# First Central Savings Bank

> **Canonical URL:** https://saferate.com/lenders/first-central-savings-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


First Central Savings Bank is a bank, headquartered in Glen Cove, NY, serving borrowers across 17 states, with 252 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 99% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300F1COXL6UBFCP55
- **Headquarters:** Glen Cove, NY
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** CO, DE, FL, GA, IN, MA, MN, MS, ND, NH, NJ, NY, OH, PA, TN, TX, VA
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 86.2%
- **Brokered/Wholesale:** 13.8%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 1/100
- Rating: ●○○○○ (1/5)

### Pull Through: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +1.453%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $5,448
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 252
- **Dollar Volume:** $147 million
- **Applications Received:** 276
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $583,651
- **Average Borrower Income:** $206,060
- **Average Property Value:** $894,405

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 46/100 | 240 | +1.448% | $5,388 | Sound ☺️ |
| Jumbo | 42/100 | 12 | +1.619% | $7,275 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 230 loans, Score: 48/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 48/100 | 242 | $140M | +1.448% | Sound ☺️ |
| Refinance | 20/100 | 10 | $7M | +1.576% | Mediocre 😐 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 218 | 0.19% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New York | NY-NJ | 192 | 78/100 |
| Nassau County | NY | 26 | 55/100 |

## Frequently Asked Questions

### What loan types does First Central Savings Bank offer?

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

### Where does First Central Savings Bank offer mortgages?

First Central Savings Bank offers mortgages in 17 states: CO, DE, FL, GA, IN, MA, MN, MS, ND, NH, NJ, NY, OH, PA, TN, TX, VA.

### How competitive are First Central Savings Bank's mortgage rates?

First Central Savings Bank has a pricing score of 1/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.453% above market average.

### What type of lender is First Central Savings Bank?

First Central Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Glen Cove, NY.

### What is First Central Savings Bank's loan approval success rate?

First Central Savings Bank has a pull-through score of 60/100 (Strong). 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/first-central-savings-bank

### How to Cite

> "First Central Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-central-savings-bank

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