Credit Unions Near Me
National Credit Union Service Organization

MATANUSKA VALLEY FEDERAL CREDIT UNION

Dec, 31, 2023 — MATANUSKA VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in PALMER, AK with 11 branch locations and about $934.78 million in total assets. Opened 76 years ago in 1948, MATANUSKA VALLEY FEDERAL CREDIT UNION has about 58,347 members and employs 161 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 325272335
Name:MATANUSKA VALLEY FEDERAL CREDIT UNION
Address:
(Main Office)
1020 S Bailey St
PALMER, AK 99645-6924
Phone:(907) 745-4891
Fax:(907) 745-9131
Website:https://www.mvfcu.coop
Branches:11 branch locations
Members:58,347
Credit Union Type:Federal Credit Union
Charter Number:5924
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1948
Last Audited:Dec 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$934,776,463
CEO/Manager:Ed Gravley
Chairperson:Karen Foster

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 103,181,883
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 223,547,510
 Unsecured Loans 16,483,288
 Other Loans 277,239,730
 TOTAL LOANS 526,718,969
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,439,071
 Land And Building 5,989,042
 Other Fixed Assets 3,113,015
 NCUSIF Deposit 6,763,648
 All Other Assets 570,359
  TOTAL ASSETS 934,776,463
LIABILITIES & CAPITAL:  
 Dividends Payable 16,195
 Notes & Interest Payable 69,786,284
 Accounts Payable & Other Liabilities 13,042,800
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 205,502,609
 Regular shares 194,082,012
 All Other Shares & Deposits 392,726,731
  TOTAL SHARES & DEPOSITS 792,311,352
  TOTAL LIABILITIES 875,156,631
 Regular Reserve 0
 Other Reserves -22,808,664
 Undivided Earnings 82,428,496
  TOTAL EQUITY 59,619,832
  TOTAL LIABILITIES, SHARES, & EQUITY 934,776,463
INCOME & EXPENSE  
 Loan Income 24,579,630
 Investment Income 12,155,898
 Other Income 2,554,514
 Total Employee Compensation & Benefits 15,905,528
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,721,314
 Non-operating Income & (Expense) 36,062
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,079,173
 Cost of Funds 8,539,543
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,523,386
↑ Back to Top

Other Credit Unions

ALASKA DIST ENGINEERS FEDERAL CREDIT UNION
2204 3RD ST STE 10
JBER, AK 99506-1518
ALPS FEDERAL CREDIT UNION
401 HALIBUT POINT RD
SITKA, AK 99835-7301
NORTHERN SKIES FEDERAL CREDIT UNION
1001 E Benson Blvd
ANCHORAGE, AK 99508
SPIRIT OF ALASKA FEDERAL CREDIT UNION
1417 Gillam Way
FAIRBANKS, AK 99701
MAC FEDERAL CREDIT UNION
1317 Wembley Ave
FAIRBANKS, AK 99701
TRUE NORTH FEDERAL CREDIT UNION
2777 Postal Way
JUNEAU, AK 99801
TONGASS FEDERAL CREDIT UNION
2000 Tongass Ave
KETCHIKAN, AK 99901-6046
CREDIT UNION 1
1941 Abbott Rd
ANCHORAGE, AK 99507
ALASKA USA FEDERAL CREDIT UNION
4000 Credit Union Dr
ANCHORAGE, AK 99503