Banks in Alaska
Deposit market share, branch network and structure changes for Alaska, from official FDIC data.
Active branches
112
Deposits (2025)
$16.0B
Closings on record
15
Openings on record
6
Largest banks by deposits assigned to Alaska offices (2025)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Wells Fargo | $6.8B | 42.2% | -0.1% | 35 |
| First National Bank Alaska | $3.6B | 22.4% | -3.0% | 27 |
| Northrim Bank | $2.8B | 17.5% | +13.4% | 21 |
| KeyBank | $1.1B | 6.8% | -4.0% | 10 |
| First Bank | $799M | 5% | +3.4% | 9 |
| Mt. McKinley Bank | $519M | 3.2% | -3.0% | 5 |
| Denali State Bank | $463M | 2.9% | +6.2% | 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.