Tongass Federal Credit Union

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A short history of Tongass FCU

Since its inception in 1963 the Tongass Federal Credit Union has been serving its members in the KETCHIKAN, Alaska area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Helen Mickel, the Tongass FCU has grown its membership to over 7,685 with assets of more than $73,447,984. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (907) 225-9063 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in KETCHIKAN, AK.

General Information For Tongass FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 15523
Address 2000 TONGASS AVE 
State Alaska 
Zip-Code 99901
Phone Number (907) 225-9063
Fax Number (907) 225-9002
Email Address: none
CEO/President Helen Mickel
Members 7,685 
Full-Time Employees 29 
Part-Time Employees 12 
Number of Branch Offices
Total Assets 73,447,984 

Compare Tongass Federal Credit Union To Other Local Credit Unions

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Tongass Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Tongass Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.95 3.14 5.23 5.26 5.36
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 337 160 353 298 273
Rank Among All Alaska Credit Unions 6 6 7 9 6

Tongass Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.15 1.00 1.08
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 124 174 149
Rank Among All Alaska Credit Unions N/A 4 9 3 2
Tongass Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9507981,907,798
All Other Unsecured Loans/Lines of Credit 10.7002501,077,968
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.00093,322
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.1401202,321,286
Used Vehicle Loans 5.2308378,049,345
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.26033520,118,140
Total Other Real Estate Loans/Lines of Credit 5.360772,653,747
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.88031111,412,610
TOTAL LOANS & LEASES 2,73747,544,216

Tongass Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 18411,621,171181,582,366
    a. > 15 years 0000
    b. 15 Years or less 616,230,2236901,747
Other Fixed Rate 681,560,50412319,289
Adjustable Rate 1 yr or less 22706,2427251,795
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 371,274,9874218,332
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 401,378,7605139,179
Open-End Fixed Rate 0000
TOTALS 41222,771,887523,412,708


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Tongass Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes