Sep, 30, 2025 — NORTHERN SKIES FEDERAL CREDIT UNION is a federal credit union headquartered in ANCHORAGE, AK with 2 branch locations and about $220.71 million in total assets. Opened 59 years ago in 1967, NORTHERN SKIES FEDERAL CREDIT UNION has about 13,912 members and employs 60 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHERN SKIES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1001 E Benson Blvd ANCHORAGE, AK 99508 |
| Phone: | (907) 561-1407 |
| Fax: | (907) 561-4005 |
| Website: | https://www.nsfcu.org |
| Branches: | 2 branch locations |
| Members: | 13,912 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18204 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $220,712,006 |
| CEO/Manager: | D. Kyler Howlett |
| Chairperson: | Marva Luhrs |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,910,988 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 32,097,619 |
| Unsecured Loans | 8,581,512 |
| Other Loans | 131,435,264 |
| TOTAL LOANS | 172,114,395 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -735,420 |
| Land And Building | 8,267,310 |
| Other Fixed Assets | 984,875 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,462,317 |
| All Other Assets | 182,792 |
| TOTAL ASSETS | 220,712,006 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 517,527 |
| Notes & Interest Payable | 1,482,734 |
| Accounts Payable & Other Liabilities | 1,416,496 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 36,251,197 |
| Regular shares | 43,047,184 |
| All Other Shares & Deposits | 109,451,164 |
| TOTAL SHARES & DEPOSITS | 188,749,545 |
| TOTAL LIABILITIES | 192,166,302 |
| Regular Reserve | 0 |
| Other Reserves | -16,717 |
| Undivided Earnings | 28,562,421 |
| TOTAL EQUITY | 28,545,704 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 220,712,006 |
| INCOME & EXPENSE | |
| Loan Income | 9,361,335 |
| Investment Income | 1,079,450 |
| Other Income | 980,809 |
| Total Employee Compensation & Benefits | 3,872,311 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,531,363 |
| Non-operating Income & (Expense) | -106,999 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 440,717 |
| Cost of Funds | 3,224,220 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,058,406 |
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