Salal has exciting news! Coming February 2012, we will be rolling out a line of Visa credit cards, including a rich Visa Rewards card, a Visa Classic card, a Visa Student card and a Visa Secured card. In 2008, Salal sold its credit card portfolio to an outside vendor. In order to expand our offerings [...]
Members chosen at random by our external auditors, Moss Adams, may receive a letter from Salal CU asking for confirmation of the account balance referenced. If you received a letter regarding a Salal loan, the loan rate given may be incorrect. You will receive a corrected letter soon. This letter is legitimate; please confirm the [...]
According to the American Diabetes Association, 8.3% of Americans—that’s 25.8 million children and adults—have diabetes. Nearly a quarter of them don’t even know it. There may be as many as 79 million Americans who are prediabetic and in danger of developing the disease. Diabetes and complications of diabetes claimed nearly a quarter of a million [...]
Our search for a new CEO is moving along as planned: the Board reviewed several search firms before selecting O’Rourke & Associates. This firm focuses exclusively on credit union executive searches, and the length and depth of their knowledge about the credit union industry gives the Board great confidence that we’ll be presented with excellent [...]
Salal Credit Union is governed by a Board of Directors with direct input and assistance from several Committees, all comprised of CU staff and member-volunteers. Serving on the Board or a committee is a great way to have a direct impact on the direction and focus of your Credit Union. Salal currently has openings on [...]
We here at Salal think everyone should have the opportunity to experience the benefits of belonging to a credit union. But we’ve been hearing that the $50 share requirement is just too much of a barrier for some folks who would otherwise be happy to join, especially when other credit unions require less. We listened, [...]
It is with regret that I inform you that our President and CEO, John Iglesias, has left Salal to lead a credit union in Oregon. In these difficult economic times, Salal Credit Union has done extremely well under John’s leadership. However, we realize this move represents a significant professional opportunity for John, and we wish [...]
Does this sound familiar? You’re on the road, and suddenly you realize that not only is the iron still on and the coffee pot still heating, you’ve also forgotten to transfer enough money from your savings to your checking to cover the bill that will soon be automatically deducted from your account. Your neighbor can [...]
Twittering, Facebooking, YouTubing, following, fanning, friending–it’s a whole new world of communication on the Internet. Are you connected? Now more than ever, there are so many ways to get information, be involved and communicate with people and organizations. Salal Credit Union is available through many of these channels, and we’d like to invite you to join the [...]
The term “financial literacy” is all over the news these days as the US starts to emerge from recent economic setbacks. But what is “financial literacy,” exactly, and why is it being touted as a solution? Financial literacy is loosely defined as the ability to understand financial matters and to make sound economic decisions for [...]
