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Northrim Opens Kodiak Financial Center

Mar 1, 2023 | Finance, News

Kodiak Financial Center

A rendering of the Financial Center in Kodiak.

Spark Design

The newest branch of Northrim Bank opened in Kodiak. The location on Mill Bay Road, near the Kodiak Walmart store, includes services from Northrim’s subsidiary, Residential Mortgage.

Nineteenth Branch

“We are pleased to continue our expansion throughout Alaska with our nineteenth branch. We have been part of the Kodiak community for the past few years with our Loan Production office, and we are eager to meet the needs of the community through our new full-service branch,” says Northrim Bank President Mike Huston.

The Kodiak Financial Center is led by Lending Branch Manager Mark Anderson, who has been with Northrim since 2020 and has more than twenty-five years of experience in the financial industry. The Residential Mortgage office is run by Loan Originator Carrie Morton, a long-time Kodiak resident.

The financial center held a ribbon cutting ceremony on February 23 in partnership with the Kodiak Chamber of Commerce. Huston also announced another civic engagement in the form of a contribution to the Brother Francis Shelter Kodiak. “We believe in supporting our neighbors in need and are fortunate to be able to help with a contribution to help the community’s most vulnerable,” Huston says.

The Kodiak Financial Center is open Monday through Friday and features a drive-up window.

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In This Issue
Alaska Native + Southcentral
December 2025
Alaska Native regional, village, and urban corporations operate in every industry all around the state, often in regions that don’t attract attention from other corporations. Our cover story for December 2025 is an excellent example, as it covers the investment Aleut is making in its region, Unangam Tanangin, or the Aleutian Islands, which stretch 1,000 miles into the Bering Sea and Pacific Ocean. The Alaska Native special section also visits Kodiak and the handful of corporations benefiting that region, and looks back over fifty years of ANCSA corporation history and how the corporations have built, maintained, and strengthened communications and relationships with their shareholders.

Also in this issue: building a company and planning an exit strategy; several ESOPs, and UAS’ foray into a new model for tuition. Enjoy!

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