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Banks in Alaska

2 FDIC-insured banks headquartered in Alaska, ranked by total assets.

Alaska is home to 2 FDIC-insured banks holding a combined $8.37B in total assets and approximately $6.56B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Alaska and may not include all branches of out-of-state banks operating in the state.

First National Bank Alaska is the largest bank headquartered in Alaska with $5.10B in total assets, representing a concentrated market where one institution holds the majority of state-headquartered bank assets (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Alaska provides consumers with a range of options based on their banking preferences.

Total Banks

2

Combined Assets

$8.37B

Avg ROA

1.67%

Largest banks in Alaska

1.
First National Bank Alaska

First National Bank Alaska is the largest bank headquartered in Alaska with $5.10B in total assets and 27 branches (Source: FDIC BankFind).

2.
Northrim Bank

Northrim Bank is a major bank headquartered in Alaska with $3.27B in total assets and 20 branches (Source: FDIC BankFind).

Banks headquartered in Alaska

#BankTotal Assets
1First National Bank Alaska$5.10B
2Northrim Bank$3.27B

Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Alaska. Data last updated: April 2, 2026.

Credit unions in Alaska

1 credit union headquartered in Alaska, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.

#Credit UnionTotal Assets
1GLOBAL$12.88B

Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in Alaska.

How to choose a bank in Alaska

When choosing a bank in Alaska, consider what matters most for your financial needs. Alaska has 2 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.

Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.

All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.

Data Sources

FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/

CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/

Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/

BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.