Lenders › The Federal Savings Bank › Florida
The Federal Savings Bank in Florida
HMDA record for properties in Florida, calendar year 2024. National record · Florida overview
HMDA data alone cannot be used 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. Cells under 25 applications are withheld.
In Florida, The Federal Savings Bank reported 1,092 applications and 391 originations for 2024, $153m in all.
Its denial rate in the state was 21.0%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 18.6%.
The median rate spread on its Florida originations was 0.3 percentage points (state median 0.3).
Applications in the state were down 27% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | The Federal Savings Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 21.0% | 29.0% | 18.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.0% | 16.4% | 7.3% | 15.6% |
| Average originated loan | $391k | $359k | $371k | $329k |
| Home purchase share | 43.0% | 62.9% | 46.9% | 57.0% |
| FHA-insured share | 13.0% | 17.7% | 16.1% | 13.4% |
| VA-guaranteed share | 50.4% | 9.5% | 46.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 43% (168)Home improvement 1% (4)Refinancing 2% (7)Cash-out refinancing 52% (203)Other purpose 2% (9)
By type
Conventional 37% (143)FHA 13% (51)VA 50% (197)
Denial reasons as coded
Share of 107 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Broward County | 96 | 35 | $17m | 30.0% |
| Miami-Dade County | 75 | 27 | $11m | 19.4% |
| Orange County | 48 | 24 | $11m | 11.1% |
| Hillsborough County | 83 | 22 | $9.7m | 23.3% |
| Palm Beach County | 48 | 20 | $7.7m | 20.0% |
| Sarasota County | 38 | 20 | $8.5m | — |
| St. Lucie County | 34 | 17 | $5.4m | — |
| Duval County | 49 | 16 | $5.2m | 24.0% |
| Pinellas County | 28 | 15 | $5.9m | — |
| Lee County | 43 | 14 | $5.0m | — |
| Clay County | 28 | 14 | $5.0m | — |
| Polk County | 37 | 13 | $4.2m | — |
| Brevard County | 54 | 12 | $4.3m | — |
| Volusia County | 33 | 12 | $3.6m | — |
| Manatee County | 26 | 12 | $4.5m | — |
| Lake County | 29 | 8 | $2.6m | — |
| Pasco County | 38 | 6 | $3.1m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did The Federal Savings Bank originate in Florida in 2024?
391 loans totalling $153m, from 1,092 applications reported for properties in Florida.
What is The Federal Savings Bank's denial rate in Florida?
21.0% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 18.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Florida counties does The Federal Savings Bank lend in most?
By originations: Broward County (35), Miami-Dade County (27), Orange County (24), Hillsborough County (22), Palm Beach County (20).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Florida. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.