Salal Credit Union

News & Updates

Government building

Affected by the Federal Government Shutdown? We’re here to help.

Approximately 800,000 employees are living without a paycheck due to the government shutdown.

That means scores of people may be struggling to pay mortgages, keep up with student loans, or manage everyday expenses. Even if you are able to survive on savings, the fear of losing income with no end in sight can be overwhelming.

If you have worries about a temporary work stoppage and how it may affect you financially, please reach out to us. Depending on your situation, we have many ways we can help meet your needs and hopefully relieve a little stress during a difficult time. The options include:

Debt and Budget Coaching
Through BALANCE, we provide free, immediate access to a certified financial coach by phone at 888-456-2227.

If you already have a loan with us, as a Salal member, you can skip up to two payments within a year on eligible Salal loans. Request to skip a payment here.

Salal Visa Balance Transfer
A balance transfer can be a useful tool to get ahead of your high-interest credit card debt and lower your monthly bills. Move your high-interest credit card balances to a Salal Classic or Rewards Visa and pay $0 transfer fee, $0 annual fee, and 0% interest for 12 billing cycles*.  Learn more here.

Custom Fit Home Equity 
This variable line of credit allows you to borrow against the equity you’ve built up in your home. It works a bit like a credit card. You borrow what you need, up to your available credit line. As you repay what you’ve borrowed, that amount is available to you again when you need it. Click to learn more.

Personal Loans
Personal loans can be a lifesaver when you need cash quickly, and they can be a great alternative to credit cards which carry variable interest rates. Salal has a range of options to help you pay for almost any expense. View loan options here.

We are here to help. If you would like to talk more about your options give us a call at 206.298.9394.


*APR=Annual Percentage Rate. Salal loans are subject to credit approval. Balance transfer promotion only valid on Salal Classic and Rewards Visa. Length of promotional period will be 0% APR for 12 billing cycles from date of last balance transfer. Promotional APR available for new balance transfers only and applies to transfers made between November 16, 2018 and January 31, 2019. After the promotional period ends, the standard APR will be applied to unpaid promotional balances. The standard Variable APR is between 10.24% to 17.99% for our Classic card and 12.24% to 15.74% for our Rewards card. APR is determined when you open your account and is based upon your creditworthiness. After that, your APR will vary with the market based on the Prime Rate. To avoid paying interest on new purchases, the entire account balance (including any promotional balance) must be paid in full each month by the payment due date. Information is current as of January 16, 2019 and is subject to change without notice. Offer excludes balances on existing Salal credit cards or loans. Additional limitations, terms and conditions apply.