Tongass Federal Credit Union is headquartered in Ketchikan and is the 5th largest credit union in the state of Alaska. It is also the 1,212th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 81 employees and 13,871 members at 13 locations. Tongass Federal Credit Union has an A health rating.
Membership in Tongass Federal Credit Union is open to those who live or work in Prince of Wales-Hyder Census Area, Wrangell City and Borough, Petersburg Borough, Haines Borough, Hoonah-Angoon Census Area, Juneau City and Borough, Sitka City and Borough, Municipality of Skagway, Yakutat City and Borough, Valdez-Cordova Census Area, Kenai Peninsula Borough, or Kodiak Island Borough.
See current membership details
Overall | |
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NCUA # | 15523 |
Year Chartered | 1963 |
Employees | 81 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.15% |
Return on Equity - YTD | 1.82% |
Annual Interest Income | $3MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $222.4MM$211.5MM |
Loans | Q1 2025vs Q1 2024 | $150.7MM$145.3MM |
Deposits | Q1 2025vs Q1 2024 | $192MM$182.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $18.8MM$16.4MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $468K$399K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $379K$739K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Tongass Federal Credit Union are currently being reviewed.