Construction · AK
Construction lenders in Alaska
11 lenders with an office in Alaska hold construction and land loans on their books. First National Bank Alaska, based in Alaska, holds the largest book among those based here, at $301.9M.
- Evidence
- Lender holds construction and land loans on its books at the latest filing and has an office in Alaska
- Data as of
- June 30, 2026
- Page last changed
- November 11, 2026
- Lenders with an office here
- 11
- FDIC call report,
- Based here
- 8
- FDIC call report,
- Held by those based here
- $684M
- FDIC call report,
- -0.9% from a year earlier
- Median book, based here
- $44.3M
- FDIC call report,
Cite this
Source: The Lender Report, Construction lenders in Alaska, https://lender.report/construction-lenders/alaska/, data as of June 30, 2026.
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| Lender | Kind | Based in | Offices here | Holds | Growth, 12 months |
|---|---|---|---|---|---|
| First National Bank Alaska | Bank | Anchorage, AK | 27 | $302M | +5.0% |
| Northrim Bank | Bank | Anchorage, AK | 21 | $206M | |
| Denali State Bank | Bank | Fairbanks, AK | 5 | $71.0M | +59.9% |
| Mt. McKinley Bank | Savings | Fairbanks, AK | 5 | $44.3M | +70.2% |
| Global Credit Union | Credit union | Anchorage, AK | 28 | $23.9M | |
| First Bank | Bank | Ketchikan, AK | 9 | $21.8M | |
| Matanuska Valley Credit Union | Credit union | Palmer, AK | 10 | $14.6M | +40.6% |
| Spirit of Alaska Credit Union | Credit union | Fairbanks, AK | 4 | $153K | +91.8% |
| Lender | Kind | Based in | Offices here | Holds, nationwide |
|---|---|---|---|---|
| Wells Fargo Bank, National Association | Bank | Sioux Falls, SD | 34 | $12.5B |
| KeyBank National Association | Bank | Cleveland, OH | 10 | $2.90B |
| Nuvision Credit Union | Credit union | Huntington Beach, CA | 10 | $18.2M |
- 8 of these lenders are based in Alaska, and 3 are based elsewhere with offices here. FDIC call report,
- These lenders: 6 banks, 1 savings institution and 4 credit unions. FDIC call report,
- Lenders based in Alaska hold $684M of construction and land loans, down 0.9% from a year earlier. FDIC call report,
- The five largest books based here hold 94.7% of that total. FDIC call report,
- First National Bank Alaska holds $301.9M, and Northrim Bank holds $206.3M. FDIC call report,
- The median book among lenders based in Alaska is $44.3M. FDIC call report,
- 4 lenders based here grew this book by 10% or more in the year to June 30, 2026. FDIC call report,
- 2 lenders based here hold $100M or more of it. FDIC call report,
- These lenders list 163 offices in Alaska. FDIC office list,
- Wells Fargo Bank, National Association, based in South Dakota, lists the most offices here among out-of-state lenders, at 34. FDIC office list,
- Among credit unions here, the median average loan in this category is $1M. NCUA 5300,
- Mt. McKinley Bank grew this book the most in the year, up 70.2% to $44.3M. FDIC call report,
How this list is defined
- Measure
- construction and land loans held by lenders with an office in Alaska
- Period
- June 30, 2026
- Formula
- The balance of construction and land loans on the lender's June 30, 2026 filing, for a lender with an office in Alaska. A balance held, not loans made.
- Order
- Largest first by the book held at the latest filing, then name. Payment is not part of the order.
- As of
- June 30, 2026
- Source
- FDIC call report
- Changelog
- : First published, with the data built on this date.
Construction and land development loans finance building and site work, for homes and for commercial projects. Banks report them in one balance.
Call reports give one balance per institution, not by state, and they carry balances, not loans made. The figure shown is the whole institution's book.
Growth appears only where a book grew over the 12 months. Each lender's own page has its full record.
A lender counts here if it holds construction and land loans on its books at the latest filing and has an office in Alaska. Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.