Credit Union 1 is headquartered in Anchorage and is the 2nd largest credit union in the state of Alaska. It is also the 308th largest credit union in the nation. It was established in 1982 and as of December of 2022, it had grown to 407 employees and 98,023 members at 12 locations. Credit Union 1's CD rates are 3X the national average, and it has an A health rating.
Membership in Credit Union 1 is open to anyone who lives or works in the state of Alaska.
See current membership details
CONS: If you need to call, plan on waiting 10 minutes minimum to reach a person. I have yet to call them and wait less than 15 minutes to reach a person. Tellers have to do everything/even order checks. A check drawn on CU1 cannot be cashed, if you have an account with them.. I've asked. They refuse. Even checks drawn on CU1 are required to run through your personal account.
PROS: CU1s mobile app is nice, especially the remote deposit. Another way not to have to go there in person.
Overall | |
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NCUA # | 66157 |
Year Chartered | 1982 |
Employees | 407 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 7.65% |
Annual Interest Income | $50.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $1.48B$1.47B |
Loans | Q4 2022vs Q4 2021 | $1.01B$843.9MM |
Deposits | Q4 2022vs Q4 2021 | $1.31B$1.29B |
Equity Capital | Q4 2022vs Q4 2021 | $146.9MM$159.3MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $9.8MM$8.0MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $8.8MM$6.3MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$278.00K |
Always verify rates and promotions with the bank or credit union. We are not Credit Union 1; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $1k | - | Premium Spending | |
0.05% | $5k | - | Business Premium Spending |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.03% | $500 | - | 1 Year IRA Certificate | |
2.68% | $500 | - | 4 Year IRA Certificate | |
2.68% | $500 | - | 5 Year IRA Certificate | |
2.57% | $500 | - | 3 Year IRA Certificate | |
2.17% | $500 | - | 2 Year IRA Certificate |