Applications / Mortgage Analytics / Lenders / Connecticut / The Milford Bank
Milford, CT · Savings institution · FDIC · $644 million assets · 112 loans in 2025
The Milford Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
112
loans originated, 2025
154
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
The Milford Bank, a Connecticut savings bank, has been making fewer home loans each year since 2022, though it is gaining a little ground in Bridgeport-Stamford-Danbury.
It made 112 loans in 2025, against 185 in 2022 and 243 in 2020. The latest fall, 7%, came while similar lenders (savings institutions making between half and twice as many loans) grew 7% and the whole market 10%. Yet the money it lent rose, to $45.6 million from $39.4 million, as its typical loan grew to $255,000 from $205,000. It may simply be making fewer, larger loans.
Its typical rate was 6.00%, against 6.50% at similar lenders, among the lowest of them. None of its loans was higher-priced (a rate well above the average for similar loans), against 1.4% at similar lenders. Every loan was conventional. Jumbo loans (larger than the conforming limit) made up 15.4% of its loans, against 2.6% at similar lenders.
In New Haven, its largest market since 1992, it ranks 53 of 392 lenders, but its share fell to 0.5% from 0.7%, which may simply follow its smaller total lending. In Bridgeport-Stamford-Danbury its share rose to 0.2% from 0.1%.
Some 10.7% of its loans went to tracts where most residents belong to minority groups, up from 5.8% in 2024 and above the 5.6% of similar lenders, more than about six in ten of them.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. The Milford Bank took 154 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 40.2% · Refinance 33.9% · Home improvement 14.3% · Other 11.6%
Conventional 100.0% · of 112 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 |
|---|---|---|
| Connecticut | 112 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| New Haven | 76 |
| Bridgeport-Stamford-Danbury | 34 |
| Norwich-New London-Willimantic | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300M6EHOPLD2SFD66 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 258306 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 316101 | 1992–2017 |
Established 1 January 1872. Reported under HMDA 1992-2025.
Mergers, name changes, data editions and corrections: The Milford Bank's data.
The Milford Bank's data
$215
The Milford 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 The Milford 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]