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State Employees Credit Union of Maryland in Maryland
HMDA record for properties in Maryland, calendar year 2024. National record · Maryland overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Maryland, State Employees Credit Union of Maryland reported 5,266 applications and 2,312 originations for 2024, $435m in all.
Its denial rate in the state was 49.2%, above the Maryland rate of 24.9% across all lenders and compared with the lender's national rate of 48.2%.
The median rate spread on its Maryland originations was 0.2 percentage points (state median 0.3).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Maryland | Maryland, all lenders | State Employees Credit Union of Maryland, all states | United States |
|---|---|---|---|---|
| Denial rate | 49.2% | 24.9% | 48.2% | 24.3% |
| Median rate spread, pp | 0.2 | 0.3 | 0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.9% | 17.7% | 1.2% | 15.6% |
| Average originated loan | $188k | $348k | $224k | $329k |
| Home purchase share | 19.8% | 56.2% | 22.5% | 57.0% |
| FHA-insured share | 2.3% | 14.6% | 2.3% | 13.4% |
| VA-guaranteed share | 0.1% | 10.0% | 0.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMaryland, all lenders
Loan purpose and loan type in Maryland
By purpose
Home purchase 20% (458)Home improvement 4% (88)Refinancing 5% (111)Cash-out refinancing 21% (494)Other purpose 50% (1,161)
By type
Conventional 97% (2,254)FHA 2% (54)VA 0% (3)USDA 0% (1)
Denial reasons as coded
Share of 2,300 denials in Maryland by first denial reason coded (outlined bar: all lenders in the state).
Counties in Maryland
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Baltimore County | 1,145 | 483 | $72m | 51.2% |
| Anne Arundel County | 689 | 326 | $62m | 45.6% |
| Baltimore city | 643 | 221 | $27m | 59.7% |
| Montgomery County | 512 | 219 | $85m | 49.3% |
| Howard County | 387 | 175 | $52m | 47.1% |
| Prince George's County | 455 | 150 | $24m | 61.5% |
| Wicomico County | 273 | 148 | $16m | 39.0% |
| Harford County | 180 | 91 | $15m | 40.1% |
| Frederick County | 170 | 90 | $22m | 39.5% |
| Carroll County | 149 | 80 | $14m | 36.9% |
| Washington County | 126 | 66 | $7.9m | 42.9% |
| Worcester County | 113 | 49 | $7.8m | 48.4% |
| Queen Anne's County | 89 | 49 | $7.1m | 39.8% |
| Allegany County | 58 | 37 | $3.2m | 30.2% |
| Dorchester County | 56 | 25 | $3.1m | 51.0% |
| Caroline County | 31 | 19 | $1.9m | 36.7% |
| Somerset County | 48 | 18 | $1.7m | 56.1% |
| Talbot County | 26 | 16 | $3.8m | 36.0% |
| Garrett County | 26 | 12 | $1.2m | — |
| Charles County | 29 | 11 | $3.5m | 59.3% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did State Employees Credit Union of Maryland originate in Maryland in 2024?
2,312 loans totalling $435m, from 5,266 applications reported for properties in Maryland.
What is State Employees Credit Union of Maryland's denial rate in Maryland?
49.2% of decided applications in Maryland were denied, against 24.9% for all lenders in the state and 48.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Maryland counties does State Employees Credit Union of Maryland lend in most?
By originations: Baltimore County (483), Anne Arundel County (326), Baltimore city (221), Montgomery County (219), Howard County (175).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Maryland. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.