# Exchange Bank

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


Exchange Bank is a bank, headquartered in Kearney, NE, serving borrowers across 8 states, with 261 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 14% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 16% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 2549004ZRHLORHQ9LT73
- **Headquarters:** Kearney, NE
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** AK, AZ, CA, IA, KS, NE, NV, TX
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 86/100
- Rating: ●●●●● (5/5)

### Pull Through: Exceptional 🤩
- Score: 84/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** -0.172%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,126
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 261
- **Dollar Volume:** $58 million
- **Applications Received:** 310
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $222,165
- **Average Borrower Income:** $118,425
- **Average Property Value:** $276,992

## Safe Rate Awards 🏆

- 💎 **VA Diamond Champion** (84%)
- 💎 **Purchase Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 174 | +0.023% | $976 | Strong 😀 |
| VA | 75/100 | 86 | -0.634% | $1,482 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 149 loans, Score: 60/100 (Strong)
- Refinance: 25 loans, Score: 41/100 (Sound)

**VA:**
- Purchase: 86 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 65/100 | 236 | $54M | -0.200% | Strong 😀 |
| Refinance | 39/100 | 25 | $4M | +0.107% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| KS | 181 | 0.60% | 83/100 |
| NE | 73 | 0.34% | 67/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Manhattan, KS | KS | 117 | 97/100 |
| Non |  | 106 | 58/100 |
| Grand Island, NE | NE | 19 | 63/100 |
| Lincoln, NE | NE | 11 | 45/100 |

## Where This Lender Ranks

Exchange Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Kansas
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders)
- 🥇 **#1** in Kansas Banks
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/banks)
- 🥇 **#1** in Manhattan, KS
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders)
- 🥇 **#1** in Manhattan, KS Banks
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/banks)
- 🥇 **#1** in Manhattan, KS for Conventional Loans
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Manhattan, KS for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Manhattan, KS for VA Loans
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Manhattan, KS for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Kansas for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Kansas for Conventional Loans
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Kansas for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/banks/conventional-loans)
- 🥉 **#3** in Kansas for VA Loans
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/va-loans)
- 🏆 **#4** in Grand Island, NE for Conventional Loans
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/conventional-loans)
- 🏆 **#4** in Grand Island, NE for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#7** in Nebraska Banks
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/banks)
- 🏆 **#8** in Nebraska
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders)
- 🏆 **#8** in Nebraska for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Nebraska for Conventional Loans
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/conventional-loans)
- 🏆 **#10** in Lincoln, NE for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#11** in Lincoln, NE for Conventional Loans
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Exchange Bank offer?

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

### Where does Exchange Bank offer mortgages?

Exchange Bank offers mortgages in 8 states: AK, AZ, CA, IA, KS, NE, NV, TX.

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

Exchange Bank has a pricing score of 86/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.172% below market average.

### What type of lender is Exchange Bank?

Exchange Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Kearney, NE.

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

Exchange Bank has a pull-through score of 84/100 (Exceptional). 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/exchange-bank

### How to Cite

> "Exchange Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/exchange-bank

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