Washington State Employees Credit Union in Washington vs the state
42.0%Denial rate+26.39 pts vs state
45.9%Decision denial rate+26.34 pts vs state
49.2%Origination rate-11.88 pts vs state
7.24%Median rate+0.62 pts vs state
0.65Rate spread (pts)+0.46 pts vs state
$132kMedian applicant income
2,088Loans originated
1,785Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,541 | 2,103 | 40.2% | 7.74% | #7 |
| 2024 | 4,054 | 1,928 | 42.0% | 7.89% | #12 |
| 2025 | 4,246 | 2,088 | 42.0% | 7.24% | #14 |
What Washington State Employees Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Washington State Employees Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Thurston County | 1,187 | 687 | 395 | 33.3% |
| King County | 649 | 305 | 291 | 44.8% |
| Pierce County | 609 | 253 | 314 | 51.6% |
| Spokane County | 329 | 188 | 117 | 35.6% |
| Snohomish County | 309 | 127 | 149 | 48.2% |
| Lewis County | 250 | 114 | 116 | 46.4% |
| Yakima County | 182 | 79 | 90 | 49.5% |
| Mason County | 107 | 55 | 44 | 41.1% |
| Grays Harbor County | 84 | 44 | 30 | 35.7% |
| Whitman County | 75 | 46 | 19 | 25.3% |
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: 4,246 applications in 2025, of which 2,088 were originated and 1,785 denied.
42.0% of all applications, or 45.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Washington State Employees Credit Union originated in Washington in 2025 was 7.24%, against a statewide median of 6.63%.
About this data. Figures are Washington State Employees 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