Salal Credit Union
9706 4th Ave NESeattle WA 98115
Company Description:Salal Credit Union has been banking the cannabis industry, and the ancillary businesses that support it, since 2014. That makes us one of, if not the original financial institution in the country. Since 2014 we have built out our product and service offerings. We are currently able to offer this industry the same products and services that we are able to offer to traditional industries. That includes multiple deposit accounts and CDs, advanced money movement tools (ACH, Wire, Remote Deposit Capture for Checks) fraud protection (Positive Pay), and a full suite of lending products (vehicle and equipment loans, operating lines of credit, commercial real estate loans and lines). We also have a dedicated team that works with business owners and their employees to assist them with deposit accounts, personal credit cards, car loans, lines of credit and home mortgages. We would love to have an opportunity to meet to see how we can be of assistance to you.
Christoffer McCollom
Business Banking Sales Manager @ Salal Credit Union
Michael McIntyre
Business Officer, Salal Credit Union @ Salal Credit Union
Networking Profile
What we offer:We have found a way to streamline many of the pain points cannabis businesses experience and offer personalized banking solutions with not only a dedicated support team, but also an assigned relationship manager committed to providing you and your business a frustration free banking experience.
Online banking with controlled access and dual control
Remote deposit check capture with same day credits
Online domestic wire origination (manual international wire process available)
Online ACH batch origination and Positive Pay ACH / Checks
Cash logistics - including cash pick-up and delivery, smart safes and cash recyclers with provisional credit
Business Savings, Money Market, and CD accounts
Business Debit Cards for signers and non-signers
Commercial Real Estate Loans, Business Credit Cards, Equipment Lending
Our goal is to ensure this industry has the same access to banking products and services that every other industry in the nation has access to, while providing piece of mind that you will never be kicked out of the Credit Union because your income is derived from cannabis.
Online banking with controlled access and dual control
Remote deposit check capture with same day credits
Online domestic wire origination (manual international wire process available)
Online ACH batch origination and Positive Pay ACH / Checks
Cash logistics - including cash pick-up and delivery, smart safes and cash recyclers with provisional credit
Business Savings, Money Market, and CD accounts
Business Debit Cards for signers and non-signers
Commercial Real Estate Loans, Business Credit Cards, Equipment Lending
Our goal is to ensure this industry has the same access to banking products and services that every other industry in the nation has access to, while providing piece of mind that you will never be kicked out of the Credit Union because your income is derived from cannabis.
What type of partners are we looking for?We are looking to connect with business entities in the cannabis industry in need of a full service Credit Union that specializes in providing banking products and services to both the cannabis industry and the ancillary businesses that support it. We are also looking to build relationships with business entities that specialize in this industry as we look to add value to the members of our Credit Union.
Services we are offering
Images:- Financial Services
Business Services for the Cannabis Industry
Cannabis Business Intro Letter