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TONGASS Federal Credit Union

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TONGASS Federal Credit Union Rates & Review May 2026

Q: Is a member application needed to join TONGASS Federal Credit Union?

Yes, to access services at TONGASS Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, TONGASS Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 30, 2026

TONGASS Federal Credit Union's Personal Loan Rates are at 5.50%. MonitorBankRates evaluates the financial stability of TONGASS Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.68%. Rates were last updated on 05/30/2026.

TONGASS Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at TONGASS Federal Credit Union? Share your experience about TONGASS Federal Credit Union by leaving a review below, or read customer reviews before you decide to use TONGASS Federal Credit Union.

Verified Strong Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.68%

Excellent Lower than avg

TONGASS Federal Credit Union
Main Branch

2000 Tongass Ave
Ketchikan, AK 99901 6046

http://www.tongassfcu.com

TONGASS Federal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity Loan	-	-	5.44%	60 - 144
No additional details. Last Updated 05/23/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.68%

TONGASS Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loans	-	-	5.50%
Details As Low As Last Updated 05/23/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.68%
New & Used Auto Loans	-	-	5.50%	24-84
No additional details. Last Updated 05/23/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.68%

TONGASS Federal Credit Union Credit Card Rates

Product	Rate	APR
VISA Credit Card	-	9.95%
No additional details. Last Updated 05/23/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.68%
VISA Rewards	-	9.95%
No additional details. Last Updated 05/23/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.68%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for TONGASS Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather TONGASS Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with TONGASS Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name TONGASS Federal Credit Union

Website http://www.tongassfcu.com

Address 2000 Tongass Ave, Ketchikan, AK 99901 6046

Phone 907-225-9063

Fax 907-225-9002

President Scott Edwards

CEO Helen Mickel

Full-Time Employees 77

Part-Time Employees 8

Branch Locations 13

ATM Locations 12

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.68%

Return on Assets (ROA)

0.2360%

Return on Equity (ROE)

1.8720%

Non-Performing Loans Ratio (NPL)

0.33%

Total Assets

249,605,896

Total Amount of Shares and Deposits

212,558,491

Total Shares and Deposits < 1 Year

207,851,984

Total Shares and Deposits 1 3 Years

3,604,139

Total Shares and Deposits > 3 Years

1,102,370

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

10,025,869

Total Uninsured Shares and Deposits > $250K (F+J)

10,025,869

Total Insured Shares and Deposits > $250K (item 17 less item K)

202,532,622

Total Interest Expense (Sum of items 6 8)

1,743,135

Share Certificates

2,074

Number of Accounts for Share Drafts

11,151

IRA KEOGH Accounts

508

Number of Accounts for Regular Shares

19,773

All other shares

313

Money Market Shares

153

Net Income (unless the amount is already included in Undivided Earnings)

589,151

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

33,456,966

Total Liabilities

229,769,046

Source: NCUA — Last Updated 09/30/2025

2026 MBR Health & Safety Badge

TONGASS Federal Credit Union earned the Verified Strong badge

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Customer Reviews

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Total Reviews

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Frequently Asked Questions About TONGASS Federal Credit Union

How many branches does TONGASS Federal Credit Union operate?

TONGASS Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join TONGASS Federal Credit Union?

Yes, to access services at TONGASS Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, TONGASS Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, TONGASS Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does TONGASS Federal Credit Union offer online and mobile banking?

Most modern institutions like TONGASS Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.tongassfcu.com.