Tongass

Headquarters

2000 Tongass Ave
Ketchikan, AK 99901
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.66% →
1-Year CD 0.75% 0.67% →
2-Year CD 1.00% 0.75% →
5-Year CD 1.26% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Tongass is an NCUA insured institution located in Ketchikan, AK. It was founded in 1963 and has approximately $110.82 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 15523
Date Established 1963
Assets $110.82 million
Loans $67.36 million
Deposits $101.85 million
Capital $8.42 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Revillagigedo Island, The Annette Island, The Wrangell-Petersburg Census Area, Prince of Wales Island and other communities.

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.12% $2,500 $2,999 Learn More
Money Market
0.14% $10,000 $14,999 Learn More
Money Market
0.18% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.75% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.16% $10,000 $14,999 Learn More
36 Mo CD
1.16% $100,000 $199,999 Learn More
48 Mo CD
1.21% $10,000 $14,999 Learn More
48 Mo CD
1.21% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More

Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for TONGASS

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.790% 2.750% 0.50 $1,290 $1,021 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.775% 2.750% 0.38 $808 $1,021 Learn More
Morty, Inc.
NMLS ID: 1429243
2.706% 2.625% 0.63 $2,668 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to TONGASS
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Tongass branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Tongass Locations


Financial Details

Tongass Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Tongass. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Tongass U.S. Average
5.84% 5.40

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2020, Tongass had $495,084 in non-current loans and $4,000 in owned assets. To cover these potential losses it had $8,419,710 in net worth and $128,971 in loans loss reserves. That gives it a Texas Ratio of 5.84%.

Net Worth
Tongass U.S. Average
7.59% 12.67%

Tongass FCU has a net worth of 7.59% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Tongass

Branches and Savings

What is Tongass?

A federal credit union, registered with the NCUA under certificate #15523.
Learn more about credit unions here.

Is Tongass FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Tongass is insured by the NCUA.

Who can join Tongass?

Please see Field of Membership information above for information on who is eligible to join.

What are Tongass's share account and share certificate rates?

Tongass's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Tongass?

Tongass has total capital of $8.42 million. Full information on Tongass's financial position is located above.

Who owns Tongass?

Credit Unions are owned by their members.

Where are Tongass branches located?

See branch locations nearby.

Are Tongass ATMs Open 24/7?

Do Tongass ATMs accept cash deposits?

Can Tongass customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Tongass have a mobile app?

Does Tongass have mobile deposit?

Does Tongass have quick pay?

How can Tongass transfer money to other banks or credit unions?

Does Tongass report to credit bureaus?

Does Tongass use Chexsystems?

Does Tongass use Equifax?

What is Tongass's toll free phone number?

What is Tongass's ACH Routing Number?

What is Tongass's SWIFT code?

Where can I find Tongass's wire transfer form?

What is the Tongass address for deposits?

What Products Does Tongass Offer

Does Tongass offer mortgages?

Compare mortgage rates here.

Does Tongass offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Tongass offer auto and RV loans?

Compare auto loan rates here.

Does Tongass offer student loans or personal loans?

Compare personal loan rates here.

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