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Article: Credit Unions in the last frontier: Credit Unions play a distinct role in Alaska's financial community.(profiling Credit Union 1, Alaska USA Federal Credit Union, ALPS Federal Credit Union and Northern Skies Federal Credit Union)(Industry Overview)(Statistical Data Included)(Company Profile)
- Article from:
- Alaska Business Monthly
- Article date:
- July 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ask leaders of some of Alaska's credit unions about their organizations and you will hear words like "passion" and "romance." The love affair is not one-sided. Nancy Bear Usera, senior vice president of corporate development for Alaska USA Federal Credit Union, reports 65 percent of Alaska households have at least one credit union member. Sandra Jones, CEO of ALPS Federal Credit Union, says credit unions are more visible in Alaska than in the Lower 48. The Alaska Department of Community and Economic Development, Division of Banking Securities and Corporations, reports total assets for credit unions in Alaska were $2.9 billion as of Dec. 31, 2001, an increase of 14.79 ...