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541 10th Ave
Fairbanks, AK 99701

MAC Federal Credit Union is headquartered in Fairbanks and is the 7th largest credit union in the state of Alaska. It is also the 1,592nd largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 28 employees and 13,303 members. MAC Federal Credit Union's savings rates are 92% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Eligible persons are those who live, work, worship, or attend school in the Fairbanks-North Star Borough, and businesses and other legal entities located in the Fairbanks-North Star Borough. Employees of the qualified employee groups that are within the field of membership, and current members' immediate family by blood or marriage also qualify credit union membership. - See Details

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Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. MAC Federal Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 MAC Federal Credit Union had $729,000 in non-current loans and owned real-estate with $14.04 million in equity and loan loss allowances on hand to cover it. This gives MAC Federal Credit Union a Texas Ratio of 5.19% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for MAC Federal Credit Union decreased slightly from 6.16% as of December 31, 2012 to 5.19% as of December 31, 2013, resulting in a positive change of 15.67%.This indicates that the balance sheet and financial strength for MAC Federal Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, MAC Federal Credit Union has decreased its total deposits by $-870,000, resulting in -1.14% 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 MAC Federal Credit Union has shown is average.



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. MAC Federal Credit Union has $90.16 million in assets with $14.04 million in equity, resulting in a capitalization level of 15.57%, which is excellent.

Institution Statistics

NCUA #8080
Year Chartered1952
Primary Regulator
Assets and Liabilities
Assets$90.16 million
Loans$55.35 million
Deposits$75.63 million
Equity Capital$12.61 million
Loan Loss Allowance$1.43 million
Unbacked Noncurrent Loans$579,000
Real Estate Owned$150,000
Historic Data - December 2012
Assets$90.30 million
Equity Capital$11.94 million
Loan Loss Allowance$1.56 million
Unbacked Noncurrent Loans$579,000
Real Estate Owned$175,000
Profit Margin - Quarterly
Net Interest Margin7.73%
Return on Assets1.27%
Return on Equity9.05%
Interest Income$4.92 million

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MAC Federal Credit Union Savings Account Rates

1.00%--IRA Savings Account
1.00%--Roth IRA Savings Account
1.00%--CESA Savings Account
1.00%--Converted Roth IRA Savings
0.65%-$50kHoliday Savings Club
0.65%--MAC Teen Savings Club
0.65%-$50kMAC Kids Club
0.50%$50-Regular Share Savings
0.50%--Business Share Savings

MAC Federal Credit Union Money Market Rates

0.75%$50k-Money Market Account

MAC Federal Credit Union Checking Account Rates


MAC Federal Credit Union CD Rates

1.65%$1k-48 Month CD
1.54%$10k-36 Month CD
1.15%$1k-24 Month CD
0.85%$1k-12 Month CD
0.50%$1k-6 Month CD

MAC Federal Credit Union IRA Rates

1.15%--24 Month IRA
1.15%--24 Month Roth IRA
1.15%--24 Month Converted Roth IRA
1.15%--24 Month CESA
0.85%--12 Month IRA
0.85%--12 Month Roth IRA
0.85%--12 Month Converted Roth IRA
0.85%--12 Month CESA

MAC Federal Credit Union Locations
Branch Office3700 Santiago StFort Wainwright, AK 99703
Branch Office541 10th AveFairbanks, AK 99701