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ALASKA AIR GROUP FEDERAL CREDIT UNION

Jun, 30, 2021 — ALASKA AIR GROUP FEDERAL CREDIT UNION is a federal credit union headquartered in SEATAC, WA with 2 branch locations and about $95.18 million in total assets. Opened 69 years ago in 1952, ALASKA AIR GROUP FEDERAL CREDIT UNION has about 6,609 members and employs 14 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: 325072166
Name:ALASKA AIR GROUP FEDERAL CREDIT UNION
Address:
(Main Office)
19530 INTERNATIONAL BLVD STE 108
SEATAC, WA 98188-5483
Phone:(206) 824-9800
Fax:(206) 824-1421
Website:http://www.aagcu.org
Branches:2 branch locations
Members:6,609
Credit Union Type:Federal Credit Union
Charter Number:8100
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1952
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$95,183,435
CEO/Manager:Dan Hein
Chairperson:Mylene Fritz

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 31,671,259
TOTAL INVESTMENTS 22,869,905
Loans Held for Sale 0
 
 Real Estate Loans 14,349,397
 Unsecured Loans 2,641,305
 Other Loans 22,758,786
 TOTAL LOANS 39,749,488
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -274,435
 Land And Building 0
 Other Fixed Assets 168,705
 NCUSIF Deposit 760,160
 All Other Assets 238,353
  TOTAL ASSETS 95,183,435
LIABILITIES & CAPITAL:  
 Dividends Payable 15,491
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 512,014
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,303,268
 Regular shares 60,365,397
 All Other Shares & Deposits 6,545,809
  TOTAL SHARES & DEPOSITS 82,214,474
  TOTAL LIABILITIES 82,741,979
 Regular Reserve 1,150,570
 Other Reserves 0
 Undivided Earnings 11,290,886
  TOTAL EQUITY 12,441,456
  TOTAL LIABILITIES, SHARES, & EQUITY 95,183,435
INCOME & EXPENSE  
 Loan Income 892,417
 Investment Income 32,497
 Other Income 41,014
 Total Employee Compensation & Benefits 535,221
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 549,418
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,065
 Cost of Funds 67,934
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 123,110
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