The Federal Savings Bank in Washington vs the state
9.2%Denial rate-6.47 pts vs state
20.1%Decision denial rate+0.60 pts vs state
34.7%Origination rate-26.41 pts vs state
6.25%Median rate-0.38 pts vs state
0.15Rate spread (pts)-0.04 pts vs state
$103kMedian applicant income
219Loans originated
58Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 744 | 260 | 10.6% | 6.44% | #66 |
| 2024 | 588 | 197 | 10.5% | 6.25% | #84 |
| 2025 | 632 | 219 | 9.2% | 6.25% | #86 |
What The Federal Savings Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most The Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 141 | 51 | 6 | 4.3% |
| King County | 67 | 22 | 5 | 7.5% |
| Snohomish County | 63 | 24 | 4 | 6.3% |
| Spokane County | 51 | 18 | 6 | 11.8% |
| Thurston County | 43 | 13 | 5 | 11.6% |
| Kitsap County | 38 | 15 | 8 | 21.1% |
| Clark County | 33 | 10 | 2 | 6.1% |
| Yakima County | 20 | 9 | 5 | 25.0% |
| Island County | 19 | 7 | 1 | 5.3% |
| Whatcom County | 17 | 6 | 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: 632 applications in 2025, of which 219 were originated and 58 denied.
9.2% of all applications, or 20.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans The Federal Savings Bank originated in Washington in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are The Federal Savings Bank'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