications in 2022 and 234 in 2025.