Salal Credit Union


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

Salal Credit Union is headquartered in Seattle and is the 16th largest credit union in the state of Washington. It is also the 394th largest credit union in the nation. It was established in 1948 and as of December of 2024, it had grown to 235 employees and 59,679 members at 5 locations. Salal Credit Union 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
Employees235
Primary Regulator
Profit Margin
Return on Assets - YTD0.13%
Return on Equity - YTD1.63%
Annual Interest Income$57.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.18B$1.22B
LoansQ4 2024vs Q4 2023$932.3MM$1B
DepositsQ4 2024vs Q4 2023$1.04B$1.04B
Equity CapitalQ4 2024vs Q4 2023$90.8MM$88.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$8.5MM$10MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$3.5MM$2.6MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for Salal Credit Union are currently being reviewed.

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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