MAC Federal Credit Union

Overview / Commentary
541 10th Ave
Fairbanks, AK 99701

MAC Federal Credit Union is headquartered in Fairbanks and is the 6th largest credit union in the state of Alaska. It is also the 1,361st largest credit union in the nation. It was established in 1952 and as of June of 2021, it had grown to 68 employees and 14,776 members at 3 locations. MAC Federal Credit Union's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in MAC Federal Credit Union is open to anyone who lives in Alasaka through membership in the Polar Bear Chapter of the Association of the United States Army ($40 two-year membership). Membership is also open to those who live, work, attend school, or worship in the Fairbanks North Star Borough of Alaska (includes Badger Road, Chatanika, Chena Hot Springs, Chena Ridge, Eielson AFB, Ester, Fairbanks, Farmers Loop, Ft. Wainwright, Fox, Goldstream, Harding-Birch Lakes, Moose Creek, North Pole, Pleasant Valley, Salcha, South Van Horn, Steele Creek, Two Rivers, and UAF).
See current membership details

Reviews (3)

MACFCU Treats Me Well

Posted by: |

I have been a member for a very long time. This is a business I enjoy walking into. Friendly, helpful staff. I also noticed that as of today they have the highest 4 year CD rate in the nation!!

Misinformation Given By Employee

Posted by: |

I attempted to buy a CD from this credit union. A rep who sounded like she just woke up told me that "anyone could join" the credit union by buying membership in the AUSA organization. I went through the steps and paid $40 to join. But when I called MAC CU back they told me that I was still not eligible: I had to live in Alaska. The rep gave me false information.

Run For The Hills!

DO NOT TAKE A LOAN FROM THESE CRIMINALS! I have had 6 years of issues with these clowns. They amassed my mother the entire time I was deployed, telling her it was urgent they speak with me despite the fact I was making double payments each month. Then, a year ago they illegally repoed my truck claiming that my insurance had lapsed 6 months after I had switched companies.(the mistake was that the new insurance hadn't contacted them as they should have, then they lied about when my old company reported my policy had expired....they're not organized at all) When I brought the error to the attention of one of their collection agents, including the missing payments no one else could account for, she assured me she would get to the bottom of it. I received two more phone calls from her saying she was still working on finding my missing payments and trying to get me the statements I had requested. They don't supply their clients with a statement month to month letting you know the status of your loan and what remains to be paid. Coincidentally, she "is no longer with us", according of the new agent that stopped returning my emails and phone calls about 2 months before I recieve a notice from a collections firm. These people are crooks. If only I had listened to my senior leadership and refinanced with another company as soon as possible, I wouldn't be fighting to get my money back and keep my truck. Thanks for screwing the troops, MAC! I only gave you one star because there isn't a negative star option.


Health Grade Components

NCUA #8080
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD2.43%
Return on Equity - YTD16.59%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$168.0MM$146.6MM
LoansQ2 2021vs Q2 2020$133.4MM$121.6MM
DepositsQ2 2021vs Q2 2020$139.7MM$120.7MM
Equity CapitalQ2 2021vs Q2 2020$24.6MM$22.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$975.00K$1.8MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$425.00K$440.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
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Always verify rates and promotions with the bank or credit union. We are not MAC Federal Credit Union; 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.

MAC Federal Credit Union Savings Account Rates

0.75%--IRA Savings Account
0.75%--Converted Roth IRA Savings
0.30%*$5k*-Regular Share Savings
OTHER TIERS: 0.15% $50 - $5k
0.30%-$50kHoliday Savings Club
0.30%--MAC Teen Savings Club
0.30%-$50kMAC Kids Club
0.30%*$5k*-Business Share Savings
OTHER TIERS: 0.15% $50 - $5k
0.30%*$5k*-Secondary Shares
OTHER TIERS: 0.15% $50 - $5k

MAC Federal Credit Union Money Market Rates

0.60%*$50k*-Money Market Account
OTHER TIERS: 0.15% $2.5k - $5k | 0.30% $5k - $10k | 0.35% $10k - $25k | 0.45% $25k - $50k

MAC Federal Credit Union Checking Account Rates


MAC Federal Credit Union CD Rates

1.15%$1k$100k48 Month Share Certificate
1.00%$1k$100k36 Month Share Certificate
0.95%$1k$100k24 Month Share Certificate
0.75%$1k$100k12 Month Share Certificate
0.45%$1k$100k6 Month Share Certificate

MAC Federal Credit Union IRA Rates

0.95%$1k-24 Month IRA
0.75%$1k-12 Month IRA

MAC Federal Credit Union Locations
Branch Office3700 Santiago StFort Wainwright, AK 99703
Branch Office541 10th AveFairbanks, AK 99701
Corporate Office1317 Wembley AveFairbanks, AK 99701

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