Banks in Alaska
Deposit market share, branch network and structure changes for Alaska, from official FDIC data.
Active branches
112
Deposits (2026)
$16.6B
Closings on record
15
Openings on record
6
Largest banks by deposits assigned to Alaska offices (2026)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Wells Fargo | $7.1B | 42.9% | +4.8% | 35 |
| First National Bank Alaska | $3.7B | 22.3% | +2.8% | 27 |
| Northrim Bank | $2.9B | 17.7% | +4.2% | 21 |
| KeyBank | $1.0B | 6.3% | -5.0% | 10 |
| First Bank | $816M | 4.9% | +2.2% | 9 |
| Mt. McKinley Bank | $524M | 3.2% | +0.9% | 5 |
| Denali State Bank | $459M | 2.8% | -1.0% | 5 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.
Closings
- 600 E NORTHERN LIGHTS BLVD · closed May 6, 2026
- Wells Fargo — Kenai, AKbank exits city11216 KENAI SPUR HWY · closed October 22, 2025
- 101 W BENSON BLVD · closed July 1, 2024
- 100 CUSHMAN ST · closed July 1, 2024
- 581 W PARKS HWY · closed September 20, 2023
- 110 E FRONT ST · closed July 14, 2023
- 800 EAST DIMOND BOULEVARD · closed February 8, 2023
- KeyBank — Soldotna, AKbank exits city44260 STERLING HIGHWAY · closed August 26, 2022
- 620 GAFFNEY ROAD · closed September 8, 2021
- 234 SEWARD STREET · closed July 16, 2021
- 630 EAST 5TH AVENUE · closed June 2, 2021
- KeyBank — Eagle River, AKbank exits city10928 EAGLE RIVER ROAD · closed May 7, 2021
- 3101 A STREET · closed December 2, 2020
- 409 DOCK STREET · closed September 30, 2020
- 5305 EAST NORTHERN LIGHTS BOULEVARD · closed June 30, 2020
Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.