Applications / Mortgage Analytics / Lenders / Washington / Whatcom Educational Credit Union
Bellingham, WA · Credit union · NCUA · $3.3 billion assets · 1,016 loans in 2025
Whatcom Educational Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
1,016
loans originated, 2025
1,631
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Whatcom Educational Credit Union is the first-ranked mortgage lender in Bellingham, where its share rose to 13.1% in 2025.
It ranks 1 of 256 lenders in Bellingham, where its share rose 1.6 points to 13.1%; Evergreen Moneysource Mortgage Company is second. In Mount Vernon-Anacortes it ranks 8 of 213, with its share up to 3.2% from 2.0%. It has lent in both since the early 1990s.
Its dollar volume of $317.3 million is higher than nearly nine in ten similar lenders' (credit unions making between half and twice as many loans), whose typical figure is $155.9 million. Its typical loan is $155,000, against $105,000, and jumbo loans (larger than the conforming limit) were 7.1%, against 1.0%. Home improvement was 33.5% of its loans, home purchase 27.5% and refinance 22.4%.
Low- and moderate-income (LMI) borrowers took 19.6% of its loans, against 27.8%, and LMI areas 11.3%, against 15.1%, both lower than about four in five similar lenders. Majority-minority areas took 2.7%, against 10.5%. Its larger loans and the population of the markets it serves are possible reasons.
Its originations rose 10%, against 8% for similar lenders and 10% for the whole market. It made no higher-priced loans (a rate well above the average for similar loans), against 1.6% at similar lenders.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Whatcom Educational Credit Union took 1,631 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Home improvement 33.5% · Purchase 27.5% · Refinance 22.4% · Other 16.6%
Conventional 99.3% · VA 0.6% · USDA (RHS or FSA) 0.1% · of 1,016 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Washington | 1,016 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Bellingham | 828 |
| Mount Vernon-Anacortes | 95 |
| Everett | 25 |
| Seattle-Bellevue-Kent | 20 |
| Tacoma-Lakewood | 12 |
| Olympia-Lacey-Tumwater | 6 |
| Spokane-Spokane Valley | 5 |
| Bremerton-Silverdale-Port Orchard | 4 |
| Yakima | 2 |
| Kennewick-Richland | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493003Q3L1PO9NBVK64 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 656395 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 566373 | 1991–2017 |
Established 1 January 1936. Reported under HMDA 1991-2025.
Mergers, name changes, data editions and corrections: Whatcom Educational Credit Union's data.
Whatcom Educational Credit Union's data
$215
Whatcom Educational Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Whatcom Educational Credit Union's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]