2022-11-14T10:50:24-06:00 2021-12-31 910189318 MOSS ADAMS LLP 2707 COLBY AVENUE SUITE 801 EVERETT WA 98201 990 2021-01-01 910593941 SALAL CREDIT UNION SALA 2062989394 9706 4TH AVENUE NE 400 SEATTLE WA 98115 RUSSELL E ROSENDAL PRESIDENT/CEO 2608267603 2022-11-11 1 RUSSELL ROSENDAL 999009999 COLLEEN RAMIRES P01251320 4252597227 2022-11-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RUSSELL E ROSENDAL 9706 4TH AVENUE NE 400 SEATTLE WA 98115 55587689 0 X WWW.SALALCU.ORG X 1948 WA THE MISSION OF SALAL CREDIT UNION IS TO MAKE MONEY MANAGEMENT EASIER FOR MEMBERS. 10 10 298 14 74237 0 0 0 51937913 52249948 1502121 1585974 -464492 -407163 52975542 53428759 486181 499515 0 0 23699576 25567063 0 0 0 19579744 18198480 43765501 44265058 9210041 9163701 992751176 1076834962 914091514 990917480 78659662 85917482 THE MISSION OF SALAL CREDIT UNION IS TO MAKE MONEY MANAGEMENT EASIER FOR MEMBERS. 0 0 SALAL CREDIT UNION IS A STATE CHARTERED NON-PROFIT COOPERATIVE CREDIT UNION OFFERING ITS MEMBERS A VARIETY OF FINANCIAL SERVICES DESIGNED TO PROMOTE SAVING AND PROVIDE CREDIT AT FAIR AND REASONABLE RATES OF INTEREST. SALAL CREDIT UNION CURRENTLY SERVES 52,882 MEMBERS; HOWEVER THERE ARE APPROXIMATELY 6,700,000 POTENTIAL MEMBERS IN THE GREATER PUGET SOUND COMMUNITY. SALAL CREDIT UNION OFFERS FINANCIAL LITERACY/EDUCATION PROGRAMS THROUGH BALANCE FINANCIAL FITNESS PROGRAM TO MEMBERS AND EMPLOYEES. THESE EDUCATIONAL PROGRAMS ARE DESIGNED TO HELP INDIVIDUALS IN BUDGETING, SAVING FOR MAJOR PURCHASES, COLLEGE, AND RETIREMENT AND OVERALL FINANCIAL MANAGEMENT. SALAL CREDIT UNION IS ACTIVE IN THE COMMUNITY BY CONTRIBUTING TO THE FUNDRAISING EFFORTS OF SEVERAL WORTHWHILE ORGANIZATIONS SUCH AS HEALTHPOINT, INTERNATIONAL COMMUNITY HEALTH SERVICES (ICHS), NORTHWEST CREDIT UNION FOUNDATION, NORTHWEST HARVEST, AND KING COUNTY NURSES ASSOCIATION. SALAL CREDIT UNION ALSO PROVIDES MATCHING CONTRIBUTIONS FOR EMPLOYEES AND DIRECTORS TO APPROVED 501(C)(3) ORGANIZATIONS UP TO $500 PER YEAR. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 10726 0 1 298 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RANDY CLOES 2068267807 9706 4TH AVENUE NE NO 400 SEATTLE WA 98115 ALAN LEDERMAN BOARD VICE CHAIRMAN 1.70 X X 0 0 0 SOPHIE BROUGHAM BOARD MEMBER 1.70 X 0 0 0 NISHAT AKHTER BOARD MEMBER 1.70 X 0 0 0 JOE LEPLA BOARD SECRETARY 1.70 X X 0 0 0 DICK WOO BOARD MEMBER 1.70 X 0 0 0 CATHERINE BAILEY BOARD MEMBER 1.70 X 0 0 0 BRIAN LUONG BOARD CHAIR 1.70 X X 0 0 0 BEN STEINER BOARD MEMBER 1.70 X 0 0 0 ANNETTE MURPHY BOARD MEMBER 1.70 X 0 0 0 ALI SEALS BOARD MEMBER 1.70 X 0 0 0 TARA SEEVER SVP - CHIEF HUMAN RESOURCES OFFICER 40.00 X 209687 0 9485 RUSSELL ROSENDAL PRESIDENT/CEO 40.00 X 999018 0 61513 ROBERT SCHWEIGERT SVP - CHIEF LENDING OFFICER 40.00 X 310602 0 22863 RANDY CLOES SVP - CFO 40.00 X 302875 0 40163 JUDY LOVELESS-MORRIS SVP - CHIEF DIVERSITY & PEOPLE 40.00 X 184181 0 15785 TROY-SKOTT POPE