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Alaska USA Federal Credit Union announced the opening of its new Financial Center in Kenai, Alaska, which includes a full-service branch, mortgage company, and insurance brokers. The center aims to provide members with a variety of financial services in one location, enhancing accessibility for the community. Alaska USA has been serving members for over thirty years in Kenai and operates multiple branches across Alaska and Washington.

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Who bought the Alaska USA Federal Credit Union?

The $11.8 billion-asset Global, which was formerly known as Alaska USA Federal Credit Union , said it will pay $231.2 million in cash for the Renton, Washington-based bank.

What is the new name for Alaska USA Federal Credit Union?

Alaska USA began operating as Global Credit Union on April 3, 2023.

What happened to the Alaska USA Federal Credit Union?

Thus, a new name: Alaska USA is becoming Global Credit Union, effective April 3. The name comes directly from the Spokane-based institution that Alaska USA acquired in 2022.

What is the biggest risk to credit unions?

Alkami Research conducted a study that surveyed bank and credit union banking platform decision makers/influencers and found that the top three anticipated risks in order of highest to lowest levels of concern for financial institutions in 2025 are: cyberthreats, uncertain interest rates, and loss of deposits.

Why are credit unions changing names?

Sometimes a federal credit union (FCU) considers a name change. One common reason for this might be that over time, changes in the FCUs field of membership could mean the original name no longer reflects the credit unions membership.

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Why did the Alaska USA Federal Credit Union change its name?

This new brand name is a better description of a membership that is distributed worldwide and more illustrative of our organizational commitment to accessibility anytime, anywhere in the world, President and CEO Geoff Lundfelt said in an email sent to credit union members Thursday.

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