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.
Latest Finance News
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 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.
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.
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.
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 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.
Cook Inlet Tribal Council (CITC) is proud to announce the appointment of its new Chief Technology Innovation Officer (CTIO), Hans Roeterink of Seattle.
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
The Alaska Maritime Prevention & Response Network
Altman, Rogers & Co.
National Cooperative Bank
PIP Marketing, Signs, Print
Arctic Office Products
AFF Global Logistics
Thomas Head & Greisen, PC
Alaska Safety Alliance
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In This Issue
The Marx Bros. Café
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.