The Division of Banking and Securities charters, licenses, and supervises state-chartered commercial banks (3), mutual savings banks (1), credit unions (1), trust companies (2), bank holding companies (3), small loan offices (1), premium finance offices (24), deferred deposit offices (32), and BIDCOS (1). In addition to these state-chartered institutions, there are 3 nationally-chartered commercial banks, 1 federal chartered savings bank, 13 federal credit unions, and 1 nationally chartered trust company in Alaska.

Total Assets of Banks and
Credit Unions in Alaska

Total assets for all banks with home offices in Alaska were $4,803,076,000 as of December 31, 2009, an increase of $221,419,000 or 4.83% from a year ago. This total excludes Key Bank, National Association and Wells Fargo Bank, National Association, which are interstate branches and do not furnish balance sheet information for Alaska.

Total assets of all state-chartered banks in Alaska were $1,971,860,000 as of December 31, 2009, an increase of $18,162,000, or .93% from a year ago. Approximately 41% of the total assets of all banks headquartered in Alaska were held in state-chartered institutions.

Total assets for all credit unions in Alaska were $5,975,369,617 as of December 31, 2009, an increase of $431,324,401 or 7.78% from December 31, 2008. Total assets for all state-chartered credit unions in Alaska were $703,509,203 as of December 31, 2009, an increase of $78,837,014 or 12.62% from the end of 2007. Approximately 11.77% of the total assets of all credit unions were held in state-chartered institutions.