Salal Credit Union


Overview / Commentary
206-298-9394
9706 4Th Ave Ne Ste 400
Seattle, WA 98115-2157

Salal Credit Union is headquartered in Seattle and is the 16th largest credit union in the state of Washington. It is also the 350th largest credit union in the nation. It was established in 1948 and as of September of 2022, it had grown to 265 employees and 54,933 members at 5 locations. Salal Credit Union's money market rates are 25% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

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

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Health
B+

Health Grade Components

Overall
NCUA #66349
Year Chartered1948
Employees265
Primary Regulator
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD11.15%
Annual Interest Income$30.2MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$1.26B$1.05B
LoansQ3 2022vs Q3 2021$1.00B$677.4MM
DepositsQ3 2022vs Q3 2021$966.9MM$920.9MM
Equity CapitalQ3 2022vs Q3 2021$78.2MM$85.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$11.7MM$9.4MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$620.00K$411.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Salal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Salal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$10k*-Business Savings (non-profits only)
OTHER TIERS: 0.05% $250 - $10k
0.05%*$100k*-Primary Savings
OTHER TIERS: 0.01% $100 - $25k | 0.03% $25k - $100k
0.05%*$100k*-Extra Savings
OTHER TIERS: 0.01% $100 - $25k | 0.03% $25k - $100k
0.05%*$100k*-IRA Savings
OTHER TIERS: 0.01% $100 - $25k | 0.03% $25k - $100k
0.05%*$100k*-Youth Savings
OTHER TIERS: 0.01% $5 - $25k | 0.03% $25k - $100k

Salal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$100k*-Premium Plus Money Market
OTHER TIERS: 0.25% $2.5k - $10k | 0.30% $10k - $25k | 0.40% $25k - $50k | 0.50% $50k - $100k
0.30%*$1m*-Business Money Market
OTHER TIERS: 0.01% $2.5k - $10k | 0.05% $10k - $25k | 0.10% $25k - $50k | 0.13% $50k - $100k | 0.15% $100k - $250k | 0.20% $250k - $500k | 0.25% $500k - $1m

Salal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$1m*-IOLTA Pooled Checking
OTHER TIERS: 0.01% Up to $10k | 0.05% $10k - $25k | 0.10% $25k - $50k | 0.13% $50k - $100k | 0.15% $100k - $250k | 0.20% $250k - $500k | 0.25% $500k - $1m
0.30%*$1m*-Individual Attorney Trust Checking
OTHER TIERS: 0.01% Up to $10k | 0.05% $10k - $25k | 0.10% $25k - $50k | 0.13% $50k - $100k | 0.15% $100k - $250k | 0.20% $250k - $500k | 0.25% $500k - $1m
0.10%--50+ Interest Checking
0.10%*$2.5k*-Preferred Interest Checking
OTHER TIERS: 0.03% Up to $2.5k
0.03%--Direct Interest Checking

Salal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$100k*-12 Month Share Certificate
OTHER TIERS: 0.60% $1k - $2.5k | 0.65% $2.5k - $10k | 0.70% $10k - $25k | 0.75% $25k - $50k | 0.80% $50k - $100k
0.60%*$100k*-9 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.35% $1k - $2.5k | 0.40% $2.5k - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k | 0.55% $50k - $100k
0.60%*$100k*-12 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.35% $1k - $2.5k | 0.40% $2.5k - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k | 0.55% $50k - $100k
0.60%*$50k*-48 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.50% $1k - $25k | 0.55% $25k - $50k
0.55%*$50k*-36 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.45% $1k - $25k | 0.50% $25k - $50k
0.50%*$50k*-18 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.50%*$50k*-30 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.50%*$50k*-24 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.35%*$50k*-6 Month Share Certificate
OTHER TIERS: 0.30% $1k - $50k
0.35%*$100k*-9 Month Share Certificate
OTHER TIERS: 0.10% $1k - $2.5k | 0.15% $2.5k - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.35%*$50k*-48 Month Share Certificate
OTHER TIERS: 0.25% $1k - $25k | 0.30% $25k - $50k
0.30%*$50k*-36 Month Share Certificate
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $50k
0.25%*$50k*$100k24 Month Youth Certificate
OTHER TIERS: 0.15% $100 - $25k | 0.20% $25k - $50k
0.25%*$50k*-18 Month Share Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*-24 Month Share Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*-30 Month Share Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%$100k-24 Month Jumbo Youth Certificate
0.20%*$1m*-Business 6-18 Month Choice CD
OTHER TIERS: 0.03% $500 - $10k | 0.05% $10k - $25k | 0.07% $25k - $50k | 0.10% $50k - $100k | 0.13% $100k - $250k | 0.15% $250k - $500k | 0.17% $500k - $1m
0.10%*$50k*$100k6 Month Choice Certificate
OTHER TIERS: 0.05% $1k - $50k
0.10%$100k-6 Month Jumbo Choice Certificate
0.10%*$50k*-6 Month Share Certificate w/ Reward Points
OTHER TIERS: 0.05% $1k - $50k

Salal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$1k-12 Month IRA Certificate
3.50%$1k-6 Month IRA Certificate
0.60%*$100k*-9 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.35% $1k - $2.5k | 0.40% $2.5k - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k | 0.55% $50k - $100k
0.60%*$50k*-48 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.50% $1k - $25k | 0.55% $25k - $50k
0.55%*$50k*-36 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.45% $1k - $25k | 0.50% $25k - $50k
0.50%*$50k*-18 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.50%*$50k*-30 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.50%*$50k*-24 Month IRA Certificate w/ Reward Points
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $50k
0.35%*$100k*-9 Month IRA Certificate
OTHER TIERS: 0.10% $1k - $2.5k | 0.15% $2.5k - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.35%*$50k*-48 Month IRA Certificate
OTHER TIERS: 0.25% $1k - $25k | 0.30% $25k - $50k
0.30%*$50k*-36 Month IRA Certificate
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $50k
0.25%*$50k*-18 Month IRA Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*-24 Month IRA Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*-30 Month IRA Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
Locations


Salal Credit Union Locations
Branch Office690 Strander BlvdTukwila, WA 98188
Branch Office10724 5th Ave NESeattle, WA 98125
Branch Office1320 Madison StSeattle, WA 98104-1315
Branch Office1048 116th Ave NEBellevue, WA 98004-4640
Corporate Office9706 4th Ave NE Ste 400Seattle, WA 98115-2199

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