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Bank Events in Alaska

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Alaska (AK).

10
Failures
34
Mergers
6
Enforcement
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Bank Directory
All Alaska banks

Failures in Alaska

Date Bank City Assets Acquirer or resolution
Apr 21, 1989 Alliance Bank Anchorage $779.0M National Bank of Alaska
Mar 2, 1989 First Federal Bank of Alaska Anchorage $137.6M First NB of Anchorage
Mar 2, 1989 Home Savings Bank Anchorage $91.5M Security Pacific Bank Ak, N
Feb 3, 1989 Alaska Statebank Anchorage $90.8M Key Bank of Alaska
Aug 3, 1988 Alaska Continental Bank Anchorage $51.5M First Interstate Bank of
Dec 11, 1987 First Interstate Bank of Alaska Anchorage $367.7M National Bank of Alaska
Oct 22, 1987 Alaska National Bank of the North Fairbanks $203.1M National Bank of Alaska
Jun 12, 1987 Frontier S&LA Fairbanks $7.4M —
Oct 23, 1986 Security National Bank Anchorage $41.8M Rainier Bank Alaska N.A.
Aug 8, 1986 Peninsula FS&LA Soldotna $42.6M —

Mergers & Acquisitions involving Alaska banks

Date Acquired (AK) Acquirer
Jun 1, 2026 Mac Federal Credit Union Credit Union 1
Feb 1, 2023 Alps Federal Credit Union Tongass Federal Credit Union
Oct 1, 2018 Denali Federal Credit Union Nuvision Federal Credit Union
Jul 1, 2018 City of Fairbanks Federal Credit Union Mac Federal Credit Union
Oct 1, 2014 Keytrust Company N.A. KeyBank N.A.
Apr 1, 2014 Alaska Pacific Bank Northrim Bank
Apr 1, 2014 Alaska Pacific Bancshares, Inc. Northrim Bancorp, Inc.
Nov 1, 2010 Wells Fargo Alaska Trust Company, N.A. Wells Fargo Bank, N.A.
Oct 20, 2007 Alaska First Bank & Trust, National Association Northrim Bank
Jan 1, 2004 North Country Credit Union Credit Union 1
Nov 21, 2003 Wells Fargo Bank Alaska, National Association Wells Fargo Bank, N.A.
Jun 30, 1997 KeyBank National Association KeyBank N.A.
Jun 1, 1997 Ward Cove Federal Credit Union Credit Union 1
May 30, 1997 Key Bancshares of Alaska, Inc. KeyCorp
Feb 4, 1997 Denali Federal Credit Union Denali Federal Credit Union
Jan 1, 1997 Bank of America-Alaska, National Association (unnamed)
Nov 1, 1996 Eielson Federal Credit Union Global Federal Credit Union
Sep 5, 1995 Fedalaska Federal Credit Union Credit Union 1
Dec 16, 1993 Key Pacific Mortgage, Inc. Key Bancshares of Alaska, Inc.
Jun 30, 1988 Alliance Mortgage Company Alliance Bank
Jan 29, 1988 United Bank Alaska Southeastern Alliance Bank
Dec 29, 1987 United Bancorporation Alaska, Inc. Alliance Bancorporation
Sep 30, 1985 Alaska Feminist Federal Credit Union Denali Federal Credit Union
Jul 19, 1985 Peoples Bank Building Co. Bank of America-Alaska, National Association
Jun 30, 1985 Wien Employees Federal Credit Union Global Federal Credit Union
Jul 1, 1984 Skagway Federal Credit Union True North Federal Credit Union
Dec 1, 1982 Mount Edgecumbe Federal Credit Union Global Federal Credit Union
Oct 1, 1982 Union-Collier Alaska Federal Credit Union Global Federal Credit Union
May 1, 1982 Western Alaska Trades Federal Credit Union Denali Federal Credit Union
Dec 31, 1981 Alaska Coast Guard Federal Credit Union Global Federal Credit Union
May 9, 1981 Arctic First Federal Savings and Loan Association First Federal Bank of Alaska, S.B.
Jun 2, 1975 The First Bank of Cordova Wells Fargo Bank Alaska, National Association
Apr 1, 1969 Miners and Merchants Bank of Alaska Alaska National Bank of the North
Sep 1, 1962 City National Bank of Anchorage Alaska State Bank

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