Lenders › First Ciitizens Bank and Trust › Virginia
First Ciitizens Bank and Trust in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia 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 Virginia, First Ciitizens Bank and Trust reported 1,116 applications and 762 originations for 2024, $180m in all.
Its denial rate in the state was 23.3%, close to the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 23.5%.
The median rate spread on its Virginia originations was -1.7 percentage points (state median 0.3).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | First Ciitizens Bank and Trust, all states | United States |
|---|---|---|---|---|
| Denial rate | 23.3% | 22.1% | 23.5% | 24.3% |
| Median rate spread, pp | -1.7 | 0.3 | -1.6 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.4% | 16.5% | 0.7% | 15.6% |
| Average originated loan | $236k | $352k | $394k | $329k |
| Home purchase share | 22.4% | 55.8% | 29.7% | 57.0% |
| FHA-insured share | 1.8% | 11.7% | 2.2% | 13.4% |
| VA-guaranteed share | 0.3% | 16.4% | 0.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 22% (171)Home improvement 30% (229)Refinancing 29% (218)Cash-out refinancing 1% (10)Other purpose 18% (134)
By type
Conventional 98% (745)FHA 2% (14)VA 0% (2)USDA 0% (1)
Denial reasons as coded
Share of 242 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Roanoke County | 75 | 54 | $12m | 19.4% |
| Pittsylvania County | 62 | 45 | $6.3m | 23.7% |
| Albemarle County | 62 | 42 | $12m | 23.7% |
| Chesterfield County | 58 | 42 | $12m | 23.2% |
| Bedford County | 61 | 37 | $11m | 29.8% |
| Roanoke city | 58 | 37 | $9.4m | 28.1% |
| Henrico County | 48 | 37 | $8.1m | 19.1% |
| Mecklenburg County | 45 | 33 | $6.4m | 16.3% |
| Danville city | 44 | 27 | $3.4m | 23.7% |
| Rockingham County | 29 | 26 | $6.5m | 7.1% |
| Lynchburg city | 29 | 21 | $5.5m | 22.2% |
| Franklin County | 27 | 20 | $6.5m | 15.4% |
| Richmond city | 31 | 19 | $8.7m | 36.7% |
| Fairfax County | 29 | 19 | $5.5m | — |
| Botetourt County | 28 | 19 | $4.7m | 20.0% |
| Montgomery County | 27 | 18 | $3.9m | 23.1% |
| Augusta County | 36 | 16 | $2.6m | 41.9% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did First Ciitizens Bank and Trust originate in Virginia in 2024?
762 loans totalling $180m, from 1,116 applications reported for properties in Virginia.
What is First Ciitizens Bank and Trust's denial rate in Virginia?
23.3% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 23.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Virginia counties does First Ciitizens Bank and Trust lend in most?
By originations: Roanoke County (54), Pittsylvania County (45), Albemarle County (42), Chesterfield County (42), Bedford County (37).
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 Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.