Salal Credit Union

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A short history of Salal CU

Since its inception in 1948 the Salal Credit Union has been serving its members in the Seattle, Washington area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Russell Rosendal, the Salal CU has grown its membership to over 36,098 with assets of more than $506,895,584. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (206) 298-9394 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Seattle, WA.

General Information For Salal CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66349
Address 1515 Dexter Ave N 
City Seattle 
State Washington 
Zip-Code 98109
Phone Number (206) 298-9394
Fax Number (206) 298-3492
Email Address: none
CEO/President Russell Rosendal
Members 36,098 
Full-Time Employees 148 
Part-Time Employees
Number of Branch Offices
Total Assets 506,895,584 
Website http://www.salalcu.org 

Compare Salal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Inspirus CU Lynnwood Branch 3405 188th St SW 98111 (206) 628-4010 No 1.08
Nordstrom CU NFCU Branch 1617 6th Ave Fl 5 98103 (206) 373-4400 No 1.66
Seattle Metropolitan CU Southcenter 17250 Southcenter Pkwy Ste 132 98188 (206) 398-5500 No 2.11
Express CU Express Credit Union 1930 6th Ave S Ste 104 98134 (206) 622-1850 No 3.29
Waterfront CU Main/Corp office 2414 SW Andover St Ste E100 98106 (206) 622-8415 No 4.68

Salal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Salal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.09 3.34 4.35 4.94 4.49
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 348 185 245 261 167
Rank Among All Washington Credit Unions 38 23 28 44 12

Salal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.10 1.45 1.45
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 134 97 99
Rank Among All Washington Credit Unions 15 18 23 4 3
Salal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.0904,5799,964,540
All Other Unsecured Loans/Lines of Credit 7.39017,573143,391,663
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.3401,15510,370,526
Used Vehicle Loans 4.3502,89523,427,363
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.940519180,311,598
Total Other Real Estate Loans/Lines of Credit 4.49059917,645,739
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.100621,638,457
TOTAL LOANS & LEASES 27,382386,749,886

Salal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 687,675,6144414,262,519
    b. 15 Years or less 8521,320,286156,831,900
Balloon/Hybrid
    a. > 15 years 10754,182,3002622,219,706
    b. 15 Years or less 15184,731,9342417,066,100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1057,506,39024607,518
Adjustable Rate > 1 yr 34,895,07400

OTHER REAL ESTATE

Closed-End Fixed Rate 1043,198,99700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 49514,446,742932,409,388
Open-End Fixed Rate 0000
TOTALS 1,118197,957,33722663,397,131

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Salal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes