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TONGASS Rates & Review March 2026

TONGASS's savings rates are at 5.00%. TONGASS's Personal Loan Rates are at 2.50%. MonitorBankRates evaluates the financial stability of TONGASS with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.71%. Rates were last updated on 03/15/2026.

TONGASS 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? Share your experience about TONGASS by leaving a review below, or read customer reviews before you decide to use TONGASS.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.71%
Excellent Lower than avg
Muenster State Bank
Main Branch
2000 Tongass Ave
Ketchikan, AK 99901 6046
http://www.tongassfcu.com
Member NCUA

TONGASS Savings Rates

Product Rate APY View More
Youth Savings Account - 5.00%
Details Qualifying balance up to $1,000.00
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

TONGASS Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity Loan - - 5.44% 60 - 144
No additional details.
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

TONGASS Auto Loan Rates

Product Rate Points APR Term View More
New & Used Auto Loans - - 2.50% 24-84
No additional details.
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%
Auto Loans - - 5.50%
Details As Low As
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%
New & Used Auto Loans - - 5.50% 24-84
No additional details.
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

TONGASS Credit Card Rates

Product Rate APR View More
VISA Credit Card - 9.95%
Details As Low As
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%
VISA Rewards - 9.95%
No additional details.
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%
VISA Rewards Credit Card - 9.95%
No additional details.
Last Updated 03/15/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for TONGASS 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 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's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name TONGASS
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
1.71%
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

Customer Reviews

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Average Rating
☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About TONGASS

Is TONGASS a safe place to deposit money?

Yes, TONGASS is considered a safe financial institution. With a Texas Ratio of 1.7060152536623%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does TONGASS operate?

TONGASS 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?

Yes, to access services at TONGASS, 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 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 provides members with tools to manage their accounts and build a solid financial history.

Does TONGASS offer online and mobile banking?

Most modern institutions like TONGASS 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.

Current TONGASS Rates

  • Savings5.00%
Retrieved from our database of financial products. Rates subject to change.