Lenders › The Federal Savings Bank › Georgia
The Federal Savings Bank in Georgia
HMDA record for properties in Georgia, calendar year 2024. National record · Georgia 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 Georgia, The Federal Savings Bank reported 1,195 applications and 350 originations for 2024, $119m in all.
Its denial rate in the state was 25.7%, close to the Georgia rate of 26.9% across all lenders and compared with the lender's national rate of 18.6%.
The median rate spread on its Georgia originations was 0.2 percentage points (state median 0.4).
Applications in the state were down 16% on 2023.
Compared with the state and the lender's national record
| Measure | In Georgia | Georgia, all lenders | The Federal Savings Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.7% | 26.9% | 18.6% | 24.3% |
| Median rate spread, pp | 0.2 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 2.6% | 17.5% | 7.3% | 15.6% |
| Average originated loan | $339k | $313k | $371k | $329k |
| Home purchase share | 18.3% | 57.0% | 46.9% | 57.0% |
| FHA-insured share | 14.3% | 18.3% | 16.1% | 13.4% |
| VA-guaranteed share | 71.4% | 11.6% | 46.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateGeorgia, all lenders
Loan purpose and loan type in Georgia
By purpose
Home purchase 18% (64)Home improvement 1% (4)Refinancing 3% (11)Cash-out refinancing 76% (266)Other purpose 1% (5)
By type
Conventional 14% (50)FHA 14% (50)VA 71% (250)
Denial reasons as coded
Share of 126 denials in Georgia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Georgia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Fulton County | 87 | 22 | $8.8m | 33.3% |
| Henry County | 82 | 22 | $8.3m | 42.1% |
| Gwinnett County | 78 | 22 | $7.2m | 27.3% |
| Cobb County | 42 | 17 | $6.1m | — |
| Chatham County | 44 | 15 | $4.0m | — |
| Columbia County | 29 | 13 | $4.7m | — |
| Houston County | 34 | 12 | $3.8m | — |
| DeKalb County | 72 | 9 | $2.6m | — |
| Clayton County | 38 | 9 | $3.0m | — |
| Liberty County | 32 | 9 | $2.4m | — |
| Cherokee County | 25 | 9 | $3.8m | — |
| Richmond County | 32 | 7 | $2.1m | — |
| Newton County | 30 | 7 | $2.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did The Federal Savings Bank originate in Georgia in 2024?
350 loans totalling $119m, from 1,195 applications reported for properties in Georgia.
What is The Federal Savings Bank's denial rate in Georgia?
25.7% of decided applications in Georgia were denied, against 26.9% 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 Georgia counties does The Federal Savings Bank lend in most?
By originations: Fulton County (22), Henry County (22), Gwinnett County (22), Cobb County (17), Chatham County (15).
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 Georgia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.