Charter 66349 · Seattle, WA
Salal Credit Union
Salal Credit Union is a state-chartered credit union in Seattle, Washington, with $1.16 billion in assets and 63,475 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.19%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $1.16 billion
- -0.0% in a year
- Members
- 63,475
- +4.3% in a year
- Net worth ratio
- 9.19%
- Peer median 10.79%
- Loans 60+ days late
- 0.60%
- Peer median 0.67%
- Loans outstanding
- $954 million
- +2.9% in a year
- Shares and deposits
- $1.02 billion
- -2.2% in a year
- Branches
- 4
- 222 employees
- Opened
- 1948
- Washington charter
How Salal Credit Union compares
NCUA groups credit unions by size; Salal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.19% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.60%, is lower than the group median of 0.67%. Loans grew 2.9% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 18 of 73 credit unions headquartered in Washington. See all Washington credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $1.16 billion | 63,475 | $954 million | 9.19% | 0.60% |
| Q1 2026 | $1.16 billion | 62,925 | $950 million | 9.02% | 0.69% |
| Q4 2025 | $1.16 billion | 62,355 | $948 million | 8.96% | 0.83% |
| Q3 2025 | $1.15 billion | 61,552 | $928 million | 8.95% | 0.57% |
| Q2 2025 | $1.16 billion | 60,869 | $927 million | 8.80% | 0.66% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 7.7 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 5 sites for Salal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Northgate Headquarters (main office)
9706 4Th Ave Ne Ste 400, Seattle, WA 98115 - First Hill
1320 Madison St, Seattle, WA 98104 - Northgate
10724 5Th Ave Ne, Seattle, WA 98125 - Bellevue
1048 116Th Ave Ne, Bellevue, WA 98004 - Tukwila
690 Strander Blvd, Tukwila, WA 98188
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology