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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 2,127th largest credit union in the nation. It was established in 1960 and as of June of 2016, it had grown to 16 employees and 3,338 members at 2 locations. Alps Federal Credit Union has a C+ 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 - YTD0.32%
Return on Equity - YTD3.38%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$59.2MM$58.6MM
LoansQ2 2016vs Q2 2015$44.1MM$28.5MM
DepositsQ2 2016vs Q2 2015$42.6MM$40.7MM
Equity CapitalQ2 2016vs Q2 2015$5.7MM$5.4MM
Loan Loss AllowanceQ2 2016vs Q2 2015$160.00K$107.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$863.00K$406.00K
Real Estate OwnedQ2 2016vs Q2 2015$20.00K$22.00K

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