SVP - CHIEF DIGITAL & STRATEGY OFFICER 40.00 X 301192 0 24576 SYLVIA POPE VP - PROGRAM MANAGEMENT 40.00 X 151452 0 18833 SAMANTHA HARBERT VP - MORTGAGE LENDING 40.00 X 178680 0 19030 MICHAEL BISHOP VP - RETAIL 40.00 X 167840 0 19488 MATTHEW VANCE VP - MARKETING AND PROD. DEVELOPMENT 40.00 X 156980 0 34689 KEVIN KNOWLES VP - CREDIT ADMINISTRATION 40.00 X 160143 0 26559 JULIETTE ANDOH VP - RISK & COMPLIANCE 40.00 X 175688 0 21870 EILEEN MAGNUSSON VP - DIRECTOR OF HUMAN RESOURCES 40.00 X 171888 0 30054 CHRISTIAN GRUNERT VP - IT 40.00 X 179877 0 24087 BRETT BALLMAN VP - DIRECTOR OF BUSINESS BANKING 40.00 X 210785 0 8349 VINCENT PUNTENEY VP - CONSUMER LENDING 40.00 X 185921 0 20293 SANDORA TIBURCIO SENIOR MORTGAGE ADVISOR 40.00 X 268964 0 17989 MEGAN DESILVA DEALER DIRECT SALES MANAGER 40.00 X 237971 0 38334 KEITH PRICE SENIOR BUSINESS INTELLIGENCE MANAGER 40.00 X 172064 0 17310 JENNY LYN FERNANDEZ TRAN SENIOR MORTGAGE ADVISOR 40.00 X 218522 0 38345 JAMES MILLSAP DEALER ACCOUNT MANAGER 40.00 X 264490 0 21971 5208820 0 531586 66 0 1 0 EMPYREAL ENTERPRISES MA LLC 2000 OXFORD DR STE 440 BETHEL PARK PA 15102 CASH COURIER 2226172 JACK HENRY & ASSOCIATES INC PO BOX 609 MONET MO 65708 DATA PROCESSING 897955 ALKAMI TECHNOLOGY INC 5601 GRANITE PARKWAY STE 120 PLANO TX 75024 DATA PROCESSING 732891 SOFTCHOICE CORPORATION 16609 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 SOFTWARE & IT 571725 SECURETRANS INC DBA AXIOM ARMORED TRANSP 2420 CINNABAR LOOP ANCHORAGE AK 99507 SECURITY 504068 32 INTEREST ON MEMBER LOANS 522291 29724369 29724369 SERVICE CHARGES & FEE INCOME 522200 13673983 13635853 38130 NET GAINS ON SALES OF LOANS 523000 7695791 7695791 OTHER NON-INTEREST INCOME 522299 1155805 1119809 35996 52249948 1585974 1585974 1792424 2158930 -366506 -366506 40768 -407274 SUBSIDIARY INVESTMENT 900001 -40657 -40657 -40657 53428759 52175822 74237 1178700 499515 4430987 16099666 1015751 2421639 1599020 371652 122388 192005 3470479 841694 842446 1881479 1275465 142759 1220646 2440770 120661 CREDIT UNION OPERATING 1568030 DATA PROCESSING 1370671 TRANSACTION EXPENSES 1249551 MISCELLANEOUS EXPENSES 470553 617231 44265058 15744384 20760615 182005050 128654312 11879998 12516232 648167631 702169955 2531754 2342500 47536908 15144474 35407660 32392434 83218436 165438047 3364323 2598007 10431940 9962860 992751176 1076834962 28738215 27483598 14419036 14033803 870934263 949400079 914091514 990917480 X 0 0 0 0 78659662 85917482 78659662 85917482 992751176 1076834962 X 9163701 -1947957 42076 X 0 1 X 1 0 7500 0 7500 7500 1 CREDIT UNION LEGISLATIVE ACTION FUND 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 800043051 7500 PART I-A, LINE 1: THE CREDIT UNIONS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY IS A CONTRIBUTION TO THE CREDIT UNION LEGISLATIVE ACTION COMMITTEE. 