# Peoples State Bank

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


Peoples State Bank is a bank, headquartered in Wausau, WI, serving borrowers across 6 states, with 178 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 11% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300RBWA4J4QTPSY69
- **Headquarters:** Wausau, WI
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** MI, MN, MO, NC, SC, WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 89/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.025%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $461
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 178
- **Dollar Volume:** $50 million
- **Applications Received:** 256
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $279,101
- **Average Borrower Income:** $153,152
- **Average Property Value:** $437,921

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 59/100 | 175 | -0.030% | $461 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 133 loans, Score: 56/100 (Sound)
- Refinance: 42 loans, Score: 58/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 56/100 | 136 | $41M | -0.027% | Sound ☺️ |
| Refinance | 58/100 | 42 | $9M | -0.017% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 169 | 0.26% | 76/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 85 | 57/100 |
| Wausau, WI | WI | 61 | 75/100 |
| Milwaukee | WI | 23 | 54/100 |

## Where This Lender Ranks

Peoples State Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Wausau, WI Banks
  - [View Full Rankings](https://saferate.com/wausau-wi/best-mortgage-lenders/banks)
- 🥉 **#3** in Wausau, WI for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wausau-wi/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#4** in Wausau, WI
  - [View Full Rankings](https://saferate.com/wausau-wi/best-mortgage-lenders)
- 🏆 **#6** in Wausau, WI for Conventional Loans
  - [View Full Rankings](https://saferate.com/wausau-wi/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in Wisconsin for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Wisconsin Banks
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does Peoples State Bank offer?

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

### Where does Peoples State Bank offer mortgages?

Peoples State Bank offers mortgages in 6 states: MI, MN, MO, NC, SC, WI.

### How competitive are Peoples State Bank's mortgage rates?

Peoples State Bank has a pricing score of 89/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.025% below market average.

### What type of lender is Peoples State Bank?

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

### What is Peoples State Bank's loan approval success rate?

Peoples State Bank has a pull-through score of 52/100 (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/peoples-state-bank

### How to Cite

> "Peoples State Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/peoples-state-bank

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