# 1st Summit Bank

> **Canonical URL:** https://saferate.com/lenders/1st-summit-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


1st Summit Bank is a bank, headquartered in Johnstown, PA, serving borrowers across 2 states, with 137 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 25% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493009HFRW3TN5NRR78
- **Headquarters:** Johnstown, PA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** MD, PA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 75/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.243%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $304
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 137
- **Dollar Volume:** $27 million
- **Applications Received:** 203
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $193,759
- **Average Borrower Income:** $115,131
- **Average Property Value:** $265,511

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 136 | +0.243% | $304 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 119 loans, Score: 60/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 58/100 | 120 | $25M | +0.213% | Sound ☺️ |
| Refinance | 26/100 | 17 | $1M | +0.430% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| PA | 135 | 0.11% | 73/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Johnstown, PA | PA | 73 | 95/100 |
| Non |  | 33 | 43/100 |
| Pittsburgh, PA | PA | 24 | 57/100 |

## Where This Lender Ranks

1st Summit Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Johnstown, PA for Conventional Loans
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Johnstown, PA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#4** in Johnstown, PA
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders)
- 🏆 **#4** in Johnstown, PA Banks
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does 1st Summit Bank offer?

1st Summit Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does 1st Summit Bank offer mortgages?

1st Summit Bank offers mortgages in 2 states: MD, PA.

### How competitive are 1st Summit Bank's mortgage rates?

1st Summit Bank has a pricing score of 75/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.243% above market average.

### What type of lender is 1st Summit Bank?

1st Summit Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Johnstown, PA.

### What is 1st Summit Bank's loan approval success rate?

1st Summit Bank has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/1st-summit-bank

### How to Cite

> "1st Summit Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/1st-summit-bank

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