The Shelby State Bank
The Shelby State Bank received 105 applications in 2025 and made 70 mortgages, in 9 counties across 1 state. The median rate its borrowers got was Not published on a median loan of $155,000. Of 94 decisions, 14 were denials — 14.9%.
| Legal Entity Identifier | 254900LUVSH5K254AU10 |
|---|---|
| Applications received | 105 |
| Mortgages made | 70 |
| Denied | 14 |
| Approved, not taken up | 10 |
| Withdrawn or incomplete | 11 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | Not published |
| FDIC-insured bank | Yes: The Shelby State Bank, 9 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 29 | Not published | $175,000 | 12.8% |
| Refinancing | 26 | Not published | $155,000 | 3.3% |
| Cash-out refinancing | 7 | Under 10 loans | Under 10 loans | 46.2% |
| Other purposes | 8 | Under 10 loans | Under 10 loans | 16.7% |
Where The Shelby State Bank lends most
The 9 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Oceana County, MI | 24 | Not published | 24.3% |
| Muskegon County, MI | 23 | Not published | 6.5% |
| Mason County, MI | 10 | Not published | 16.7% |
| Newaygo County, MI | 4 | Under 10 loans | 0.0% |
| Ottawa County, MI | 4 | Under 10 loans | 0.0% |
| Manistee County, MI | 2 | Under 10 loans | 33.3% |
| Genesee County, MI | 1 | Under 10 loans | 0.0% |
| Kent County, MI | 1 | Under 10 loans | 0.0% |
| St. Joseph County, MI | 1 | Under 10 loans | 0.0% |
Get told when this changes
When The Shelby State Bank’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.