Abbott Laboratories Employees Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
54th8.8% deniedProcesswithdrawn + incomplete share, weight 15%
7th28.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 257 | 146 | 9.0% | 13.5% | — | $52M |
| 2024 | 299 | 142 | 10.7% | 18.4% | — | $61M |
| 2025 | 647 | 423 | 6.3% | 8.8% | — | $100M |
What Abbott Laboratories Employees Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 8 investment properties.
Who gets approved at Abbott Laboratories Employees Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 10 | 37.5% |
| $50k – $100k | 78 | 43 | 15.7% |
| $100k – $150k | 139 | 87 | 9.4% |
| $150k – $250k | 211 | 147 | 6.4% |
| Over $250k | 189 | 135 | 5.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 54 | 27 | 20.6% |
| 35–44 | 157 | 103 | 8.9% |
| 45–54 | 193 | 127 | 8.6% |
| 55–64 | 141 | 101 | 6.5% |
| 65–74 | 78 | 53 | 5.4% |
| Over 74 | 20 | 12 | 7.7% |
Where Abbott Laboratories Employees Credit Union lends
22 states and 81 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 460 | 308 | 5.0% | — | #139 |
| Wisconsin | 103 | 72 | 9.7% | — | #253 |
| Ohio | 25 | 14 | 8.0% | — | #500 |
| California | 10 | 7 | 20.0% | — | #734 |
| Florida | 8 | 5 | 12.5% | — | #964 |
| Minnesota | 8 | 4 | 25.0% | — | #489 |
| Massachusetts | 5 | 2 | 0.0% | — | #524 |
Frequently asked questions
Abbott Laboratories Employees Credit Union denied 8.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 54th percentile of small mortgage lenders.
In 2025, 22% of its applications were for home purchases, 20% for refinancing (including cash-out), and 58% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.