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Overview / Commentary
401 Halibut Point Rd
Sitka, AK 99835

Alps Federal Credit Union is headquartered in Sitka and is the 10th largest credit union in the state of Alaska. It is also the 2,170th largest credit union in the nation. It was established in 1960 and as of December of 2016, it had grown to 13 employees and 3,353 members at 2 locations. Alps Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, worship, work in or attend school in southeast Alaska – from the City and Borough of Yakutat all the way down the Alaska panhandle.
See current membership details


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

Health Grade Components

NCUA #13865
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD3.71%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$57.4MM$67.1MM
LoansQ4 2016vs Q4 2015$42.5MM$43.5MM
DepositsQ4 2016vs Q4 2015$45.1MM$43.4MM
Equity CapitalQ4 2016vs Q4 2015$5.8MM$5.6MM
Loan Loss AllowanceQ4 2016vs Q4 2015$191.00K$148.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$65.00K$991.00K
Real Estate OwnedQ4 2016vs Q4 2015$10.00K$20.00K

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Alps Federal Credit Union Locations
Branch Office401 Halibut Point RdSitka, AK 99835-7301
Branch Office312 N Nordic DrPetersburg, AK 99833