Alps Federal Credit Union
Overview / Commentary
Alps Federal Credit Union is headquartered in Sitka and is the 10th largest credit union in the state of Alaska. It is also the 2,221st largest credit union in the nation. It was established in 1960 and as of March of 2017, it had grown to 13 employees and 3,366 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
Health
B
Data as of Q1 2017
Learn why bank health mattersAdditional 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, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13865 |
| Year Chartered | 1960 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.37% |
| Return on Equity - YTD | -24.78% |
| Annual Interest Income | $598.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $56.2MM$60.9MM |
| Loans | Q1 2017vs Q1 2016 | $42.0MM$44.2MM |
| Deposits | Q1 2017vs Q1 2016 | $44.1MM$42.6MM |
| Equity Capital | Q1 2017vs Q1 2016 | $5.4MM$5.6MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $521.00K$154.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $782.00K$1.2MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$20.00K |
Rates
Sorry, we do not have rate data for Alps Federal Credit Union.
Locations
| Alps Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 401 Halibut Point Rd | Sitka, AK 99835-7301 |
| Branch Office | 312 N Nordic Dr | Petersburg, AK 99833 |