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 2,127th 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
Health
C+
Data as of Q2 2016
Learn more about bank healthAdditional 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
| Overall | |
|---|---|
| NCUA # | 13865 |
| Year Chartered | 1960 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.32% |
| Return on Equity - YTD | 3.38% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $59.2MM$58.6MM |
| Loans | Q2 2016vs Q2 2015 | $44.1MM$28.5MM |
| Deposits | Q2 2016vs Q2 2015 | $42.6MM$40.7MM |
| Equity Capital | Q2 2016vs Q2 2015 | $5.7MM$5.4MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $160.00K$107.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $863.00K$406.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $20.00K$22.00K |
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 |