Bank
Covenant Bank
Covenant Bank was an FDIC-insured, full-service commercial bank headquartered in Doylestown, Pennsylvania, offering banking solutions including mortgages and financial management for small businesses and non-profit organizations; it was formerly known as Milestone Bank and merged into Citizens & Northern Bank in 2020.
Key Statistics
As of June 2026, public records show Covenant Bank has originated approximately $3.0M in loan volume over the past 12 months, with an average loan size of $384k.
Volume (12mo)
$3.0M
Avg Loan Size
$384k
Total Mortgages
272
Total Borrowers
206
Lending Entities
Covenant Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
270 mortgages recorded
+4 more entities not shown
Geography
Covenant Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 1
Volume (12mo): $1.6M
Total Volume: $2.0M
Mortgages (12mo): 1
Volume (12mo): $675k
Total Volume: $675k
Mortgages (12mo): 1
Volume (12mo): $710k
Total Volume: $710k
Top Borrowers
The following individuals have the most recorded mortgage transactions with Covenant Bank. Click on a borrower to view their full investor profile.
+203 more borrowers not shown
FAQ
What type of lender is Covenant Bank?
Covenant Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. The majority of their loans (53%) are for business purposes.
What entities does Covenant Bank fund loans under?
Covenant Bank originates mortgages through 5 different lending entities. The most common include Milestone Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is Covenant Bank most active?
Based on recorded mortgages, Covenant Bank is most active in Georgia, New York, and Massachusetts.
How many loans has Covenant Bank originated?
Public records show 272 mortgages recorded for Covenant Bank, with $3.0M in volume over the past 12 months.
What is the average loan size for Covenant Bank?
The average mortgage size for Covenant Bank is $384k based on all recorded mortgages.
Does Covenant Bank offer short-term loans?
Covenant Bank primarily offers long-term financing, with only 30% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.