A rise after a long fall
It made 123 loans in 2025, up from 107, a rise of 15%. Similar lenders (state member banks making between half and twice as many loans) grew 8%. The rise follows a long slide: it made 382 loans in 2018.
Applications / Mortgage Analytics / Lenders / New York / Alden State Bank
Alden State Bank
Alden, NY · State member bank · FRS · $448 million assets · 123 loans in 2025
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123
loans originated, 2025
147
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Alden State Bank, a small bank in the Buffalo-Cheektowaga market, is lending more after years of decline and winning a slightly larger share of its home market.
More of Buffalo
In Buffalo-Cheektowaga, where it has lent since at least 1990, its share rose from 0.4% to 0.6%. That ranked it 34 of 267. United Wholesale Mortgage and M&T Bank lead the market.
Small loans for many purposes
Refinances made up 39.8% of its loans and purchases 32.5%; home improvement and other purposes took the rest. All were conventional. Its typical loan was $135,000, against $175,000 at similar lenders, smaller than at about four in five of them.
Fewer loans in poorer neighborhoods
Poorer neighborhoods (low- and moderate-income, or LMI, tracts) took 4.1% of its loans, against 16.4% at similar lenders. Five years earlier they took 21.3%. Its share of LMI borrowers, 27.2%, was about the same as peers'. With 123 loans in seven counties, a small shift in where it lends can move the figure a long way. Fewer loans in the counties with more such neighborhoods, or where its customers live, may also explain it.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
123 loans in 2025, against a peak of 382 in 2018.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Alden State Bank took 147 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
39.8% of its 2025 loans were refinance loans; all were conventional loans.
Refinance 39.8% · Purchase 32.5% · Home improvement 13.8% · Other 13.8%
Conventional 100.0% · of 123 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
1 state, 2 metros, 7 counties
| State | Loans | Share |
|---|---|---|
| New York | 123 | 100.0% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Buffalo-Cheektowaga | 89 |
| Rochester | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493007D8SNLKCBE4P48 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 414102 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2414102 | 1990–2017 |
Established 5 October 1916. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Alden State Bank's data.
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