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Boeing Employees' Credit Union in Washington

HMDA record for properties in Washington, calendar year 2024. National record · Washington overview

LEI 549300KM40FP4MSQU941
Reporting agency Consumer Financial Protection Bureau
State Washington

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 Washington, Boeing Employees' Credit Union reported 20,128 applications and 12,344 originations for 2024, $3.3bn in all.

Its denial rate in the state was 27.8%, above the Washington rate of 21.3% across all lenders and compared with the lender's national rate of 27.7%.

The median rate spread on its Washington originations was 0.6 percentage points (state median 0.4).

Applications in the state were down 7% on 2023.

20,128applications in WA, 202494.1% of the lender's total
12,344loans originated$3.3bn
27.8%denial rateWA all lenders 21.3%
0.6 ppmedian rate spreadWA 0.4 pp

Compared with the state and the lender's national record

MeasureIn WashingtonWashington, all lendersBoeing Employees' Credit Union, all statesUnited States
Denial rate27.8%21.3%27.7%24.3%
Median rate spread, pp0.60.40.60.3
Originations with spread of 1.5 pp or more15.6%15.8%15.4%15.6%
Average originated loan$265k$440k$267k$329k
Home purchase share20.8%54.5%22.0%57.0%
FHA-insured share0.1%9.9%0.2%13.4%
VA-guaranteed share0.2%8.6%0.2%7.9%

Trend by year

ApplicationsOriginations

015243.530,4872022: 30,487 Applications2023: 21,534 Applications2024: 20,128 Applications2022: 20,534 Originations2023: 13,437 Originations2024: 12,344 Originations202220232024
Boeing Employees' Credit Union in Washington: applications and originations, 2022–2024

This lender in stateWashington, all lenders

0%14.1%28.2%2022: 24.5% This lender in state2023: 28.2% This lender in state2024: 27.8% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Washington

By purpose

Home purchase 21% (2,568)Home improvement 37% (4,548)Refinancing 19% (2,384)Cash-out refinancing 1% (143)Other purpose 22% (2,701)

By type

Conventional 100% (12,304)FHA 0% (18)VA 0% (22)

Denial reasons as coded

Debt-to-income ratio44.6%
Collateral25.2%
Credit history17.6%
Unverifiable information5.3%
Credit application incomplete4.1%
Other2.1%
Employment history0.7%
Insufficient cash (downpayment, closing costs)0.3%
Mortgage insurance denied0%

Share of 4,966 denials in Washington by first denial reason coded (outlined bar: all lenders in the state).

Counties in Washington

CountyApplicationsOriginationsAmountDenial rate
King County8,7685,394$1.8bn26.8%
Snohomish County4,7512,984$693m26.9%
Pierce County3,1221,868$328m31.0%
Spokane County539333$68m25.1%
Kitsap County522311$59m31.3%
Thurston County345223$40m27.9%
Skagit County362222$40m29.2%
Island County277179$37m24.9%
Whatcom County219138$36m23.9%
Kittitas County12367$18m32.7%
Grays Harbor County10463$9.7m29.7%
Clark County10262$23m23.6%
Chelan County9960$16m27.1%
Mason County10754$8.3m39.1%
Clallam County8551$10.0m27.8%
Yakima County6035$6.1m28.0%
Grant County6431$5.0m31.9%
Jefferson County5531$3.7m30.0%
Lewis County6628$4.6m50.8%
Benton County4428$4.7m23.1%
Stevens County4027$4.2m22.9%
Douglas County3426$5.7m10.3%
Okanogan County5022$3.6m35.3%
San Juan County3821$3.5m36.4%
Pacific County2511$2.0m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Boeing Employees' Credit Union originate in Washington in 2024?

12,344 loans totalling $3.3bn, from 20,128 applications reported for properties in Washington.

What is Boeing Employees' Credit Union's denial rate in Washington?

27.8% of decided applications in Washington were denied, against 21.3% for all lenders in the state and 27.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Washington counties does Boeing Employees' Credit Union lend in most?

By originations: King County (5,394), Snohomish County (2,984), Pierce County (1,868), Spokane County (333), Kitsap County (311).

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 Washington. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.