Salal Credit Union

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CURRENT TOP RATE

12 Month Share Certificate

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 16^th largest credit union in the state of Washington. It is also the 363^rd largest credit union in the nation. It was established in 1948 and as of June of 2023, it had grown to 243 employees and 58,687 members at 5 locations. Salal Credit Union's money market rates are 7X the national average, and it 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 Q2 2023

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Health Grade Components

Overall
NCUA #	66349
Year Chartered	1948
Employees	243
Primary Regulator

Profit Margin
Return on Assets - YTD	0.68%
Return on Equity - YTD	10.28%
Annual Interest Income	$28.7MM

Assets and Liabilities
Assets	Q2 2023vs Q2 2022	$1.25B$1.14B
Loans	Q2 2023vs Q2 2022	$1.03B$880.5MM
Deposits	Q2 2023vs Q2 2022	$1.06B$913.3MM
Equity Capital	Q2 2023vs Q2 2022	$84.4MM$79.9MM
Loan Loss Allowance	Q2 2023vs Q2 2022	$0$11.1MM
Unbacked Noncurrent Loans	Q2 2023vs Q2 2022	$2.1MM$743.00K
Real Estate Owned	Q2 2023vs Q2 2022	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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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

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
3.10%^*	$250k^*	-	Jumbo Money Market
OTHER TIERS: 0.01% → Any amount
1.75%^*	$500k^*	-	Business Money Market
OTHER TIERS: 0.10% → $2.5k - $10k \| 0.25% → $10k - $25k \| 0.50% → $25k - $50k \| 0.75% → $50k - $100k \| 1.25% → $100k - $250k \| 1.50% → $250k - $500k
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.75%^*	$500k^*	-	IOLTA Pooled Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.25% → $10k - $25k \| 0.50% → $25k - $50k \| 0.75% → $50k - $100k \| 1.25% → $100k - $250k \| 1.50% → $250k - $500k
1.75%^*	$500k^*	-	Individual Attorney Trust Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.25% → $10k - $25k \| 0.50% → $25k - $50k \| 0.75% → $50k - $100k \| 1.25% → $100k - $250k \| 1.50% → $250k - $500k
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.35%	$1k	-	12 Month Share Certificate
5.05%	$1k	-	6 Month Share Certificate
3.00%	-	-	Business 12 Month Premium CD
2.75%	-	-	Business 18 Month Premium CD
2.00%	-	-	Business 9 Month Premium CD
1.80%	-	-	Business 24 Month Premium CD
1.75%	-	-	Business 6 Month Premium CD
1.50%	-	-	Business 36 Month Premium CD
1.25%	-	-	Business 3 Month Premium CD
1.05%	-	-	Business 48 Month Premium CD
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%^*	$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%^*	$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^*	$100k	24 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^*	$100k	6 Month Choice Certificate
OTHER TIERS: 0.05% → $500 - $50k
0.10%	$100k	-	6 Month Jumbo Choice Certificate

Salal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.35%	$1k	-	12 Month IRA Certificate
5.05%	$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%^*	$100k^*	-	18 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^*	-	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%^*	$100k^*	-	18 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^*	-	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 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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