Escape to better banking with our double-feature promotions!
Thursday, March 7th, 20131. Earn up to $125 for a new Salal checking1
Do you live in horror of high fees? Does poor service make you want to scream? Fear no more! Escape the terrors of BAD BANKING with Salal Credit Union—and you could earn up to $125!
Open a new Salal checking between March 1 and April 30, 2013, and you could be eligible to earn $100 in cash back from debit card purchases. Bring your current, non-Salal debit card to a Salal branch and feed it to The Beast (otherwise known as a cross-cut shredder), and you could earn another $25!
2. $25 gas card and a great auto loan rate2
Don’t run and hide from high auto loan rates, cut them down to size with Salal’s Incredible Shrinking Auto Loan! For new car purchases or refis of non-Salal auto loans between March 1 and April 30, 2013: you could qualify for an auto loan rate as low as 2.49% APR.3 You could also earn a $25 gas card, just for applying!
1Offer good on all new consumer checking opened March 1-April 30, 2013. Limit one per person. To be eligible for cash back and shred bonus, the individual cannot have had a Salal checking in prior 6 months, and the checking must be in good standing when the cash back payout is credited 120 days after opening the account. Maximum bonus amount for 5% cash back is $100 and $25 for debit card shred. The 5% bonus is only eligible on Salal PIN & Signature Visa debit card purchases. To receive shred bonus, debit card must be shredded in a Salal branch, not be expired, and contain the name of the Salal primary checking holder. Bonus offers are limited to debit card transactions posted to your account the first three months you have your Salal checking. This special cash offer may be subject to IRS reporting. For Silver Horizons, the annual percentage yield as of March 1, 2013 is 0.05% for balances of $5,000 to $24,999, and 0.08% for balances of $25,000 and over. Fees could reduce the earnings on the account. A minimum of $25 is required to open a Salal checking. All Salal accounts are subject to approval. Promo Code: BEAST 2Offer valid March 1-April 30, 2013. All Salal loans are subject to credit approval. The following rate discount restrictions apply: minimum 2.49% APR; the original loan cannot be with Salal; this offer is not valid with any other offer including Salal Rewards Points. Automatic payment required: rates include a 0.25% discount for automatic payment. We’re sorry—no cash-out allowed. The following gas card restrictions apply: one gas card per applicant; applicant must be over the age of 18; application must be completed and submitted. The $25 gas card offer may be subject to IRS reporting. Gas card will be mailed to applicant’s address within 30 days of applying. Promo Code: GASCARD. 3APR = Annual Percentage Rate
My car loan with Salal is higher than what you are offering “new” customers. What are you doing for those of us who already have a loan with you? I really think banks and business’ that “forget” their customers are not institutions I would recommend.
Dear Anita,
It is understandable to be frustrated when a rate changes after you’ve secured a loan. This change can happen both directions, and when a rate drops, it can be disappointing, as you point out in your post. Careful consideration goes into every rate decision at Salal Credit Union. As a not-for-profit cooperative, we have a unique perspective on rates and pricing. We have to set loan rates to ensure that members receive the best return on their deposits while basing every rate (loan and deposit alike) on the current market. As every financial institution and company experiences shifts in the current market on a daily basis, it is likely that the rate on your loan was competitive at the time you received it. Our staff are trained to help you find opportunities to save money when they consult with you, and we would be pleased to do a full review of your finances and credit to see if we can save you money one way or another. Please feel free to stop by your branch or call us at 800.562.5515 or 206.298.9394 to schedule time to meet with a Salal employee.
Thank you for your comment!