Lenders › Trustco Bank › Florida
Trustco 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.
Trustco Bank's 2024 HMDA record for Florida covers 2,062 applications, 1,030 of them originated, worth $244m.
Its denial rate in the state was 35.5%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 31.2%.
The median rate spread on its Florida originations was -2.4 percentage points (state median 0.3).
Applications in the state were down 26% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Trustco Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 35.5% | 29.0% | 31.2% | 24.3% |
| Median rate spread, pp | -2.4 | 0.3 | -2.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.0% | 16.4% | 0.1% | 15.6% |
| Average originated loan | $237k | $359k | $223k | $329k |
| Home purchase share | 30.3% | 62.9% | 33.3% | 57.0% |
| FHA-insured share | 0.0% | 17.7% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 9.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 30% (312)Home improvement 6% (62)Refinancing 9% (97)Cash-out refinancing 10% (108)Other purpose 44% (451)
By type
Conventional 100% (1,030)
Denial reasons as coded
Share of 596 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Orange County | 462 | 229 | $49m | 39.6% |
| Seminole County | 225 | 127 | $25m | 33.7% |
| Sarasota County | 167 | 105 | $21m | 22.7% |
| Pasco County | 163 | 78 | $32m | 14.6% |
| Hillsborough County | 156 | 72 | $20m | 29.1% |
| Volusia County | 135 | 65 | $13m | 40.9% |
| Lake County | 93 | 45 | $9.5m | 36.6% |
| Palm Beach County | 93 | 44 | $14m | 34.7% |
| Osceola County | 123 | 42 | $8.5m | 57.0% |
| Charlotte County | 67 | 38 | $8.0m | 31.6% |
| Manatee County | 70 | 36 | $10.0m | 24.5% |
| Brevard County | 58 | 35 | $7.9m | 32.1% |
| Polk County | 73 | 28 | $4.1m | 56.1% |
| Flagler County | 50 | 28 | $8.0m | 24.4% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Trustco Bank originate in Florida in 2024?
1,030 loans totalling $244m, from 2,062 applications reported for properties in Florida.
What is Trustco Bank's denial rate in Florida?
35.5% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 31.2% 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 Trustco Bank lend in most?
By originations: Orange County (229), Seminole County (127), Sarasota County (105), Pasco County (78), Hillsborough County (72).
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.