President’s Corner-June 2010

Tuesday, June 29th, 2010

By CEO and President John Iglesias Salal Credit Union has always been a supporter of healthy communities. We believe society functions best when its members have access to high-quality, affordable health services, and that’s why we’re raising money to help support two exceptional community healthcare providers right here in King County. To learn more about [...]

Member Survey: Living up to Our Promise

Thursday, June 24th, 2010

Along with our new logo and name came a new tagline: Invested in your financial health. The philosophy of our tagline isn’t new; we’ve been working hard to improve and support our members’ financial health since our inception in 1948. We believe we’ve been successful in achieving this critically important goal, but in fact, the [...]

Overdraft protection-are you covered?

Wednesday, June 23rd, 2010

Salal CU would like to remind you that the opportunity to opt in for some forms of overdraft protection is approaching. If you have a checking account with us, and you are eligible, you will receive a special stuffer with your monthly statement (or a link, if you receive your statement electronically) giving you information [...]

Sun, Salal and South Lake Union

Wednesday, June 23rd, 2010

It doesn’t feel like it yet, but summer is coming, or so rumor has it. And one of the most fun, free events of summer is the South Lake Union Block Party! The annual event, preparing for its sixth and biggest year yet, will be held on Friday, August 13 at the Discovery Center on [...]

Helping members in troubled times

Wednesday, June 23rd, 2010

No doubt about it, the last couple of years have been rough, and many people, despite careful planning, have found themselves in financial difficulties. Unemployment, reduced household income, illness, job loss, divorce, falling home values: often circumstances completely out of our control can wreak havoc on our lives. In times like these, we hope you’ll [...]

Teaming up for better health

Wednesday, June 23rd, 2010

To help build healthier communities, Salal is teaming up with International Community Health Services (ICHS) and HealthPoint, two organizations committed to bringing low-cost health services to underserved populations in Seattle and King County. Starting with our kick-off Capitol Hill Yard Sale and Barbeque on July 23, Salal will be holding fund-raising events at each of [...]

Mortgage loan rates down again

Wednesday, June 23rd, 2010

Mortgage rates are down again, prompting many to consider refinancing their homes. If you are in the market for a new and improved mortgage, here are some things to consider: You can save a lot of money in monthly payments and total interest. As an example, if you had an existing loan amount of $300,000 [...]

What do you know about shared branching?

Wednesday, June 23rd, 2010

It’s a common misconception that credit union members don’t have the same access to their accounts that the customers of big banks enjoy. As a Salal member, you know better, of course, but do you know all the many ways you can manage your money, even when you’re not near a branch? Take our quiz [...]

Credit Union Evolution–President’s Corner

Tuesday, June 1st, 2010

By CEO and President John Iglesias Survival of the fittest: regarding financial institutions, at least, it appears the laws of nature are still applicable. We’ve watched bank after bank fail and be taken over, and now we’re waiting to see if the federal government will step in and fundamentally change the way many financial institutions [...]