HEADQUARTERED IN ALASKA
Alaska banks and credit unions
13 institutions headquartered in Alaska. Totals describe institutions by headquarters, not deposits held at branches in the state.
Alaska banks
- 5 banks headquartered in Alaska reported $10.6 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined deposits were $8.4 billion, up 2.9% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 4.08%, and the median cost of all deposits was 1.18%.
- Institutions
- 5
- Combined total assets
- $10.6 billion
- Combined deposits
- $8.4 billion
- Deposit growth, 12 months
- +2.9%
- Loan growth, 12 months
- +7.1%
- Median net interest margin
- 4.08%
- Median return on assets
- 1.57%
- Median cost of deposits
- 1.18%
What stands out
- Northrim BankLeverage capital ratio rising faster than peers
- First BankNet charge-offs rising while the peer median holds steady
- First National Bank AlaskaDeposit costs among the lowest of similar banks
- Denali State BankEfficiency ratio rising while the peer median falls
Largest banks
| Institution | City | Total assets | Deposit growth | ROA |
|---|---|---|---|---|
| First National Bank Alaska | Anchorage | $5.1 billion | +2.8% | 1.64% |
| Northrim Bank | Anchorage | $3.4 billion | +4.2% | 2.05% |
| First Bank | Ketchikan | $890 million | +2.2% | 1.43% |
| Mt. Mckinley Bank | Fairbanks | $635 million | +0.9% | 0.77% |
| Denali State Bank | Fairbanks | $523 million | -1.0% | 1.57% |
Rankings
- Largest banks in Alaska
- Fastest deposits growth in Alaska
- Fastest loan growth in Alaska
- Highest return on assets in Alaska
All 5 banks headquartered in Alaska
- Denali State Bank Fairbanks
- First Bank Ketchikan
- First National Bank Alaska Anchorage
- Mt. Mckinley Bank Fairbanks
- Northrim Bank Anchorage
Alaska credit unions
- 8 credit unions headquartered in Alaska reported $16.6 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined shares and deposits were $14.3 billion, up 1.8% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 4.27%, and the median cost of all shares and deposits was 0.98%.
- Institutions
- 8
- Combined total assets
- $16.6 billion
- Combined shares and deposits
- $14.3 billion
- Share and deposit growth, 12 months
- +1.8%
- Loan growth, 12 months
- -0.6%
- Median net interest margin
- 4.27%
- Median return on assets
- 0.64%
- Median cost of shares and deposits
- 0.98%
What stands out
- Spirit of Alaska Federal Credit UnionAuto lending shrinking faster than peers
- Credit Union 1Net worth ratio rising faster than peers
- Matanuska Valley Federal Credit UnionNet charge-offs rising while the peer median falls
- Tongass Federal Credit UnionNet worth ratio falling while the peer median rises
- Global Federal Credit UnionShares and deposits shrinking while the peer median grows
- Northern Skies Federal Credit UnionShare and deposit costs among the highest of similar credit unions
- True North Federal Credit UnionLending absorbing more of the share base as cash falls
Largest credit unions
| Institution | City | Total assets | Share growth | ROA |
|---|---|---|---|---|
| Global Federal Credit Union | Anchorage | $13.0 billion | -0.1% | 0.54% |
| Credit Union 1 | Anchorage | $1.7 billion | +17.9% | 1.14% |
| Matanuska Valley Federal Credit Union | Palmer | $977 million | +2.3% | 0.74% |
| Tongass Federal Credit Union | Ketchikan | $252 million | +8.4% | 0.18% |
| True North Federal Credit Union | Juneau | $236 million | +0.5% | 0.17% |
| Northern Skies Federal Credit Union | Anchorage | $232 million | +9.7% | 1.36% |
| Spirit of Alaska Federal Credit Union | Fairbanks | $201 million | +2.8% | 0.52% |
| Alaska Dist Engineers Federal Credit Union | Jber | $12.5 million | -2.5% | 0.74% |
Rankings
- Largest credit unions in Alaska
- Fastest shares and deposits growth in Alaska
- Fastest loan growth in Alaska
- Highest return on assets in Alaska
All 8 credit unions headquartered in Alaska
- Alaska Dist Engineers Federal Credit Union Jber
- Credit Union 1 Anchorage
- Global Federal Credit Union Anchorage
- Matanuska Valley Federal Credit Union Palmer
- Northern Skies Federal Credit Union Anchorage
- Spirit of Alaska Federal Credit Union Fairbanks
- Tongass Federal Credit Union Ketchikan
- True North Federal Credit Union Juneau