At a glance
From its website, read 2 Nov 2026The Cleveland State Bank is a bank or thrift based in Cleveland, Mississippi. Its website describes home mortgages. Where it lends: Cleveland, Bolivar County and Grenada, MS. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.clevelandstatebank.com |
| Office (official list) | P.O. Box 1000, Cleveland, MS 38732 |
What their website says about applying
To apply for a Cleveland State Bank Visa credit card click here.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Home mortgages | Term: see their wording | Most balloon terms are 5 years. | source |
| Home mortgages | Term: see their wording | Fixed-rate mortgages are available for 30 years, 25 years, 20 years, 15 years, and even 10 years. | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Income limit applies
There are income limits and there is a 2% non-refundable guarantee fee paid at closing.
source - Collateral required
Home equity lines of credit require that you use your home as collateral.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 19 Oct 2026 |
| RSSD ID | 12142 |
| Address | P.O. Box 1000, Cleveland, MS 38732 Directions to the main office (Google Maps) |
| Website | www.clevelandstatebank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Pages describe mortgage products but state no loan amounts, and the business loan menu item has no supporting page. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Home mortgages | — | Fixed-rate mortgages are available for 30 years, 25 years, 20 years, 15 years, and even 10 years. | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Cleveland, Bolivar County and Grenada, MS
Cleveland/Grenada State Bank is a community bank serving the areas of Cleveland, Bolivar County and Grenada, MS.
source
Counties this matches: Bolivar County, MS, Grenada County, MS
Borrower focus
- Low- and moderate-income / underserved
This program is designed for low to moderate income borrowers.
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply now
source
Pages read (7)
- https://clevelandstatebank.com/
- https://clevelandstatebank.com/loans/fixed-rate-mortgages/
- https://clevelandstatebank.com/loans/fixed-rate-mortgages/guaranteed-rural-housing-program-usda-rural-development/
- https://clevelandstatebank.com/services/credit-card/
- https://clevelandstatebank.com/loans/mortgage-loans/
- https://clevelandstatebank.com/loans/balloon-mortgages/
- https://clevelandstatebank.com/loans/home-equity-lines-of-credit/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you offer down-payment help, and is a homebuyer education course required?
CDFI home loans often come with homebuyer education or down-payment help; their website does not say. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$7.3 million in 10 awards from the U.S. Treasury's CDFI Fund, 2016–2024 (Bank Enterprise Award Program; CDFI Equitable Recovery Program; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Bank Enterprise Award Program | $280,369 |
| 2023 | Bank Enterprise Award Program | $351,431 |
| 2022 | CDFI Equitable Recovery Program | $3,718,258 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2019 | Bank Enterprise Award Program | $245,547 |
| 2018 | Bank Enterprise Award Program | $233,244 |
| 2017 | Bank Enterprise Award Program | $233,389 |
| 2016 | Bank Enterprise Award Program | $15,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as The Cleveland State Bank (FDIC cert 12201). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $340.2 million (as of 30 Jun 2026) |
|---|---|
| Offices | 4 (as of 30 Oct 2026) |
Offices by state and county (4)
Mississippi (4 offices)
- Bolivar County (3): 110 Commerce Ave, Cleveland 38732 (main office); 1418 College St, Cleveland 38732; 201 S. Dr. Martin Luther King Street, Merigold 38759
- Grenada County (1): 229 Sunset Dr, Grenada 38901
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by The Cleveland State Bank (RSSD 12142, FDIC cert 12201). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $179 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 5.0% from $170.5 million on 30 Jun 2025 |
| Total assets | $340.2 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $58.9 million | 32.9% |
| Home equity lines of credit | $2.1 million | 1.2% |
| Commercial real estate, construction and multifamily | $37.5 million | 20.9% |
| Commercial and industrial (business) loans | $53.5 million | 29.9% |
| Farmland and farm production loans | $10.1 million | 5.7% |
| Consumer loans (credit cards, auto, other) | $17 million | 9.5% |
| All other loans and leases | $2,000 | <0.1% |
Within consumer loans: auto loans $5.1 million.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 30 loans $1.2 million | 78 loans $2 million |
| $100,001 to $250,000 | 23 loans $2.7 million | 48 loans $5.9 million |
| $250,001 to $1 million | 20 loans $6.8 million | 52 loans $16.4 million |
| All small business loans | 73 loans $10.6 million | 178 loans $24.4 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 2 loans $54,000 | 7 loans $267,000 |
| $100,001 to $250,000 | 2 loans $298,000 | 4 loans $368,000 |
| $250,001 to $500,000 | 3 loans $1 million | 3 loans $465,000 |
| All small farm loans | 7 loans $1.4 million | 14 loans $1.1 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $340.2 million | Larger than 35% of the 82 other certified banks and bank holding companies in Mississippi (median $427 million). |
| Loans as a share of assets | 53% | Median of the same 82 banks and bank holding companies: 62%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $170.5 million → $179 million (+5%) | Median change of 82 other certified banks and bank holding companies in Mississippi: +9%. Rank by loans held among these 83: 53 → 57. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies in Mississippi | 82 | larger than 35% |
| Loans held then vs now | certified banks and bank holding companies in Mississippi reporting both dates | 82 | rank 53 → 57 of 83 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
Other certified CDFIs in Cleveland and Mississippi
- Cleveland State Bancorp, Inc.Bank holding company · Cleveland, MSOfficial list only
- BANK OF BROOKHAVENBank or thrift · Brookhaven, MSAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Small-business loansVerified
- BANKPLUSBank or thrift · Belzoni, MSCredit-builder loans, Home mortgages, Personal / consumer loans, Small-business loansVerified
- Bancorp Of Okolona, INcBank holding company · Okolona, MSVerified
- Bank of AnguillaBank or thrift · Anguilla, MSAgriculture / farm loans, Auto / vehicle loans, Commercial real estate loans, Equipment loans…Verified
- Bank of CommerceBank or thrift · Greenwood, MSAgriculture / farm loans, Auto / vehicle loans, Credit-builder loans, Home repair / improvement loans…Verified
Work at The Cleveland State Bank? Link to this page
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