Red Canoe Credit Union in Washington vs the state
9.7%Denial rate-5.95 pts vs state
12.6%Decision denial rate-6.95 pts vs state
65.6%Origination rate+4.50 pts vs state
7.50%Median rate+0.88 pts vs state
0.51Rate spread (pts)+0.32 pts vs state
$105kMedian applicant income
453Loans originated
67Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 639 | 430 | 5.2% | 7.49% | #76 |
| 2024 | 726 | 418 | 12.4% | 7.75% | #74 |
| 2025 | 691 | 453 | 9.7% | 7.50% | #80 |
What Red Canoe Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Red Canoe Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cowlitz County | 384 | 255 | 36 | 9.4% |
| Pierce County | 97 | 67 | 5 | 5.2% |
| Clark County | 48 | 31 | 5 | 10.4% |
| King County | 39 | 18 | 7 | 17.9% |
| Lewis County | 36 | 21 | 8 | 22.2% |
| Wahkiakum County | 23 | 17 | 2 | 8.7% |
| Kitsap County | 10 | 6 | 0 | 0.0% |
| Snohomish County | 8 | 7 | 0 | 0.0% |
| Thurston County | 8 | 6 | 1 | 12.5% |
| Spokane County | 8 | 4 | 0 | 0.0% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 691 applications in 2025, of which 453 were originated and 67 denied.
9.7% of all applications, or 12.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Red Canoe Credit Union originated in Washington in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Red Canoe Credit Union's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology