# Bankers' Bank

> **Canonical URL:** https://saferate.com/lenders/bankers-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


Bankers' Bank is a bank, headquartered in Madison, WI, serving borrowers across 8 states, with 336 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 45% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 50% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300EES32R2VOEK894
- **Headquarters:** Madison, WI
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** IA, IL, IN, KS, MI, MO, OH, WI
- **Markets (MSAs):** 7
- **Primary Channel:** wholesale
- **Direct Origination:** 0%
- **Brokered/Wholesale:** 100%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 50/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.224%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,443
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 336
- **Dollar Volume:** $76 million
- **Applications Received:** 477
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $224,911
- **Average Borrower Income:** $165,131
- **Average Property Value:** $334,018

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 58/100 | 319 | +0.203% | $1,430 | Sound ☺️ |
| USDA | 49/100 | 14 | +0.874% | $1,838 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 236 loans, Score: 57/100 (Sound)
- Refinance: 83 loans, Score: 51/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 56/100 | 252 | $56M | +0.244% | Sound ☺️ |
| Refinance | 48/100 | 84 | $19M | +0.168% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 163 | 0.25% | 73/100 |
| IL | 54 | 0.04% | 58/100 |
| IA | 34 | 0.10% | 54/100 |
| IN | 33 | 0.04% | 52/100 |
| MI | 18 | 0.02% | 46/100 |
| KS | 15 | 0.05% | 47/100 |
| OH | 14 | 0.01% | 42/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 182 | 66/100 |
| St. Louis, MO | MO-IL | 35 | 58/100 |
| Sheboygan, WI | WI | 17 | 56/100 |
| Indianapolis | IN | 15 | 46/100 |
| Madison, WI | WI | 13 | 46/100 |
| Milwaukee | WI | 11 | 43/100 |
| Omaha, NE | NE-IA | 11 | 44/100 |

## Where This Lender Ranks

Bankers' Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Sheboygan, WI for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/sheboygan-wi/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Bankers' Bank offer?

Bankers' Bank offers the following mortgage loan types: Conventional, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Bankers' Bank offer mortgages?

Bankers' Bank offers mortgages in 8 states: IA, IL, IN, KS, MI, MO, OH, WI.

### How competitive are Bankers' Bank's mortgage rates?

Bankers' Bank has a pricing score of 55/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.224% above market average.

### What type of lender is Bankers' Bank?

Bankers' Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Madison, WI.

### What is Bankers' Bank's loan approval success rate?

Bankers' Bank has a pull-through score of 50/100 (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/bankers-bank

### How to Cite

> "Bankers' Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bankers-bank

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