Tongass Credit Union Petersburg AK | Affordable Auto Loans & Business Banking

Introduction

At Tongass Credit Union, we believe in building strong relationships with our members and providing them with the financial tools they need to succeed. Located at 312 N Nordic Dr, Petersburg, AK 99833, our branch has been a trusted partner in this community since 1963. With a total membership of over 13,710 and assets reaching an impressive $224,747,878, we are dedicated to offering personalized services that cater to your unique needs. Under the leadership of our CEO, Helen Mickel, and Board President Scott Edwards, we strive to create an environment where you feel valued and supported. Our friendly team of 88 employees is here to assist you with everything from personal banking and auto loans to business services. We understand that financial decisions can be overwhelming, which is why we're committed to making your experience as smooth as possible. While members can visit us at our branch address, official correspondence should be sent to PO Box 1933, Petersburg, AK 99833. This ensures that your inquiries are handled promptly and efficiently. With total loans amounting to 6491, deposits of $15,893,141, and a net worth of $30,781,733, Tongass Credit Union stands solidly on a foundation of trust and reliability. Whether you're looking for help with savings accounts or need guidance on financing options, we are here for you every step of the way. We invite you to reach out or visit us during our operating hours from 10:00 AM to 5:00 PM, Monday through Friday. Feel free to call us at 907-772-2900 if you have any questions or need assistance. Your journey towards better financial health starts here at Tongass Credit Union!

Branch History & Mission

Community Commitment

While our branch address is where you can find us for all your financial needs, official correspondence should be sent to PO Box 1933, Petersburg, AK 99833 if necessary. We invite you to visit us during our operating hours from 10:00 AM to 5:00 PM Monday through Friday. Although we do not currently offer drive-thru banking services, we are proud to provide ATM availability for your convenience. Tongass is more than just a credit union; it's a community partner committed to helping you thrive financially. Join us today and experience firsthand the benefits of membership at Tongass. Together, let's build a brighter future for you and our community! For more information or to become a member, visit our website or call us at 907-772-2900.

Evolution and Growth

Since opening our doors in 1963, Tongass has seen significant growth. With total assets now reaching an impressive $224,747,878, we continue to expand our offerings while maintaining strong relationships with our members. Our focus on digital advancements allows us to provide convenient services like online banking and mobile payments while ensuring compliance with ADA standards for accessibility. We know that being part of a credit union means more than just transactions; it's about building relationships and trust. This philosophy drives us as we seek to enhance member experiences through personalized service and innovative solutions.

Our Mission

At the core of our mission is a commitment to empower our members and the surrounding community. We strive to offer comprehensive personal and business banking solutions that are not only accessible but also designed to meet your unique needs. Whether you are looking for checking and savings accounts, auto loans, mortgages, or business financing options, we are here to support your financial journey every step of the way. Our dedication extends beyond banking. We believe in giving back to the community that has supported us throughout our history. Through various outreach initiatives and partnerships with local organizations, we aim to make a positive impact in Petersburg and beyond.

Branch Location & Accessibility

Contact Us

Have questions or want to learn more? Feel free to give us a call at 907-772-2900. Our friendly staff is always ready to help! While members can visit us at 312 N Nordic Dr, official correspondence should be sent to PO Box 1933, Petersburg, AK 99833. We look forward to welcoming you soon at the Tongass Petersburg Branch where community banking meets exceptional service!

Conveniently Located

You can find us right near the heart of Petersburg, close to local landmarks that many in the community know well. Parking is readily available, making it easy to stop by and take care of your financial needs. Our facility is designed with accessibility in mind, ensuring everyone can comfortably visit us.

Operating Hours

We understand that life gets busy, which is why we're open from 10:00 AM to 5:00 PM Monday through Friday. These hours are designed to fit into your schedule, allowing you to handle your banking at a time that works best for you.

Services Offered

At the Tongass Petersburg Branch, we offer a variety of services tailored to meet your needs. From checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Plus, our ATM is always available for quick cash withdrawals or balance checks anytime you need them. If you require assistance beyond what our branch can provide, we also participate in shared services with partner credit unions. This means you can access basic transactions like deposits and withdrawals at other locations without any hassle.

Member Eligibility

At Tongass, we believe in creating a welcoming community where everyone can thrive. Becoming a member is simple and open to anyone who lives, works, or worships in our area. We also extend membership to family members of existing members, making it easy for you to share the benefits with those you care about. Joining us means gaining access to a range of financial services tailored to meet your needs, from personal banking to auto loans, all designed with your best interests in mind. To learn more about the specific eligibility requirements, feel free to visit our website at https://www.tongassfcu.com/about/membership/ . If you're ready to take the next step toward membership, opening an account is just as straightforward check out the details at https://forms.joinmycu.com/mop/928/apply . If you have any questions or need assistance, don't hesitate to give us a call at (907) 772-2900. We're here to help you every step of the way!

