The economic impact of credit unions on local consumer lending markets is significant. Credit union market presence influences bank loan and deposit rates, providing savings and benefits to both banks and their bank consumers. Hannan (2002) estimated that a 1 percent change in credit union market share led to a 0.2 percent decline in bank…
As a not-for-profit financial services cooperative, credit unions are known for supporting local small businesses. They also help strengthen local economies through loans for businesses and homeowners. Alaska USA Federal Credit Union was founded in 1948 — 11 years before Alaska became a state. It now has branches throughout the country and a growing number…
Credit unions are not-for-profit financial cooperatives that offer a variety of banking products and services. They focus on keeping rates and fees low for their members. But how are they different from banks? Here are five key ways. Credit unions are people-oriented, meaning they have a more intimate approach to their clients. This includes joining…
Credit unions operate to serve their communities, and Alaska is no exception. Alaska USA Federal Credit Union, for example, encourages its members who are affected by the shutdown to call or visit a branch. Marketing Operations Manager Heather Resh was confident that Optimizely’s Digital Experience Platform could scale to meet the organization’s growth goals. The…
limoanchorage.com is an Alaska-based company that provides transportation services for hotels, film production companies, and cruise liners. The company has a large fleet and offers competitive prices. It also offers discounted rates for military personnel and their families. Uber, a ride-sharing service that has gained popularity in the United States, may have a tough time…
