# Union Savings Bank

> **Canonical URL:** https://saferate.com/lenders/union-savings-bank-ct


> **📋 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


Union Savings Bank is a bank, headquartered in Danbury, CT, serving borrowers across 2 states, with 214 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 26% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 33% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 1VUZZZCW0TWP6R7N3Z33
- **Headquarters:** Danbury, CT
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** CT, NY
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 74/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.260%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,056
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 214
- **Dollar Volume:** $114 million
- **Applications Received:** 285
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $532,336
- **Average Borrower Income:** $207,734
- **Average Property Value:** $872,944

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 174 | -0.243% | $988 | Sound ☺️ |
| Jumbo | 73/100 | 38 | -0.377% | $1,419 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 143 loans, Score: 50/100 (Sound)
- Refinance: 31 loans, Score: 49/100 (Sound)

**Jumbo:**
- Purchase: 28 loans, Score: 72/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 52/100 | 172 | $90M | -0.255% | Sound ☺️ |
| Refinance | 53/100 | 42 | $24M | -0.279% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CT | 209 | 0.61% | 80/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Bridgeport | CT | 139 | 88/100 |
| Waterbury | CT | 30 | 64/100 |
| Non |  | 21 | 33/100 |
| Hartford | CT | 16 | 50/100 |

## Where This Lender Ranks

Union Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Bridgeport
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders)
- 🏆 **#6** in Bridgeport Banks
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks)
- 🏆 **#6** in Waterbury Banks
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks)
- 🏆 **#8** in Waterbury
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders)
- 🏆 **#9** in Bridgeport for Jumbo Loans
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Bridgeport for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#10** in Waterbury for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#11** in Connecticut Banks
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks)
- 🏆 **#12** in Connecticut for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#12** in Bridgeport for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in Connecticut
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders)
- 🏆 **#17** in Connecticut for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in Connecticut for Jumbo Loans
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/jumbo-loans)
- 🏆 **#20** in Bridgeport for Conventional Loans
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Union Savings Bank offer?

Union 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 Union Savings Bank offer mortgages?

Union Savings Bank offers mortgages in 2 states: CT, NY.

### How competitive are Union Savings Bank's mortgage rates?

Union Savings Bank has a pricing score of 74/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.260% below market average.

### What type of lender is Union Savings Bank?

Union Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Danbury, CT.

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

Union Savings Bank has a pull-through score of 67/100 (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/union-savings-bank-ct

### How to Cite

> "Union Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/union-savings-bank-ct

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