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  4.  | National Cooperative Bank
National Cooperative Bank provides comprehensive banking products and services to cooperatives, their members and other member-owned organizations throughout the country.
In Alaska since 1984, NCB works with Alaska Native Corporations and enterprises, as well as other businesses to provide a stable and reliable source of banking solutions. NCB has provided over $500 million in direct loans to over 50 Native organizations and Alaska customers.

What makes NCB unique is that the bank was created to address the financial needs of an underserved market niche — people who join together to meet personal, social or business needs, especially in low-income communities. NCB specializes in helping Native and Tribal entities reach their strategic objectives by providing a reliable source of capital.


Business Development Officer:

Michael Novak, Senior Vice President
582 E. 36th Ave, Suite 222
Anchorage, AK 99503
TEL (703) 302-1901 mnovak@ncb.coop

News/ Media:
Mary Alex Blanton, Senior Vice President
2011 Crystal Drive, Suite 800
Arlington, VA 22202
TEL (703) 302-8876 mblanton@ncb.coop


NCB’s Primary Lines of Business
  • Multi-family and Commercial Real Estate Services: NCB serves housing communities, including housing cooperatives, condominium association and homeowner associations and traditional commercial real estate financing.
  • Commercial Banking: NCB provides a wide range of banking products and services to member driven businesses, credit unions and small/middle market businesses. We can offer business lines of credit, capital for growth or acquisitions as well as balance sheet restructuring to maximize earnings.
  • Community Development: NCB provides innovative products to communities focusing on affordable housing, health care, senior living, nonprofits and co-op development.
  • Personal Banking: NCB provides competitive banking products through online and mobile banking.
News & PR Highlights
The Goldbelt Aerial Tramway in Juneau
The Goldbelt Aerial Tramway in Juneau, Alaska is the city’s main attraction, allowing visitors to take in the state’s breathtaking scenery in comfort and style. Tourism has been growing in Alaska and was expecting to grow an additional six percent before the impact of COVID-19.
Kwik, Inc. grocery store building in Kwigillingok
There are no roads leading into Kwigillingok, a Native village in western Alaska that’s located on a vast stretch of wetlands, with most of the village on pilings that are connected by boardwalks.
Barrow, AK – $12,000,000 Real Estate Loan and Working Capital which was structured with a U.S. Department of the Interior Bureau of Indian Affairs (BIA) loan guaranty and was recently recognized by the Bureau of Indian Affairs as NCB was designated as a BIA Preferred Lender.
Chester Park Association
Anchorage, AK- NCB provided $8,770,000 First Mortgage to Chester Park Association. Chester Park Association is a 142 unit independent living, market rate, senior housing cooperative.
Anchorage, AK – NCB provided a $620,000 term loan to Tanaina Child Development Center to fund leasehold improvements for their new child development location. Tanaina is a non-profit organization dedicated to serving 18-month to 5-year old children in the Anchorage community.
Glennallen Hardware & Lumber
Glennallen, AK – NCB provided a $540,000 SBA loan to complete the purchase of the land and building as well as the business assets for this local hardware store. Additional funds were used for property improvements, inventory purchases and working capital.

Products & Services

Build- Grow –Diversify with NCB:
NCB is firmly committed to serving the varied needs of Alaska Native and Tribal entities and Alaska businesses. As we expand our commitment to you, the benefits will continue to pay off in your communities, yielding vital economic growth and development in both urban and rural areas.
Commercial Real Estate Loans
SBA Loans
Business loans and lines of credit
Deposit products
Cash Management
Personal Deposit Accounts
Contact NCB Alaska and discuss your banking needs. We are ready to help you achieve your strategic business objectives and are eager to work as your financial partner.
Your choices reflect your values. Your bank should to. Work with National Cooperative Bank.