ALPS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.alpsfcu.org for more information.
Dec, 31, 2023 — ALPS FEDERAL CREDIT UNION is a federal credit union headquartered in SITKA, AK with 2 branch locations and about $83.58 million in total assets. Opened 64 years ago in 1960, ALPS FEDERAL CREDIT UNION has about 4,046 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALPS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 401 HALIBUT POINT RD SITKA, AK 99835-7301 |
Phone: | (907) 747-6261 |
Fax: | (907) 747-8038 |
Website: | https://www.alpsfcu.org |
Branches: | 2 branch locations |
Members: | 4,046 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13865 |
---|---|
Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $83,582,322 |
CEO/Manager: | Sandi Riggs |
Chairperson: | Ron Conner |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 17,339,079 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 22,605,406 |
Unsecured Loans | 1,314,818 |
Other Loans | 18,853,095 |
TOTAL LOANS | 42,773,319 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -198,658 |
Land And Building | 630,680 |
Other Fixed Assets | 142,141 |
NCUSIF Deposit | 673,869 |
All Other Assets | 0 |
TOTAL ASSETS | 83,582,322 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 33 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 690,950 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 26,070,118 |
Regular shares | 38,804,203 |
All Other Shares & Deposits | 13,415,382 |
TOTAL SHARES & DEPOSITS | 78,289,703 |
TOTAL LIABILITIES | 78,980,686 |
Regular Reserve | 0 |
Other Reserves | -2,499,476 |
Undivided Earnings | 7,101,112 |
TOTAL EQUITY | 4,601,636 |
TOTAL LIABILITIES, SHARES, & EQUITY | 83,582,322 |
INCOME & EXPENSE | |
Loan Income | 1,553,373 |
Investment Income | 200,272 |
Other Income | 456,126 |
Total Employee Compensation & Benefits | 892,312 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,041,198 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,178 |
Cost of Funds | 105,233 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 194,690 |
↑ Back to Top |