Whatcom Educational Credit Union in Washington vs the state
18.5%Denial rate+2.80 pts vs state
22.7%Decision denial rate+3.11 pts vs state
62.3%Origination rate+1.23 pts vs state
7.25%Median rate+0.63 pts vs state
0.04Rate spread (pts)-0.15 pts vs state
$129kMedian applicant income
1,016Loans originated
301Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,281 | 811 | 17.6% | 8.00% | #50 |
| 2024 | 1,432 | 925 | 19.4% | 8.25% | #43 |
| 2025 | 1,631 | 1,016 | 18.5% | 7.25% | #42 |
What Whatcom Educational Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Whatcom Educational Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Whatcom County | 1,287 | 828 | 219 | 17.0% |
| Skagit County | 153 | 95 | 29 | 19.0% |
| Snohomish County | 52 | 25 | 14 | 26.9% |
| King County | 40 | 20 | 10 | 25.0% |
| Pierce County | 24 | 12 | 7 | 29.2% |
| Island County | 16 | 10 | 4 | 25.0% |
| Thurston County | 14 | 6 | 5 | 35.7% |
| Spokane County | 8 | 5 | 1 | 12.5% |
| Clallam County | 6 | 3 | 2 | 33.3% |
| Kitsap County | 5 | 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: 1,631 applications in 2025, of which 1,016 were originated and 301 denied.
18.5% of all applications, or 22.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Whatcom Educational Credit Union originated in Washington in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Whatcom Educational 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