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ALASKA AIR GROUP FEDERAL CREDIT UNION

Sep, 30, 2022 — ALASKA AIR GROUP FEDERAL CREDIT UNION is a federal credit union headquartered in SEATAC, WA with 2 branch locations and about $105.09 million in total assets. Opened 71 years ago in 1952, ALASKA AIR GROUP FEDERAL CREDIT UNION has about 6,983 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)
2800 S 192nd St Ste 106
SEATAC, WA 98188-5164
Phone:(206) 824-9800
Fax:(206) 824-1421
Website:https://www.aagcu.org
Branches:2 branch locations
Members:6,983
Credit Union Type:Federal Credit Union
Charter Number:8100
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1952
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$105,091,185
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 41,214,555
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 16,529,918
 Unsecured Loans 2,938,870
 Other Loans 26,523,513
 TOTAL LOANS 45,992,301
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -233,275
 Land And Building 0
 Other Fixed Assets 150,245
 NCUSIF Deposit 855,480
 All Other Assets 0
  TOTAL ASSETS 105,091,185
LIABILITIES & CAPITAL:  
 Dividends Payable 14,238
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 910,350
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,774,706
 Regular shares 67,683,305
 All Other Shares & Deposits 6,594,757
  TOTAL SHARES & DEPOSITS 91,052,768
  TOTAL LIABILITIES 91,977,356
 Regular Reserve 0
 Other Reserves 1,150,570
 Undivided Earnings 11,963,259
  TOTAL EQUITY 13,113,829
  TOTAL LIABILITIES, SHARES, & EQUITY 105,091,185
INCOME & EXPENSE  
 Loan Income 1,390,652
 Investment Income 422,665
 Other Income 88,038
 Total Employee Compensation & Benefits 886,629
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 869,868
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -24,000
 Cost of Funds 159,249
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 356,519
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