We have over 75 years of experience supporting underserved communities, and this includes providing essential banking services for people working in the cannabis industry.
Matt Vance, First Vice President, Marketing & Product Strategy
If you own a cannabis business or work in the industry, choosing the right financial institution can make all the difference. Here at Salal, we’re proud of the many decades we’ve spent providing financial solutions to underserved communities. And we’re equally proud to have served the cannabis industry since the first recreational cannabis stores in our home state of Washington opened to the public in 2014.
Beyond Traditional Banking: It’s About Trust and Collaboration
We firmly believe that being a full-service financial institution is more than just offering checking accounts and loans; it’s about being a true partner in our members’ financial well-being and long-term success. You and your family deserve access to financial services, and we can meet your needs.
We also understand that banking is more than just transactions—it’s about meaningful relationships and feeling secure. There’s power in coming together, which is why we emphasize collaboration and community building. We don’t just serve our members—we collaborate with them to help strengthen their individual financial security and grow their businesses.
Supporting Your Industry: Our Commitment to You
The cannabis industry has seen incredible growth and change over the last decade, and Salal Credit Union has been there for the entire journey. Since 2014, we’ve built our rock-solid foundation on serving businesses, partners, and members within this industry. We’re passionate in our commitment to supporting our members who work in cannabis.
At Salal, we offer cannabis industry professionals and business owners the opportunity to bank worry-free. What do we mean by that? We mean that you don’t have to hide the fact that you work in the industry or fear that you might have a critical loan application rejected when you share the source of your income. While not all banks and credit unions will close your account once they find out you work in cannabis, it’s something we’ve seen happen all too often.
Financial Education for Empowerment
Financial empowerment begins with knowledge, and that’s why we provide comprehensive financial education and resources to our members. We want you to be confident in making informed decisions about your finances.
We also know that every member is unique, with their own financial goals and aspirations. That’s why Salal offers personalized financial guidance to help you achieve your dreams. Whether you’re planning for the future, expanding your cannabis business, or simply looking for ways to manage your finances better, our dedicated team is here to assist you every step of the way.
Join the Salal Credit Union Cannabis Community
Selecting the right financial partner is critical for your financial success, particularly in a unique industry like cannabis. Salal Credit Union is your reliable cannabis financial partner, backed by a legacy of over 75 years of unwavering commitment. Regardless of any potential changes in the federal legalization landscape, we’re here to support the industry, along with our valued businesses, partners, and members.
By becoming a member, it’s easy to apply for services like checking accounts with no fees for non-sufficient funds or overdrafts1, home loans and mortgage refinancing with $1,000 off closing costs2, and credit cards3 with rates typically much lower than for-profit banks. And all Salal accounts come with convenient 24/7 digital banking with great features like Mobile Check Deposit and free credit monitoring with SavvyMoney.
Beyond offering our full suite of financial services, we constantly strive to build relationships and strengthen communities. Our commitment to our members and the cannabis industry is steadfast, and we’re excited to continue to serve the ever-evolving cannabis industry for decades to come. That’s why we’re proud to say that cannabis professionals finally have a credit union that truly has their back. It’s all empowerment, zero-judgment cannabis banking.
Our focus on safety, security, and comprehensive financial solutions ensures that you always have a trusted partner by your side. Join us in building a strong and prosperous community together, where your financial well-being is our top priority.
Do you work in cannabis? Reach out today to become a member and bank with a financial institution that understands you.
