Salal Credit Union

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CURRENT TOP RATE

24 Month Youth Certificate

Overview / Commentary

www.salalcu.org

206-298-9394

9706 4Th Ave Ne Ste 400
Seattle, WA 98115-2157

Salal Credit Union is headquartered in Seattle and is the 17^th largest credit union in the state of Washington. It is also the 373^rd largest credit union in the nation. It was established in 1948 and as of March of 2021, it had grown to 227 employees and 46,686 members at 6 locations. Salal Credit Union has an A 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

Related Posts

View all posts from:

2012
2011
2008
Earlier

8/21 - Checking Account Promotion at Salal Credit Union - Washington State Only

8/23 - $100 Checking Account Bonus at Salal Credit Union - Washington State Only

3/22 - 3.97% 48-Month / 3.56% 12-Month CD at a Washington State CU (Group Health).
2/9 - 6.00% 7-Month CD at a Washington CU - $10K Max (Group Health).

12/26/06 - 5.50% 13-Month / 5.50% 7-Month CD at a Washington State CU (GHCU)

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Health

A

Data as of Q1 2021

Learn why bank health matters

Health Grade Components

Overall
NCUA #	66349
Year Chartered	1948
Employees	227
Primary Regulator

Profit Margin
Return on Assets - YTD	0.78%
Return on Equity - YTD	10.13%
Annual Interest Income	$7.9MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$1.07B$750.0MM
Loans	Q1 2021vs Q1 2020	$644.8MM$622.2MM
Deposits	Q1 2021vs Q1 2020	$952.3MM$638.4MM
Equity Capital	Q1 2021vs Q1 2020	$79.9MM$70.0MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$9.3MM$8.7MM
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$465.00K$376.00K
Real Estate Owned	Q1 2021vs Q1 2020	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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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

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
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
0.10%^*	$50k^*	-	Premium Plus Money Market
OTHER TIERS: 0.03% → $2.5k - $25k \| 0.05% → $25k - $50k

Salal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW 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%	$25	-	50+ Interest Checking
0.10%^*	$2.5k^*	-	Preferred Interest Checking
OTHER TIERS: 0.03% → Up to $2.5k
0.03%	$25	-	Direct Interest Checking

Salal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%	$100	$100k	24 Month Youth Certificate
0.65%	$1k	$100k	24 Month Share Certificate
0.65%	$100k	-	24 Month Jumbo Share Certificate
0.65%	$100k	-	24 Month Jumbo Youth Certificate
0.35%^*	$50k^*	$100k	48 Month Share Certificate
OTHER TIERS: 0.25% → $1k - $25k \| 0.30% → $25k - $50k
0.35%	$100k	-	48 Month Jumbo Share Certificate
0.30%^*	$50k^*	$100k	36 Month Share Certificate
OTHER TIERS: 0.20% → $1k - $25k \| 0.25% → $25k - $50k
0.30%	$100k	-	36 Month Jumbo Share Certificate
0.25%^*	$50k^*	$100k	30 Month Share Certificate
OTHER TIERS: 0.15% → $1k - $25k \| 0.20% → $25k - $50k
0.25%	$100k	-	30 Month Jumbo Share Certificate
0.20%^*	$50k^*	$100k	18 Month Share Certificate
OTHER TIERS: 0.10% → $1k - $25k \| 0.15% → $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
0.20%	$100k	-	18 Month Jumbo Share Certificate
0.15%^*	$50k^*	$100k	12 Month Share Certificate
OTHER TIERS: 0.05% → $1k - $25k \| 0.10% → $25k - $50k
0.15%	$100k	-	12 Month Jumbo Share Certificate
0.10%^*	$50k^*	$100k	6 Month Choice Certificate
OTHER TIERS: 0.05% → $500 - $50k
0.10%^*	$50k^*	$100k	6 Month Share Certificate
OTHER TIERS: 0.05% → $1k - $50k
0.10%^*	$50k^*	$100k	9 Month Share Certificate
OTHER TIERS: 0.05% → $1k - $50k
0.10%	$100k	-	6 Month Jumbo Share Certificate
0.10%	$100k	-	9 Month Jumbo Share Certificate
0.10%	$100k	-	6 Month Jumbo Choice Certificate

Salal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%	$1k	$100k	24 Month IRA Certificate
0.65%	$100k	-	24 Month Jumbo IRA Certificate
0.35%^*	$50k^*	$100k	48 Month IRA Certificate
OTHER TIERS: 0.25% → $1k - $25k \| 0.30% → $25k - $50k
0.35%	$100k	-	48 Month Jumbo IRA Certificate
0.30%^*	$50k^*	$100k	36 Month IRA Certificate
OTHER TIERS: 0.20% → $1k - $25k \| 0.25% → $25k - $50k
0.30%	$100k	-	36 Month Jumbo IRA Certificate
0.25%^*	$50k^*	$100k	30 Month IRA Certificate
OTHER TIERS: 0.15% → $1k - $25k \| 0.20% → $25k - $50k
0.25%	$100k	-	30 Month Jumbo IRA Certificate
0.20%^*	$50k^*	$100k	18 Month IRA Certificate
OTHER TIERS: 0.10% → $1k - $25k \| 0.15% → $25k - $50k
0.20%	$100k	-	18 Month Jumbo IRA Certificate
0.15%^*	$50k^*	$100k	12 Month IRA Certificate
OTHER TIERS: 0.05% → $1k - $25k \| 0.10% → $25k - $50k
0.15%	$100k	-	12 Month Jumbo IRA Certificate
0.10%^*	$50k^*	$100k	6 Month IRA Certificate
OTHER TIERS: 0.05% → $1k - $50k
0.10%^*	$50k^*	$100k	9 Month IRA Certificate
OTHER TIERS: 0.05% → $1k - $50k
0.10%	$100k	-	6 Month Jumbo IRA Certificate
0.10%	$100k	-	9 Month Jumbo IRA Certificate

Locations

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

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