Salal Credit Union is headquartered in Seattle and is the 17th largest credit union in the state of Washington. It is also the 377th largest credit union in the nation. It was established in 1948 and as of June of 2022, it had grown to 265 employees and 52,882 members at 5 locations. Salal Credit Union has a B+ health rating.
Membership in Salal Credit Union is open to anyone by being a member of the Salal Foundation or People’s Memorial Association ($50 lifetime membership). Membership is also open to those who live or work in the state of Washington and to those who live or work in the Oregon counties of Clackamas, Columbia, Deschutes, Douglas, Lane, Linn, Marion, Multnomah, or Washington.
See current membership details
|Return on Assets - YTD||0.63%|
|Return on Equity - YTD||8.81%|
|Annual Interest Income||$18.4MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$1.14B$1.05B|
|Loans||Q2 2022vs Q2 2021||$880.5MM$633.5MM|
|Deposits||Q2 2022vs Q2 2021||$913.3MM$930.5MM|
|Equity Capital||Q2 2022vs Q2 2021||$79.9MM$83.3MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$11.1MM$9.3MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$743.00K$296.00K|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for Salal Credit Union are currently being reviewed.
|Salal Credit Union Locations|
|Branch Office||690 Strander Blvd||Tukwila, WA 98188|
|Branch Office||10724 5th Ave NE||Seattle, WA 98125|
|Branch Office||1320 Madison St||Seattle, WA 98104-1315|
|Branch Office||1048 116th Ave NE||Bellevue, WA 98004-4640|
|Corporate Office||9706 4th Ave NE Ste 400||Seattle, WA 98115-2199|