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Salal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.salalcu.org
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 400th largest credit union in the nation. It was established in 1948 and as of March of 2025, it had grown to 234 employees and 60,145 members at 5 locations. Salal Credit Union's money market rates are 7X 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+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #66349
Year Chartered1948
Employees234
Primary Regulator
Profit Margin
Return on Assets - YTD-0.07%
Return on Equity - YTD-0.9%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.18B$1.21B
LoansQ1 2025vs Q1 2024$921.9MM$938.7MM
DepositsQ1 2025vs Q1 2024$1.05B$1.07B
Equity CapitalQ1 2025vs Q1 2024$92.3MM$89.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$8.7MM$8.9MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$3.8MM$1.7MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/13/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* 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*-Youth Savings
OTHER TIERS: 0.01% → $5 - $25k | 0.03% → $25k - $100k

Salal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%*$100k*-Jumbo Money Market
OTHER TIERS: 0.01% → $0 - $100k
2.25%*$1m*-Business Money Market
OTHER TIERS: 0.35% → $2.5k - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 1.00% → $50k - $100k | 1.50% → $100k - $250k | 1.75% → $250k - $500k | 2.00% → $500k - $1m
1.40%*$100k*-Premium Plus Money Market
OTHER TIERS: 1.00% → $2.5k - $10k | 1.10% → $10k - $25k | 1.20% → $25k - $50k | 1.30% → $50k - $100k

Salal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*$1m*-IOLTA Pooled Checking
OTHER TIERS: 0.35% → $0 - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 1.00% → $50k - $100k | 1.50% → $100k - $250k | 1.75% → $250k - $500k | 2.00% → $500k - $1m
2.25%*$1m*-Individual Attorney Trust Checking
OTHER TIERS: 0.35% → $0 - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 1.00% → $50k - $100k | 1.50% → $100k - $250k | 1.75% → $250k - $500k | 2.00% → $500k - $1m
0.10%$0-50+ Interest Checking
0.10%*$2.5k*-Preferred Interest Checking
OTHER TIERS: 0.03% → $0 - $2.5k
0.03%$0-Direct Interest Checking

Salal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$1k-7 Month Share Certificate Special
3.25%$1k-17 Month Add-On Share Certificate Special
3.00%$1k-6 Month Share Certificate
3.00%$1k-9 Month Share Certificate
3.00%$1k-12 Month Share Certificate
3.00%$1k-Business 12 Month Premium CD
2.75%$1k-Business 18 Month Premium CD
2.50%$1k-18 Month Share Certificate
2.50%$1k-24 Month Share Certificate
2.25%$1k-30 Month Share Certificate
2.25%$1k-36 Month Share Certificate
2.00%$1k-48 Month Share Certificate
2.00%$1k-Business 9 Month Premium CD
1.80%$1k-Business 24 Month Premium CD
1.75%$1k-Business 6 Month Premium CD
1.50%$1k-Business 36 Month Premium CD
1.25%$1k-Business 3 Month Premium CD
1.05%$1k-Business 48 Month Premium CD
0.25%*$50k*-24 Month Youth Certificate
OTHER TIERS: 0.15% → $100 - $25k | 0.20% → $25k - $50k
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

Salal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$1k-6 Month IRA Certificate
3.00%$1k-9 Month IRA Certificate
3.00%$1k-12 Month IRA Certificate
2.50%$1k-18 Month IRA Certificate
2.50%$1k-24 Month IRA Certificate
2.25%$1k-30 Month IRA Certificate
2.25%$1k-36 Month IRA Certificate
2.00%$1k-48 Month IRA Certificate
0.05%*$100k*-IRA Savings
OTHER TIERS: 0.01% → $100 - $25k | 0.03% → $25k - $100k
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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