Jun, 30, 2024 — 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 73 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.
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 |
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 |
↑ Back to Top |