0 0 8008645 8008645 19376425 2569541 16806884 10829215 4893067 5936148 9322623 7681866 1640757 32392434 MEMBER SHARES 949400079 949400079 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE (IRC) OF 1954; HOWEVER, THE CREDIT UNION'S UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2021 OR 2020. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION ADOPTED THE PROVISIONS OUTLINED IN THIS GUIDANCE ON JANUARY 1, 2009. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE JANUARY 1, 2009, BEGINNING BALANCE OF UNDIVIDED EARNINGS. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31, 2021 OR 2020. IT IS THE CREDIT UNION'S POLICY TO RECORD ANY PENALTIES OR INTEREST ARISING FROM FEDERAL OR STATE TAXES AS A COMPONENT OF NONINTEREST EXPENSE. THE CREDIT UNION FILES EXEMPT ORGANIZATION AND UNRELATED BUSINESS INCOME TAX RETURNS WITHIN THE FEDERAL JURISDICTION. 1 DOMESTIC ABUSE WOMEN'S NETWORK PO BOX 1449 KENT WA 98035 911176122 501(C)(3) 15000 0 SUPPORT FOR DOMESTIC ABUSE SURVIVORS HEALTHPOINT 955 POWELL AVENUE SW RENTON WA 98057 910884412 501(C)(3) 45000 0 SCHOLARSHIPS AND SPONSORSHIP OF FUNDRAISING EVENT KING COUNTY NURSES ASSOCIATION 4649 SUNNYSIDE AVE N SEATTLE WA 98103 910282054 501(C)(3) 29000 0 NURSING SCHOLARSHIP FUND MARY MAHONEY PROFESSIONAL NURSES ORGANIZATION PO BOX 22003 SEATTLE WA 98122 911653833 501(C)(3) 9000 0 NURSING SCHOLARSHIP FUND SALAL FOUNDATION PO BOX 75029 SEATTLE WA 98175 463476338 501(C)(3) 50000 0 GENERAL SUPPORT ST ANNE HOSPITAL EMPLOYEE FARMERS MARKET 16251 SYLVESTER RD SW BURIEN WA 98166 910575944 501(C)(3) 7500 0 HEALTHY MEAL SUPPORT FOR HEALTHCARE WORKERS ALZHEIMER'S PARTNERSHIP 19031 33RD AVE W 301 LYNNWOOD WA 98036 133039601 501(C)(3) 15000 0 ALZ CARES PROGRAM SUPPORT UW NURSES CAMP BOX 357260 UNIVERSITY OF WASHINGTON SEATTLE WA 98195 916001537 12000 0 SUPPORT FOR UNDERREPRESENTED COMMUNITIES REBUILDING TOGETHER SEATTLE 500 AURORA AVE N 305 SEATTLE WA 98109 911606330 501(C)(3) 10000 0 SHEBUILDS GRANT SUPPORT 8 1 PART I, LINE 2: THE ORGANIZATION OFFERS SCHOLARSHIP OPPORTUNITIES TO THE MEMBERS OF THE KING COUNTY NURSES ASSOCIATION AND THE MARY MAHONEY NURSES ASSOCIATION. GRANTS ARE ALSO PROVIDED TO THE KING COUNTY NURSES ASSOCIATION TO SUPPORT NURSES WHO APPLY FOR COMMUNITY SUPPORT ACTIVITIES. THE NURSES WHO RECEIVE THE FUNDS ARE VETTED BY THE ASSOCIATION. THE ORGANIZATION OFFERS ONGOING SUPPORT TO VARIOUS ANNUAL FUNDRAISING CAMPAIGNS. THE ORGANIZATION HAS AN ONGOING RELATIONSHIP WITH EACH DONEE ORGANIZATION, ATTENDS THE FUNDRAISING EVENTS, AND THE BUSINESS DEVELOPMENT OFFICER MAINTAINS CONTACT WITH DONEE ORGANIZATION OFFICERS THROUGHOUT THE YEAR. X X 1 1 X X X X 0 1 0 RUSSELL ROSENDAL PRESIDENT/CEO 433173 0 86505 0 479340 0 31100 0 30413 0 1060531 0 436588 0 RANDY CLOES SVP - CFO 229425 0 67900 0 5550 0 9750 0 30413 0 343038 0 0 0 ROBERT SCHWEIGERT SVP - CHIEF LENDING OFFICER 236062 0 69600 0 4940 0 10074 0 12789 0 333465 0 0 0 TROY-SKOTT POPE SVP - CHIEF DIGITAL & STRATEGY OFFIC 229425 0 67700 0 4067 0 7006 0 