Alaska

REGULATING AGENCY: Alaska Department of Commerce, Community, and Economic Development; Division of Banking and Securities

Alaska State Capitol

LEAGUE: Alaska Credit Union League

PRIVATE SHARE INSURANCE: No

STATS: (As of June 2021)

Total Number of Credit Unions: 10

  • TOTAL # SCUs: 1
  • TOTAL # FCUs: 9
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 10%

Total Assets:  $13,355,324,533

  • TOTAL $ SCU ASSETS:  $1,382,195,898
  • TOTAL $ FCU ASSETS:  $11,973,128,635
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 10%

Total Members: 910,967 

  • TOTAL Members SCUs:  91,900
  • TOTAL Members FCUs:  819,067
  • SCU % OF TOTAL (SCUS/STATE TOAL): 10%

FUN FACT: The state is known for fishing, mining, and oil, but its latest industry is peonies. Peony farms blossomed from zero in 2000 to more than 200 in 2014 and currently, they grow around 1.5 million stems a year.


RECENT NEWS:

Alaska USA Foundation donates $35,000 to local nonprofits in Alaska, California and Washington

August 9, 2021 – With more than 17 years of service to the community, the Alaska USA Foundation is committed to organizations that assist children, veterans, and active-duty military members and their families. Recently, they donated a total of $35,000 to local nonprofits in Alaska, California’s High Desert, and Washington.

$10,000 was donated to Greater Hope Foundation of Barstow, CA in support of their Family Hope Connections Project. The project connects foster children and families with trained professional clinicians in engaging, age-specific, therapeutic, and educational activities. $10,000 was donated to The Children’s Hospital at Providence which provides state-of-the-art medical treatment for Alaska’s newborns, children, and their families. $10,000 was donated to Together! in Tumwater, WA. The funds go directly to the Together! Club House program, which serves youth and families in the South Sound, providing integrated academic, health and social services along with youth development and community engagement to low-income, struggling students.

READ MORE


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