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Overview / Commentary
907-257-7200
440 E 36th Ave
Anchorage, AK 99503

Denali Alaskan Credit Union is headquartered in Anchorage and is the 3rd largest credit union in the state of Alaska. It is also the 411st largest credit union in the nation. It was established in 1948 and as of March of 2014, it had grown to 329 employees and 59,383 members. Denali Alaskan Credit Union has a A health rating.

Field of Membership Restrictions

Must be a member or employee of any of their Selected Employer Group (SEG) - See Details

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Denali Alaskan Credit Union had $3.25 million in non-current loans and owned real-estate with $50.86 million in equity and loan loss allowances on hand to cover it. This gives Denali Alaskan Credit Union a Texas Ratio of 6.39% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Denali Alaskan Credit Union experienced no significant changes from 5.69% as of March 31, 2013 to 6.39% as of March 31, 2014, resulting in a negative change of 12.44%. This indicates that the balance sheet and financial strength for Denali Alaskan Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Denali Alaskan Credit Union has increased its total deposits by $17.14 million, resulting in 3.82% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Denali Alaskan Credit Union has shown is excellent.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Denali Alaskan Credit Union has $544.14 million in assets with $50.86 million in equity, resulting in a capitalization level of 9.35%, which is average.

Institution Statistics

Overall
NCUA #5912
Year Chartered1948
Employees329
Primary Regulator
Assets and Liabilities
Assets$544.14 million
Loans$485.00 million
Deposits$466.35 million
Equity Capital$46.38 million
Loan Loss Allowance$4.48 million
Unbacked Noncurrent Loans$3.25 million
Real Estate Owned$0
Historic Data - March 2013
Assets$516.30 million
Equity Capital$43.54 million
Loan Loss Allowance$3.99 million
Unbacked Noncurrent Loans$3.25 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.33%
Return on Assets1.02%
Return on Equity11.96%
Interest Income$6.84 million
Rates

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Denali Alaskan Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$2,500-Basic Savings
0.20%$2,500-Target Savings
0.20%$2,500-Kids Prospector Club
0.20%$2,500-Teen Power Savings
0.20%$100-Traditional IRA Savings
0.20%$100-Roth IRA Savings
0.20%$100-Roth Conversion IRA

Denali Alaskan Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$50k-Money Market Savings

Denali Alaskan Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$1k-Advantage Checking
0.05%$1k-Advantage Plus Checking
0.05%$1k-Advantage Legacy Checking
0.05%$1k-Advantage Legacy Plus Checking
0.05%$1,500-Checking Plus

Denali Alaskan Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$500-30 Month Certificate
0.95%$500-24 Month Certificate
0.85%$500-18 Month Certificate
0.80%$500-12 Month Certificate
0.40%$500-6 Month Certificate

Denali Alaskan Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$500-36 Month IRA Certificate
0.85%$500-24 Month IRA Certificate
0.55%$500-12 Month IRA Certificate
Locations

Denali Alaskan Credit Union has 20 locations. Click to view all Denali Alaskan Credit Union locations.