“We are so thankful and honored to be among the top group of high performing credit unions. It is a testament to the guidance and commitment of our Board of Directors and employees,” said Dan Hein, Alaska Air Group Credit Union President/CEO. “This accomplishment is possible through the valued and trusted partnership we have with Alaska Airlines, Horizon Air, and McGee Air Services, as well as our membership.”Ultimately, this ranking reiterates that Alaska Air Group Credit Union is a strong performing credit union, and is a safe, reliable place for members to receive excellent rates, products, and service. “We look forward to always being a trusted partner and staying focused on serving our membership,” said Hein. About Alaska Air Group Credit Union For over 70 years, Alaska Air Group Credit Union has been serving employees, retirees, and family members of Alaska Airlines, Horizon Air, and McGee Air Services through competitive savings rates, low-interest rates on loans, free checking, and first-class member service.
Alaska Air Group Credit Union ranked #16 of all US Credit Unions.
A report by S&P Global Market Intelligence ranked the top 100 US credit unions, and Alaska Air Group Credit Union came in at #16.
The scores were calculated based on five metrics: member growth, shares and deposits per member, net worth as a percentage of total assets, delinquent loans as a percentage of total loans, and return on average assets.
To qualify for the ranking, a credit union must have reported at least $100 million in total assets and a net worth ratio of at least 7% as of Dec. 31, 2023.
Compared to the 1,801 credit unions eligible for the ranking, Alaska Air Group Credit Union performed well above industry median in each of the five categories. AAGCU especially excelled in member growth, more than tripling the top 100 median of 2.3%.