Baltimore-based CFG Financial institution (CFGB) Tuesday was acknowledged as a Prime Mortgage Producer, ranked third within the business lender with property totaling greater than $1 billion class, by Impartial Banker, the journal of the Impartial Neighborhood Bankers of America (ICBA).

CFG Financial institution’s recognition, which rose from its 16th place rating final yr, relies on the energy of its aggressive banking providers and operational efficiencies all through 2021.

ICBA’s annual Prime Mortgage Producers checklist demonstrates the energy of non-public connections to create a pathway for fulfillment as agricultural, business, and client and mortgage lenders. It showcases the significance of sound and environment friendly banking practices and their native data and experience in adapting to shifting market dynamics and evolving buyer wants.

The annual checklist is based mostly on the energy of operational efficiencies and aggressive banking providers to calculate a lender rating for every financial institution, utilizing FDIC information from 2021. This rating combines the common of the financial institution’s percentile for lending focus and mortgage development over the previous yr in every lending class and asset dimension, which is adjusted for mortgage charge-offs at sure percentile thresholds.