| Type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1948 |
| Headquarters | Anchorage, Alaska United States |
| Key people | Karen Morrissey, Chair Bob Teachworth, CEO |
| Products | Savings; checking; consumer loans; mortgages; credit cards |
| Total assets | $450M USD |
| Website | denalifcu.org |
Denali Alaskan Federal Credit Union is a credit union based in Alaska, USA. The Credit Union primarily serves the communities of Anchorage, Eagle River, Fairbanks, Juneau, Kenai and Wasilla. It is the third largest credit union in Alaska.[1] Denali Alaskan Federal Credit Union has grown to add Denali Alaskan Home Loans, Denali Alaskan Insurance, and Denali Alaskan Investment Services to their list of services. At the end of October of 2011 Denali Alaskan Federal Credit Union began participating in Bank Transfer Day.[2]
Contents |
The City of Anchorage Employees Federal Credit Union was chartered on December 6, 1948. Charter 5912[3] was issued by the Bureau of Federal Credit Unions, which was part of the Department of Health, Education, and Welfare, within the Social Security Administration. The Credit Union began with eight members and $40 in assets. This credit union was the forerunner to today’s Denali Alaskan Federal Credit Union, still operating under charter number 5912. The Alaska Railroad Federal Credit Union (Charter 6244), another predecessor to Denali Alaskan, was chartered in July, 1949.
Over the years a number of credit unions were chartered, or merged with existing Alaska credit unions, to create what eventually became Denali Alaskan Federal Credit Union in 1997:
As of October 3, 2008, National Credit Union Administration increased member account insurance from the National Credit Union Share Insurance Fund to $250,000 (from $100,000). In May 2009, the member account insurance amount of $250,000 was extended to 2013.[4] On September 27, 2010 the NCUA made permanent the $250,000 limit.[5]