Applications / Mortgage Analytics / Lenders / Michigan / Eastern Michigan Bank
Croswell, MI · State member bank · FRS · $572 million assets · 43 loans in 2025
Eastern Michigan Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
43
loans originated, 2025
50
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Eastern Michigan Bank, a Croswell, Michigan bank that has reported since 1990, lends more in poorer neighborhoods than most of its peers; it made 43 conventional loans in 2025, 22% fewer than in 2024.
Its loans fell from 55 to 43, while similar lenders (state member banks making between half and twice as many loans) typically grew 6%. Its fall was steeper than at about four in five of them. Its record peaked at 219 loans in 2020. Since 2022 it has made between 39 and 55 a year. With so few loans, one year's change can be large.
Its lending came to $7.0 million, against $16.7 million at similar lenders, among the lowest tenth. Fewer and smaller loans may explain that. Its typical loan rose to $155,000 from $75,000 but stayed below peers' $185,000. Refinances made up 46.5% of its loans and home purchases 39.5%.
Of its loans, 21.4% were in low- and moderate-income (LMI) areas, against 17.4% at similar lenders, more than about three in five of them. Its share to LMI borrowers, 24.3%, was near peers' 23.7%. It made none in majority-minority areas, where peers made 7.3%; the four counties it lends in may explain that.
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
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Eastern Michigan Bank took 50 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 46.5% · Purchase 39.5% · Other 9.3% · Home improvement 4.7%
Conventional 100.0% · of 43 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
| State | Loans | Share |
|---|---|---|
| Michigan | 43 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Warren-Troy-Farmington Hills | 22 |
| Lansing-East Lansing | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300ZATTFRM57YVB31 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 643340 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2643340 | 1990–2017 |
Established 4 December 1895. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Eastern Michigan Bank's data.
Eastern Michigan Bank's data
$215
Eastern Michigan Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Eastern Michigan Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]