Credit Union Safety Analysis
Is Salal Credit Union Safe? Seattle, Washington
Based on its Q2 2026 NCUA 5300 call report, Salal Credit Union has a net worth ratio of 9.19%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.60%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Salal Credit Union's net worth ratio is 9.19%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 9.19%
- Delinquency ratio (60+ days) (Q2 2026): 0.60%
- Return on assets (Q2 2026): 0.72%
- Loan-to-share ratio (Q2 2026): 93.75%
Salal Credit Union (NCUA charter 66349, established 1948) reported $1.16B in assets and 63,475 members for Q2 2026 from Seattle, Washington. It ranks 18 of 73 credit unions in Washington by total assets. Total assets were about level with $1.16B on June 30, 2025. It has 2,606 more members than on June 30, 2025 (+4.3%). Its net worth ratio was up 0.39 percentage points from 8.80% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $451.0M of $953.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.60% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 454 credit unions with $1B to $10B in assets: 10.89%; middle half of peers: 9.81% to 12.63%.
Earlier filings: 9.02% for Q1 2026; 8.80% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.68%; middle half of peers: 0.45% to 1.05%.
Earlier filings: 0.69% for Q1 2026; 0.66% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.89%; middle half of peers: 0.59% to 1.25%.
Earlier filings: 0.40% for Q1 2026; 0.15% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 88.03%; middle half of peers: 78.23% to 95.19%.
Earlier filings: 92.63% for Q1 2026; 89.10% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $451.0M
- Other secured non-real estate loans and lines of credit: $326.9M
- Commercial loans: $92.2M
- Other unsecured loans and lines of credit: $57.1M
- Unsecured credit card loans: $14.1M
- Used vehicle loans: $9.8M
- New vehicle loans: $2.7M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $1.16B | 9.19% | 0.60% | 0.72% | 93.75% |
| March 31, 2026 | $1.16B | 9.02% | 0.69% | 0.40% | 92.63% |
| December 31, 2025 | $1.16B | 8.96% | 0.83% | 0.58% | 94.54% |
| September 30, 2025 | $1.15B | 8.95% | 0.57% | 0.14% | 90.98% |
| June 30, 2025 | $1.16B | 8.80% | 0.66% | 0.15% | 89.10% |
| March 31, 2025 | $1.18B | 8.65% | 0.42% | -0.07% | 87.58% |
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Free to use. It shows Salal Credit Union’s latest filed figures and updates each quarter.
How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Regulator records: NCUA credit union profile (charter 66349) · FFIEC NIC profile (RSSD 706290)
Frequently asked questions
Is Salal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Salal Credit Union's net worth ratio is 9.19%, above the 7% NCUA threshold for well capitalized.
Is Salal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Salal Credit Union is a federally insured credit union (NCUA charter 66349): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Salal Credit Union's key safety ratios?
For Q2 2026, Salal Credit Union reports net worth 9.19%, delinquency 0.60%, ROA 0.72%, loan-to-share 93.75%.
What happens to my money if Salal Credit Union fails?
For Q2 2026, Salal Credit Union held $1.02B in shares and deposits for 63,475 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.