Tongass
Tongass is a credit union based in Ketchikan, Alaska, established in 1963, with $247 million in total assets serving 14,609 members. By Trust Grade it ranks 5th of 9 credit unions we track in Alaska. Its net worth ratio of 13.0% is stronger than 71% of similarly sized credit unions, versus a Alaska median of 11.4%. It was profitable over the most recent period, with a 0.42% return on assets. No consumer complaints against Tongass appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Tongass compares to Alaska peers
How we graded Tongass
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.0% capital ratio)
- Profitable (ROA 0.42%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Tongass over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Tongass insured?
Yes. Tongass is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Tongass: frequently asked questions
Is Tongass a good credit union?
Tongass earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (13.0% capital ratio); Profitable (ROA 0.42%).
Is Tongass NCUA-insured?
Yes. Tongass is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Tongass?
Tongass holds $247 million in total assets, ranking 5th of 9 credit unions we track in Alaska. It serves 14,609 members.
Does Tongass have CFPB complaints?
No CFPB complaints against Tongass appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
