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ALASKA AIR GROUP FEDERAL CREDIT UNION

Mar, 31, 2022 — ALASKA AIR GROUP FEDERAL CREDIT UNION is a federal credit union headquartered in SEATAC, WA with 2 branch locations and about $106.60 million in total assets. Opened 70 years ago in 1952, ALASKA AIR GROUP FEDERAL CREDIT UNION has about 6,700 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.


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:http://www.aagcu.org
Branches:2 branch locations
Members:6,700
Credit Union Type:Federal Credit Union
Charter Number:8100
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1952
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$106,599,838
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 48,738,716
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 13,685,662
 Unsecured Loans 2,137,093
 Other Loans 23,749,501
 TOTAL LOANS 39,572,256
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -220,147
 Land And Building 0
 Other Fixed Assets 174,780
 NCUSIF Deposit 813,278
 All Other Assets 0
  TOTAL ASSETS 106,599,838
LIABILITIES & CAPITAL:  
 Dividends Payable 15,000
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,315,053
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,506,245
 Regular shares 68,410,660
 All Other Shares & Deposits 6,531,494
  TOTAL SHARES & DEPOSITS 92,448,399
  TOTAL LIABILITIES 93,778,452
 Regular Reserve 0
 Other Reserves 1,150,570
 Undivided Earnings 11,670,816
  TOTAL EQUITY 12,821,386
  TOTAL LIABILITIES, SHARES, & EQUITY 106,599,838
INCOME & EXPENSE  
 Loan Income 432,742
 Investment Income 46,688
 Other Income 26,884
 Total Employee Compensation & Benefits 312,724
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 269,258
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -34,065
 Cost of Funds 32,243
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 64,075
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