Business Banking & Commercial Services

Lending Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $221 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $35,343,599, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine having the ability to accept payments seamlessly whether in-store or online so you can focus on what you do best: serving your customers. Our services help enhance customer satisfaction while improving your cash flow. If you're ready to take your business to the next level, visit us at 312 N Nordic Dr Petersburg Ak 99833 or give us a call at (907) 772-2900. Let's work together to turn your vision into reality!

Comprehensive List Of Services

Business Banking

For entrepreneurs and small business owners, Tongass offers tailored solutions through our business banking services. From merchant services that simplify transactions to business loans that fuel growth, we are here to support your journey every step of the way.

Call-to-Action

Ready to take the next step? Visit us at Tongass FCU or stop by our Petersburg Branch for more information on how we can assist you with all your banking needs!

Convenient Access

Accessing your accounts has never been easier. We have an ATM available for quick cash withdrawals and balance checks whenever you need them. Plus, if you're a member of another participating credit union, you can perform basic shared branch transactions like deposits and withdrawals at our location. If you ever have questions or need assistance, don't hesitate to give us a call at 907-772-2900. Our friendly staff is here to help you during our operating hours from 10:00 AM to 5:00 PM, Monday through Friday. At Tongass, we're not just about transactions; we're about building relationships. We invite you to explore all the services we offer and see how we can support your financial goals today!

Personal Banking

When it comes to personal banking, we understand that everyone has different needs. That's why we offer various checking and savings accounts to fit your lifestyle. Imagine having the flexibility to manage your money right from your smartphone through our online and mobile banking services. With features like e-statements and mobile payments, checking your balance or transferring funds is just a few taps away. Need a new car? Our auto loans and vehicle financing options make it simple to get behind the wheel without breaking the bank. If you're considering buying a home, our mortgage loans and refinancing services can help you navigate the process smoothly. For those unexpected expenses or debt consolidation needs, our personal loans are designed to assist you in getting back on track. Additionally, don't forget about our credit cards that come with rewards! They provide an excellent way to earn benefits while managing your everyday purchases.

Digital & Online Banking

Convenient Payment Options

Need to send money quickly? Our person-to-person transfer feature allows you to send funds directly to friends or family with just a few clicks. And if you're looking for a hassle-free way to make purchases, our mobile payments option lets you pay using your smartphone making shopping as easy as tapping your device. Whether you're at home or on the move, Tongass's digital banking services are here to support you every step of the way. Experience the convenience and flexibility of banking that fits into your lifestyle!

Online Banking Features

Our online banking service, accessible at https://www.tongassfcu.com/ , provides you with 24/7 access to your accounts. You can check balances, transfer funds, and pay bills all from the comfort of your home or on the go. Plus, our mobile application ensures that all these features are right in your pocket, allowing for real-time account management wherever life takes you.

Secure Transactions

Security is a top priority for us. Our electronic signature authorization feature makes it easy to sign documents securely online, while e-statements help you stay organized without the clutter of paper. You can enjoy peace of mind knowing that your financial information is protected with robust security measures.

Financial Strength

Member Savings and Investment

Members' savings are secured through $41,747,027 in share certificates and $5,633,744 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $301,791 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 81 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $11,624,182 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment to growth is evident as we support our members' financial goals with $2,075 in used auto loans and $148,672,518 in total loans and leases.

Solid Financial Health

With a net worth of $30,781,733, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our commitment to a solid foundation is reflected in our net worth ratio of $1,413, demonstrating that we have the capital necessary to continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusted Partnership

Net Shares (Funds available for lending and investments): $165,730. Total Share and Deposit Accounts: 32,331, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Tongass is your trusted partner. Visit us at 312 N Nordic Dr Petersburg Ak 99833 or call (907) 772-2900 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $25,474,067 in used vehicle loans and $6,009,058 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates that make financing your dream vehicle straightforward and achievable.

Business Financing

For business owners, our outstanding commercial loans totaling $35,343,599 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges and opportunities, and we're here to support your journey with tailored financial solutions. At Tongass, we're dedicated to providing you with the tools you need for financial success. If you're interested in refinancing any existing loans or would like to learn more about eligibility options for our various loan products, feel free to reach out. You can contact us at (907) 772-2900 or visit us at 312 N Nordic Dr Petersburg Ak 99833 in Petersburg, AK. We're here Monday through Friday from 10:00 AM to 5:00 PM to assist you with all your banking needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let's work together towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,570,957, make buying or refinancing simple. Whether you are a first-time homebuyer or looking to refinance your existing mortgage, our team is here to guide you through every step of the process.

Unsecured Credit Card Loans

For those who need a bit more flexibility, we also offer unsecured credit card loans with a total of $2,825,585 in loans helping members manage their finances effectively. With convenient repayment options and no collateral required, our credit cards can help you handle unexpected expenses or make everyday purchases easier.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users can view up-to-date loan rates from multiple institutions, making it easier to find the best options available. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial reflects the reliable service that many have experienced when using LendMesh. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that all offers are fair and transparent. With a commitment to integrity, LendMesh prioritizes accuracy in its comparisons so users can trust the information they receive.

TONGASS FEDERAL CREDIT UNION - Petersburg, AK