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Saving for your secure financial future.

Earn interest and grow your savings.

24/7 access with Mobile and Online Banking.

Wide range of savings options to meet your goals.

NCUA insured up to $250,000.

What's your savings goal?

From saving up for a down payment on a house to preparing for your kids’—and your—future, we have a wealth of savings accounts at the ready to help you meet your goals.

EMERGENCY FUND
RETIREMENT
COLLEGE
EARN INTEREST
A great place to start building your financial security. Direct deposit is available to make saving easy. Our basic savings accounts are:

Primary Savings

An easy way to start saving for
unplanned expenses and future purchases.

Extra Savings

Separate, goal-specific accounts.

Youth Savings

For members aged 17 and younger1 (call or visit a branch to open).

Rates as high as

0.05

%
APY*

See Rates >

FEATURES

  • $5.00 minimum opening balance.
  • Mobile and Online Banking with Mobile Check Deposit.
  • Can be used for overdraft protection.
  • Direct deposit distribution.

Primary & Extra Savings Accounts

OPEN NOW

Youth Savings Accounts

LOCATE OR CALL A BRANCH
With fixed rates and a range of term options, CDs are a safe and dependable way to grow your savings with earnings you can plan on.

Rates as high as

4.95

%
APY*

See Rates >

FEATURES

  • 6 to 48-month term options available.²
  • $1,000 minimum opening balance.
  • Redeem 2,500 Salal Rewards points at time of application or request and receive a 0.25% rate increase.³
  • At any time during the term of a 12- or 24-month CD, the member may make a one-time election to adjust the rate to a new, fixed rate based on the rate currently offered for 12- or 24-month CD.
OPEN NOW
A great way for members 17 years old and younger¹ to save for educational expenses and more.

Rates as high as

0.25

%
APY*

See Rates >

FEATURES

  • 24-month term.²
  • $100 minimum opening balance.
  • Additional deposits can be made throughout the term.
  • Call us or visit a branch to open a Youth Certificate.
CALL NOW
LOCATE OR CALL A BRANCH
Earn a higher rate of return than with most standard savings accounts while keeping flexible access to your money.

Rates as high as

1.40

%
APY*

See Rates >

FEATURES

  • Minimum opening deposit $2,500.
  • Free ATM access and standard checks.⁴
CALL NOW
LOCATE OR CALL A BRANCH
Grow your savings faster with an exceptional rate on balances over $250,000.

Rates as high as

3.50

%
APY*

See Rates >

FEATURES

  • No minimum opening deposit or minimum balance.
  • Free ATM access and standard checks.⁴
  • Enrollment in eStatements required to earn interest.⁵
CALL NOW
LOCATE OR CALL A BRANCH
With a traditional IRA, your contributions aren’t taxed until you withdraw funds at retirement. Then, any money you withdraw will be taxed as income at your ordinary income tax rate.

Traditional IRA CD

Rates as high as

4.95

%
APY*

See Rates >

Traditional IRA Savings

Rates as high as

0.05

%
APY*

See Rates >

FEATURES

  • Open as a savings account or CD.
  • Annual contributions are potentially tax deductible.⁶
  • Mandatory withdrawals begin according to IRS age requirements.
CALL NOW
LOCATE OR CALL A BRANCH
With a Roth IRA, your savings account grows tax-free because you’re investing with your after-tax income. This means when you’re ready to withdraw, you pay no income tax on your earnings.

Roth IRA CD

Rates as high as

4.95

%
APY*

See Rates >

Roth IRA Savings

Rates as high as

0.05

%
APY*

See Rates >

FEATURES

  • Open as a savings account or CD.
  • No mandatory withdrawals.
  • Continue making contributions as there is no IRS age limit.
  • Contributions are not tax deductible.
CALL NOW
LOCATE OR CALL A BRANCH

Save for educational expenses with a Coverdell ESA. Contribute up to $2,000 per year and let your money grow free of federal income tax. Withdrawals are tax-free as well when used for qualified education expenses such as tuition, books, supplies, and more6.

Education IRA CD

Rates as high as

4.95

%
APY*

See Rates >

Education IRA Savings

Rates as high as

0.05

%
APY*

See Rates >

FEATURES

  • Open as a savings account or CD.
  • Beneficiary does not have to be a relative.
  • Beneficiary must be under 18 at the time of opening and must use the funds by age 30.
  • Can be used for elementary, high school, and postsecondary schools (college, vocational school, etc.), both public and private.
CALL NOW
LOCATE OR CALL A BRANCH

Calculate your future interest earnings.

Use our compound interest calculator to find out how much you can grow your savings over time.

How much can I save?

Questions?

We’re here to help.

Send us a secure message.

Message us securely through Mobile or Online Banking.

Call our Virtual Branch.

CALL US NOW
800.562.5515
24/7/365

Send us an email.

EMAIL US

Get connected to the team best suited to answer your question.

Need something more specific?

See all our contact information in one place to quickly find the department you’re looking for.
CONTACT US

Learn and discover: See our FAQs and tutorials to get help with some of the most common questions and topics our members ask about.

Visit our FAQs  |  See our Tutorials

Overdraft Fees at Salal

Despite some banks eliminating fees for overdrafts and insufficient funds, consumers should stay cautious of their widespread presence in the industry.
READ MORE

How Banking Has Evolved

Credit unions have such extensive remote banking options you usually don’t need to visit a physical location to get your banking done.
READ MORE

Drawing Official Rules

Open a new consumer checking account with Salal Credit Union for your chance to win. Read the full drawing rules.
READ MORE
Routing Number: 325081610
PO Box 75029, Seattle, WA 98175
Salal CU NMLS #416045
Equal Housing Opportunity Federally Insured by NCUA
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* APY = Annual Percentage Yield. Rates are current as of 9:30 a.m. PT on April 27, 2024 and are subject to change without notice. Fees can reduce earnings on the account. Refer to the Consumer Product & Fee Disclosure here for details.

1 Free Mobile & Online Banking for teens age 13+. These features are not available for children under the age of 13.

2 We will send you a maturity notice prior to renewal. Please read it carefully. Withdrawals are allowed at maturity and during the 10-day grace period, but not before, unless we allow it. Early withdrawals may be subject to penalties. Penalty is based on the term of your Certificate and is as follows: 6-12 Month Term—an amount equal to 90 days’ interest; Over 12-Month Term—an amount equal to 180 days’ interest.

3 Salal Rewards points cannot be used to increase the interest rates on Youth, Choice, or promotional rate Certificates of Deposit, including any special CD terms noted on SalalCU.org.

4 The Consumer Membership & Account Agreement and federal regulations may place limits on certain types of transfers from savings accounts which includes money market accounts. An Excessive Transaction fee of $25 may be assessed on each occurrence over six (6) during the month for any pre-authorized third-party transfer. Refer to the Consumer Membership & Account Agreement here for additional details.

5 eStatements are required to earn interest. If eStatements are discontinued, the APY will be reduced to 0.00% APY.

6 Consult with your tax advisor for eligibility requirements and contribution limits on IRAs.

Contact Salal Credit Union

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Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.

Schedule a Free Homebuyer Planning Session

Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.

Schedule a Free Mortgage Review Session

Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.

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