Finance
Finance is more than just banking. Our coverage includes financial security, business loans, and wealth management services for small businesses, large corporations, and everything in between. Even simple financial transactions can be complicated, so Alaska Business relies on the state’s financial institutions to provide us with crucial and timely information that we pass on to our readers.
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AIDEA Board Approves Brooks Range Loan Modifications
The Alaska Industrial Development and Export Authority Board approved a resolution that enables AIDEA to modify terms of its loans related to development of the Southern Miluveach Unit (known as the Mustang Field).
Alaska USA Federal Credit Union to Acquire TCF Bank Branches in Arizona
Alaska USA Federal Credit Union and TCF National Bank announced Alaska USA has signed a definitive agreement to acquire TCF Bank’s seven branches located in the greater Phoenix, Arizona, market, along with deposits and certain related assets.
State’s Economists Weigh in on 2020 Outlook
Most experts indicate that the Last Frontier has turned the corner and in 2020 will claw its way out of the recession that started several years ago. However, the recovery is not expected to be uniform, as Anchorage remains in recession and many of the impacts of the state’s budget cuts have yet to play out.
Alaska USA Selects MX For Digital Banking
MX, the leading digital transformation platform for banks, credit unions, fintechs, and partners, announced that Alaska USA Federal Credit Union, one of the nation’s largest credit unions, has chosen MX for its mobile banking platform to transform the digital experience for its members.
AIDEA Board Approves $14.475 Million Dividend
The Alaska Industrial Development and Export Authority approved a dividend of $14,475,000 to the state general fund for FY2021.
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TDX Appoints Tina Woods as Chief Administrative Officer
TDX Corporation, announced that Tina Woods, PhD, has been appointed as Chief Administrative Officer. In her new role, Woods will be responsible for overall leadership of the TDX Support Services Center.
Hans Roeterink Joins Cook Inlet Tribal Council as Chief Technology Innovation Officer
Cook Inlet Tribal Council (CITC) is proud to announce the appointment of its new Chief Technology Innovation Officer (CTIO), Hans Roeterink of Seattle.
Calista Corporation Welcomes Kristi Williams as Government Relations Manager
Kristi Williams joined Calista Corporation as the Government Relations Manager this summer. Prior to her employment with Calista, Williams owned a consulting firm in Anchorage that specialized in Alaska Native tribal advocacy.
Spotlight Business Profiles
Doyon, Limited
Matson
RISQ Consulting
Alaska USA
Personnel Plus
The Alaska Maritime Prevention & Response Network
Altman, Rogers & Co.
National Cooperative Bank
Calista Corporation
PIP Marketing, Signs, Print
Arctic Office Products
AFF Global Logistics
Avis Alaska
Siemens
Thomas Head & Greisen, PC
Alaska Safety Alliance
Lynden Inc.
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In This Issue
The Marx Bros. Café
January 2020
Jack Amon and Richard “Van” Hale opened the doors of the Marx Bros. Café on October 18, 1979; however, the two had already been partners in cuisine for some time, having created the Wednesday Night Gourmet Wine Tasting Society and Volleyball Team Which Now Meets on Sunday, a weekly evening of food and wine. It was actually the end of the weekly event that spurred the name of the restaurant: hours after its final service, Amon and Hale were hauling equipment and furnishings out of their old location and to their now-iconic building on Third Street, all while managing arguments about equipment ownership, a visit from the police, and quite a bit of wine. “If you’ve ever seen the movie ‘A Night at the Opera” starring the Marx Brothers, that’s what it was like,” Hale explains.