Green Banks are a new channel for Alaska entrepreneurs to leverage federal funding for ventures related to clean energy and climate resilience. Spruce Root and the Valdez Native Tribe are both part of a movement to direct billions in public-private capital.
A $100,000 gift from KeyBank to the Cook Inlet Housing Authority supports grants to the Protein Food Pantry and the Housing Stability Program.
Northrim Bank promoted thirteen of its employees to new management and executive positions.
In April Alaska USA FCU began operating under a new name, Global Credit Union, to symbolize its expanded service worldwide.
First National Bank Alaska welcomed Morgan Neff as the bank’s Wealth Management Director and Senior Vice President, directing all wealth management and trust activities.
Northrim Bank promoted Jason Criqui to Executive Vice President – Chief Lending Officer, part of the bank’s Executive Group.
Anchorage-based fiber optic company Quintillion has been acquired by Washington, D.C.-based private investment firm Grain Management.
The developer of the Manh Choh gold mine near Tok is moving ahead with financing, selecting ING CAPITAL and Macquarie to arrange a $70 million loan for this year’s pre-production construction.