Salal Credit Union is headquartered in Seattle and is the 17th largest credit union in the state of Washington. It is also the 376th largest credit union in the nation. It was established in 1948 and as of September of 2020, it had grown to 230 employees and 45,444 members at 6 locations. Salal Credit Union has an A health rating.
Membership is open to anyone through 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 Multnomah, Clackamas, Marion, Columbia, Douglas, Washington, Deschutes, Linn, and Lane counties in Oregon.
See current membership details
|Return on Assets - YTD||0.88%|
|Return on Equity - YTD||10.99%|
|Annual Interest Income||$24.2MM|
|Assets and Liabilities|
|Assets||Q3 2020vs Q3 2019||$975.1MM$774.0MM|
|Loans||Q3 2020vs Q3 2019||$621.7MM$560.8MM|
|Deposits||Q3 2020vs Q3 2019||$849.1MM$678.0MM|
|Equity Capital||Q3 2020vs Q3 2019||$75.3MM$66.1MM|
|Loan Loss Allowance||Q3 2020vs Q3 2019||$8.7MM$7.9MM|
|Unbacked Noncurrent Loans||Q3 2020vs Q3 2019||$379.00K$407.00K|
|Real Estate Owned||Q3 2020vs Q3 2019||$0$0|
Rates for Salal Credit Union are currently being reviewed.
|Salal Credit Union Locations|
|Branch Office||310 Westlake Ave N||Seattle, WA 98109|
|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|