The Credit Union Difference

Credit unions provide the same financial services as banks, but we pride ourselves on being different.  At a credit union, you are an owner, not a customer.  Credit unions work to make a positive difference in your financial wellbeing and in the communities we serve.

Credit unions are non-profit
As a non-profit, we return our profits to members in the form of better rates and less fees.  By putting your money into the credit union, you are helping your neighbor to be able to borrow funds at lower rates and with less fees than banks offer.  Banks are owned privately, so your transactions make the bank owners money, not the customers.

Credit unions are community-minded
We support our local communities by volunteering and donating resources to organizations in need.

Credit unions care about their members
How we care:

• Outstanding Member Service is our goal & your financial success is our priority
• Credit union profit goes to: educational programs for our youth (financial reality fairs), higher dividends, and community donations.

As a member of the credit union you have a say! Our board and supervisory members are voted on by our membership. Please come to our Annual Meeting to learn more about how your vote counts!

Credit unions work together
Shared Branching: You can dodge ATM fees and conduct your ALPS FCU business even when you’re far from home at more than 5,600 participating credit union locations, because credit unions work together! Learn more on our Locations page. 

The Alaska Credit Union League is a group of credit union leaders that are working  to solve relevant issues that are present today in the financial industry.

Who Can Join?

Anyone who lives, works, worships, or attends school, as well as businesses and other legal entities, in the following areas:

• Haines Borough
• Hoonah-Angoon Census Area
• Juneau City and Borough
• Ketchikan City and Borough
• Petersburg Census Area
• Prince of Wales-Hyder Census Area
• Sitka City and Borough
• Skagway Municipality
• Wrangell City and Borough
• Yakutat City and Borough

Also, spouses of Persons who died while within our field of membership; employees of this credit union; members of their immediate families or households; and organizations of such persons.

Why Join?

Because you understand the importance of value, you want to support local businesses, and you prefer to be treated as a friend and neighbor rather than an account number. Our founders sought to create a local institution that understood and served the specialized needs of people living and working in southeast Alaska; that emphasized value and service over profits, and that would be responsive to members’ needs.

Member Benefits

• Lower interest rates
• Lower Fees
• High dividends
• More forgiving qualification standards for new accounts and lending
• More financial guidance and education

What it Means to Be a Member

Credit Unions are member owned. When you deposit $5.00 into your primary share account, you become a part-owner of the credit union. The credit union uses the money that you and other members deposit to make loans to other credit union members.