17570 0 325768 0 0 0 SANDORA TIBURCIO SENIOR MORTGAGE ADVISOR 7622 0 255301 0 6041 0 5098 0 12891 0 286953 0 0 0 JAMES MILLSAP DEALER ACCOUNT MANAGER 51471 0 206512 0 6507 0 9366 0 12605 0 286461 0 0 0 MEGAN DESILVA DEALER DIRECT SALES MANAGER 59615 0 172139 0 6217 0 7921 0 30413 0 276305 0 0 0 JENNY LYN FERNANDEZ TRAN SENIOR MORTGAGE ADVISOR 480 0 214170 0 3872 0 7932 0 30413 0 256867 0 0 0 TARA SEEVER SVP - CHIEF HUMAN RESOURCES OFFICER 82232 0 123774 0 3681 0 5188 0 4297 0 219172 0 0 0 BRETT BALLMAN VP - DIRECTOR OF BUSINESS BANKING 183645 0 25214 0 1926 0 8349 0 0 0 219134 0 0 0 VINCENT PUNTENEY VP - CONSUMER LENDING 156146 0 21461 0 8314 0 7402 0 12891 0 206214 0 0 0 CHRISTIAN GRUNERT VP - IT 156796 0 20967 0 2114 0 6517 0 17570 0 203964 0 0 0 EILEEN MAGNUSSON VP - DIRECTOR OF HUMAN RESOURCES 139143 0 20909 0 11836 0 6861 0 23193 0 201942 0 0 0 JUDY LOVELESS-MORRIS SVP - CHIEF DIVERSITY & PEOPLE 183577 0 0 0 604 0 2650 0 13135 0 199966 0 0 0 SAMANTHA HARBERT VP - MORTGAGE LENDING 148985 0 20730 0 8965 0 6241 0 12789 0 197710 0 0 0 JULIETTE ANDOH VP - RISK & COMPLIANCE 163462 0 11088 0 1138 0 1702 0 20168 0 197558 0 0 0 MATTHEW VANCE VP - MARKETING AND PROD. DEVELOPMENT 135762 0 19876 0 1342 0 6265 0 28424 0 191669 0 0 0 KEITH PRICE SENIOR BUSINESS INTELLIGENCE MANAGER 150646 0 20760 0 658 0 6868 0 10442 0 189374 0 0 0 MICHAEL BISHOP VP - RETAIL 146271 0 20159 0 1410 0 6699 0 12789 0 187328 0 0 0 KEVIN KNOWLES VP - CREDIT ADMINISTRATION 138584 0 20146 0 1413 0 6391 0 20168 0 186702 0 0 0 SYLVIA POPE VP - PROGRAM MANAGEMENT 135296 0 14502 0 1654 0 6044 0 12789 0 170285 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR TRAVEL OF COMPANIONS OF THE BOARD OF DIRECTORS AND CEO. THE ORGANIZATION PAYS HEALTH CLUB DUES FOR THE CEO AND COO ATHLETIC CLUB MEMBERSHIP. THESE ITEMS ARE TREATED AS TAXABLE INCOME TO THE INDIVIDUALS AS APPROPRIATE. PART I, LINE 4B THE CREDIT UNION HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE CHIEF EXECUTIVE OFFICER WHEREBY THE CREDIT UNION MAKES SCHEDULED MONTHLY CONTRIBUTIONS TO INVESTMENT ACCOUNTS AND THE CHIEF EXECUTIVE OFFICER WILL BE ENTITLED TO THE BALANCE OF THE INVESTMENT ACCOUNTS UPON HIS 65TH BIRTHDAY (DECEMBER 2023), SUBJECT TO CERTAIN CONDITIONS IN THE AGREEMENT. FOR THE YEAR ENDING DECEMBER 31, 2021 THE CEO RECEIVED A PAYOUT OF $436,588 AND $534,998 WAS ACCRUED ON THE PLAN. CERTAIN OFFICERS AND KEY EMPLOYEES PARTICIPATE IN THE SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENT THAT IS TREATED AS A SPLIT-DOLLAR LOAN UNDER TREASURY REGULATIONS SECTION 1.7872-15. BRETT BALLMAN KEY EMPLOYEE 2019 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 68064 72805 0 1 1 TROY-SKOTT POPE OFFICER 2019 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 709906 759134 0 1 1 RANDY CLOES OFFICER 2019 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 709236 753904 0 1 1 CHRISTIAN GRUNERT KEY EMPLOYEE 2019 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 115871 123906 0 1 1 MICHAEL BISHOP KEY EMPLOYEE 2019 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 104120 111340 0 1 1 MATTHEW VANCE KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 75651 80897 0 1 1 BRETT BALLMAN KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 625000 637027 0 1 1 TROY-SKOTT POPE OFFICER 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 1650000 1681750 0 1 1 RANDY CLOES OFFICER 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 3000000 3039574 0 1 1 CHRISTIAN GRUNERT KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 850000 866356 0 1 1 MICHAEL BISHOP KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 650000 662508 0 1 1 SAMANTHA HARBERT KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 250000 254810 0 1 1 EILEEN MAGNUSSON KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 475000 484140 0 1 1 ROBERT SCHWEIGERT OFFICER 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 2571937 2605865 0 1 1 MATTHEW VANCE KEY EMPLOYEE 2020 COLLATERAL-ASSIGNMENT SPLIT-DOLLAR ARRANGEMENT X 375000 382216 0 1 1 12516232 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DRAFTED BY AN EXTERNAL ACCOUNTING FIRM AND COMPANY CONTROLLER AND IS THEN REVIEWED AND APPROVED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C IT IS MANDATORY THAT ALL EMPLOYEES ANNUALLY SIGN AN ETHICS STATEMENT ACKNOWLEDGING THAT THEY HAVE NOT RECEIVED ITEMS OR GIFTS WORTH MORE THAN $50.00. IN ADDITION, THE EXECUTIVE TEAM AND THE BOARD OF DIRECTORS SIGN AN ATTESTATION IN REGARDS TO THIS. EACH DEPARTMENT MANAGER HAS A DUTY TO REPORT ANY VIOLATIONS OF THIS POLICY IMMEDIATELY TO THE COMPLIANCE DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT SUBSCRIBES TO TWO ANNUAL FINANCIAL INSTITUTIONS COMPENSATION SURVEYS. COMPENSATION FOR EXECUTIVE OFFICERS IS APPROVED BY THE CEO IN CONSULTATION WITH THE INDEPENDENT EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION FOR THE CEO IS RECOMMENDED BY THE EXECUTIVE COMMITTEE AFTER REVIEWING MATERIAL PREPARED BY A CONSULTANT HIRED BY THE COMMITTEE OR ANALYSIS COMPLETED BY HEAD OF HUMAN RESOURCES. FINAL APPROVAL IS SUBJECT TO FULL BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. BALANCE SHEETS ARE POSTED AT EACH BRANCH AND UPDATED MONTHLY. MEMBERS ARE DIRECTED TO THE NCUA WEBSITE FOR ADDITIONAL FINANCIAL INFORMATION. FORM 990, PART XI, LINE 9: SUBSIDIARY INCOME BOOK/TAX DIFFERENCE 42,076. LENDING SOLUTIONS NORTHWEST LLC 9706 4TH AVENUE NE NO 400 SEATTLE WA 98115 461812634 AUTO LENDING WA 0 156270 SALAL CREDIT UNION SCU HOLDINGS LLC 9706 4TH AVENUE NE NO 400 SEATTLE WA 98115 814624261 HOLD REAL ESTATE WA 3242715 26095389 SALAL CREDIT UNION SALAL FOUNDATION 9706 4TH AVENUE NE NO 400 SEATTLE WA 98115 463476338 SUPPORTS PHILANTHROPIC ACTIVITIES WA 501(C)(3) LINE 7 SALAL CREDIT UNION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0