- Payday loans in Shishmaref follow Alaska law (Alaska Statutes chapter 06.50 (Deferred Deposit Advances)).
- We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities.
- The nearest larger city is Fairbanks, about 535 miles away.
Shishmaref at a glance
| Shishmaref | |
|---|---|
| Population (2024 Census estimate) | 556 |
| Change since 2020 | -2.3% (shrinking) |
| County | Nome Census Area |
| Size rank among 93 Alaska places we cover | 55th |
| Nearest larger city | Fairbanks (about 535 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Typical payday APR statewide (CRL 2023) | 424% |
Whether you borrow at a storefront in Fairbanks or online from Shishmaref, the lender must hold a Alaska license from the Alaska Division of Banking and Securities and follow state limits.
Credit unions near Shishmaref
NCUA data (June 2026) shows no credit union headquartered in Shishmaref or Nome Census Area. Many credit unions have branches in other towns or accept members online. Use the NCUA’s Credit Union Locator to find one near you.
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Shishmaref
Key Alaska limits that apply to Shishmaref borrowers: licensing: lenders must be licensed by the Division of Banking and Securities; limits: set by AS 06.50; check the Division’s deferred deposit page for current amounts and fees. See the full Alaska payday loan rules.
What a $300 loan costs in Shishmaref
The Center for Responsible Lending put the typical APR on a $400 payday loan in Alaska at 424% (June 2023). We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities. Check any offer with our payday loan calculator.
Other help in Nome Census Area before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Shishmaref that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Shishmaref
- Brevig Mission · 62 mi
- Kotzebue · 110 mi
- Kivalina · 113 mi
- Nome · 121 mi
- Buckland · 141 mi
- Noorvik · 146 mi
The nearest larger city is Fairbanks, about 535 miles away. See all 93 Alaska cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Shishmaref?
Yes. Payday loans are legal in Shishmaref under Alaska state law, and lenders must be licensed by the Alaska Division of Banking and Securities.
How much does a payday loan cost in Shishmaref?
We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities. The typical statewide APR was 424% in 2023.
Where is the nearest credit union to Shishmaref?
NCUA data shows no credit union headquartered in Shishmaref or its county. Use the NCUA credit union locator to find branches and online credit unions.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Alaska Division of Banking and Securities — Deferred deposit advance
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary