Kotzebue Branch Puts Credit Union 1 North of the Arctic Circle
A grand opening in Kotzebue on February 14 gives Credit Union 1 its fourteenth branch, while the thirteenth is under construction in Wasilla.
Tag: Banking
Credit Union 1 Answers Skagway’s Call for Greater Financial Access
Credit Union 1 plans to open a Skagway branch in April after Skagway municipal leaders signaled a desire for more financial options.
Credit Union 1 Welcomes New Chief Lending Officer
For its new Chief Lending Officer, CU1 hired Tina Narron, who held the same position at credit unions in Seattle and Portland.
Northrim BanCorp Acquires Sallyport Commercial Finance
Northrim BanCorp, parent of Alaska-based Northrim Bank, announces its $53.9 million purchase of Texas-based Sallyport Commercial Finance.
First National Welcomes VP to Lead Mortgage Lending Department
First National Bank Alaska hired Jonathan Wilson, a banking executive from New Orleans, as Mortgage Lending Director and Vice President.
Northrim Bank Receives National Certification for Safe, Affordable Account
Northrim Bank recently received national certification for a new checking account, Easy Banking, with no minimum balance and no overdraft or nonsufficient fund fees.
A Renewed Focus on Financial Services at Physical Locations
Even with technology and shifting customer preferences, banks in Alaska are finding value in reinvesting in their branch networks.
First Bank’s First New CFO Since the ‘80s
Ketchikan-based First Bank has a new Chief Financial Officer for the first time in forty years. Rocky Elerding is promoted to the position now that longtime CFO Jim Sarvela is retiring.
First National Bank Alaska Selected as One of America’s Best-In-State Banks by Forbes
First National Bank Alaska was chosen as one of America’s Best-In-State Banks 2021 by Forbes and was the only bank in Alaska to receive the honor.
Distinguishing Differences in Financial Institutions
Banks and credit unions are among the most prominent financial services companies serving Alaskans. However, there are distinct differences—and similarities—between how these institutions function to meet the needs of businesses and consumers.