Northrim Named Best-in-State-Bank by Forbes
Northrim Bank is proud to announce that it was named Best-In-State Bank by Forbes for the second year in a row. The global media company conducted its annual survey with market research firm Statista. More than 25,000 people in the United States responded about their banking relationship. Consumers were asked twenty questions about their financial dealings. Banks and credit unions were rated on overall recommendations and satisfaction, as well as five sub-dimensions (trust, terms and conditions, branch services, digital services, and financial advice).
While some states had up to five banks honored with the distinction of Best-In-State Bank, Northrim was the only bank in Alaska to receive the honor. 135 unique banks were recognized in 2020. There are 5,400 banks in the United States that are in competition for customers, and Northrim is proud to be recognized by Forbes. “At Northrim we know that there is a lot of competition for your business and we are proud to be recognized as Alaska’s Best-In-State Bank,” said Joe Schierhorn, Northrim Bank chairman, president, and CEO. “We look forward to continuing our partnership with Alaskans by helping to grow their business and reach personal financial goals.”
In This Issue
Alaska Problems Require Alaska Solutions
On January 16, a fire destroyed the water plant and washeteria in the southwest Alaska village of Tuluksak. For the village of about 350 people, it was a devastating blow. The water plant was the only source of drinking water in the village, in which the primarily Yup’ik residents lack indoor plumbing and rely on honey buckets, not uncommon in the flat, swampy region.