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 17th largest credit union in the state of Washington. It is also the 393rd largest credit union in the nation. It was established in 1948 and as of June of 2020, it had grown to 217 employees and 44,702 members at 6 locations. Salal Credit Union has an A health rating.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #66349
Year Chartered1948
Employees217
Primary Regulator
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD13.22%
Annual Interest Income$16.4MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$912.2MM$664.1MM
LoansQ2 2020vs Q2 2019$606.9MM$551.0MM
DepositsQ2 2020vs Q2 2019$794.9MM$558.0MM
Equity CapitalQ2 2020vs Q2 2019$73.6MM$62.9MM
Loan Loss AllowanceQ2 2020vs Q2 2019$8.8MM$7.9MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$421.00K$616.00K
Real Estate OwnedQ2 2020vs Q2 2019$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
0.20%*$100k*-Primary Savings
OTHER TIERS: 0.05% $100 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%*$100k*-Extra Savings
OTHER TIERS: 0.05% $100 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%*$100k*-IRA Savings
OTHER TIERS: 0.05% $100 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.20%*$100k*-Youth Savings
OTHER TIERS: 0.05% $5 - $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.10%*$10k*-Business Savings (non-profits only)
OTHER TIERS: 0.05% $250 - $10k

Salal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$1m*-Business Money Market
OTHER TIERS: 0.10% $2.5k - $10k | 0.15% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k | 0.40% $100k - $250k | 0.50% $250k - $500k | 0.60% $500k - $1m
0.25%*$100k*-Premium Plus Money Market
OTHER TIERS: 0.05% $2.5k - $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k

Salal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$1m*-IOLTA Pooled Checking
OTHER TIERS: 1.00% Up to $500k | 1.26% $500k - $1m
1.51%*$1m*-Individual Attorney Trust Checking
OTHER TIERS: 1.00% Up to $500k | 1.26% $500k - $1m
0.15%*$2.5k*-Preferred Interest Checking
OTHER TIERS: 0.05% Up to $2.5k
0.10%$25-50+ Interest Checking
0.05%$10k-Business Basic Checking
0.05%$25-Direct Interest Checking

Salal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$1m*-Business 6-18 Month Choice CD
OTHER TIERS: 0.10% $500 - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.30% $50k - $100k | 0.40% $100k - $250k | 0.50% $250k - $500k | 0.70% $500k - $1m
0.35%*$50k*$100k48 Month Share Certificate
OTHER TIERS: 0.25% $1k - $25k | 0.30% $25k - $50k
0.35%$100k-48 Month Jumbo Share Certificate
0.30%*$50k*$100k36 Month Share Certificate
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $50k
0.30%$100k-36 Month Jumbo Share Certificate
0.25%*$50k*$100k24 Month Youth Certificate
OTHER TIERS: 0.15% $100 - $25k | 0.20% $25k - $50k
0.25%*$50k*$100k24 Month Share Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*$100k30 Month Share Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%$100k-24 Month Jumbo Share Certificate
0.25%$100k-30 Month Jumbo Share Certificate
0.25%$100k-24 Month Jumbo Youth Certificate
0.20%*$50k*$100k18 Month Share Certificate
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k
0.20%$100k-18 Month Jumbo Share Certificate
0.15%*$50k*$100k12 Month Share Certificate
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $50k
0.15%$100k-12 Month Jumbo Share Certificate
0.10%*$50k*$100k6 Month Choice Certificate
OTHER TIERS: 0.05% $500 - $50k
0.10%*$50k*$100k6 Month Share Certificate
OTHER TIERS: 0.05% $1k - $50k
0.10%*$50k*$100k9 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*$100k48 Month IRA Certificate
OTHER TIERS: 0.25% $1k - $25k | 0.30% $25k - $50k
0.35%$100k-48 Month Jumbo IRA Certificate
0.30%*$50k*$100k36 Month IRA Certificate
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $50k
0.30%$100k-36 Month Jumbo IRA Certificate
0.25%*$50k*$100k24 Month IRA Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%*$50k*$100k30 Month IRA Certificate
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $50k
0.25%$100k-24 Month Jumbo IRA Certificate
0.25%$100k-30 Month Jumbo IRA Certificate
0.20%*$50k*$100k18 Month IRA Certificate
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k
0.20%$100k-18 Month Jumbo IRA Certificate
0.15%*$50k*$100k12 Month IRA Certificate
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $50k
0.15%$100k-12 Month Jumbo IRA Certificate
0.10%*$50k*$100k6 Month IRA Certificate
OTHER TIERS: 0.05% $1k - $50k
0.10%*$50k*$100k9 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 Office310 Westlake Ave NSeattle, WA 98109
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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