Northern Skies Federal Credit Union
Overview / Commentary
Northern Skies Federal Credit Union is headquartered in Anchorage and is the 7th largest credit union in the state of Alaska. It is also the 1,362nd largest credit union in the nation. It was established in 1967 and as of June of 2022, it had grown to 50 employees and 12,036 members at 2 locations. Northern Skies Federal Credit Union has an A health rating.
Field of Membership Restrictions
Northern Skies Federal Credit Union is open to anyone who lives, works, worships, goes to school, or volunteers in Alaska. Immediate family of current credit union members are also welcome.
See current membership details
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18204 |
| Year Chartered | 1967 |
| Employees | 50 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 13.37% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $176.0MM$160.2MM |
| Loans | Q2 2022vs Q2 2021 | $129.3MM$119.9MM |
| Deposits | Q2 2022vs Q2 2021 | $151.6MM$138.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $20.7MM$18.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $196.00K$341.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $897.00K$329.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |