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Alaska Commercial Fishing and Agriculture Bank Announces Interest Rate Reduction



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The Alaska Commercial Fishing and Agriculture Bank (CFAB) will be lowering their lending interest rate on existing and new loans by 2% effective January 1, 2012. 

The announcement was made by CFAB’s CEO Lela Klingert at CFAB’s annual meeting on November 18. 

CFAB is a private member owned cooperative providing financing to Alaskan owned commercial fishing, tourism, and resource businesses since 1980.  Also at the same meeting incumbent board member Roseleen “Snooks” Moore was re-elected to a new three year term. 

cfabalaska.com

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