AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

First National Bank Alaska celebrates 85 years of success: it has grown from a one-man operation to serving 17 communities throughout the state.

Alaska Business Monthly

| November 01, 2007 | Orr, Vanessa | COPYRIGHT 2007 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)Copyright

[ILLUSTRATION OMITTED]

When Winfield Ervin opened First National Bank of Anchorage in 1922, he did it because he said he had "faith in the future of Anchorage." Over the years, that faith grew to encompass all of Alaska, and the bank, now renamed First National Bank Alaska, soon became a fixture in communities all over the state.

Today, as Alaska's largest and strongest locally owned bank, First National has 29 branches in 17 communities throughout the state. "We have grown from one main office to having branches in Juneau, Fairbanks and Bethel, and many points in between," said D.H. Cuddy, who has served as the bank's president for more than 51 years. "When I went into the business in 1951, the bank had $6.5 million in loans and total assets of $31.2 million. Today, we have $1.2 billion in loans and total assets of $2.3 billion.

"I believe that our growth reflects the growth of the state," he added. "The bank has benefited as the state has developed over the past 85 years."

THE EARLY DAYS

Related articles from newspapers, magazines, journals, and more
NATIONAL BANK OF FREDERICK FAILS; REOPENS AS BRANCH/OF FIRST NATIONAL BANK OF...
Newspaper article from: The Journal Record JAN PASCHAL January 23, 1987 700+ words
National Bank of Frederick...two national banks in this southwestern...Empie said. National Bank of Frederick was the fourth bank to fail in...chartered banks. The region...customers of First National Bank, Empie said...More than 100 banks were invited...
National Bank Financial acquires Putnam Lovell Group.
Press release article from: PR Newswire April 15, 2002 700+ words
MONTREAL, QC -- National Bank Financial Inc., a subsidiary of National Bank of Canada (TSX: NA), announced today...England. The transaction is consistent with National Bank Financial's strategic commitment to develop...
National Bank Partners With eFunds to Expand ACH Services; Comprehensive Risk...
Press release article from: PR Newswire March 6, 2003 700+ words
National Bank of Arizona, ranked as the state's...solutions, announced today the launch of National Bank's new core Automated Clearing House...Processing System (ACHPS) will allow National Bank to streamline its operations, improve...
First National Bank to Acquire Business of Sequoia National Bank.
Press release article from: Business Wire November 6, 2004 700+ words
...expenses) to the Sequoia National Bank shareholders. The transaction...shareholders of Sequoia National Bank. The Acquisition Agreement...Directors of all three banks. The closing of the...shareholders of Sequoia National Bank, the receipt of all...
National Bank Securities Clients Benefit From Elimination of Foreign Content...
News wire article from: Canadian Corporate News July 4, 2005 700+ words
...and the foreign content cap has been lifted, National Bank Securities Inc. is immediately passing the...clients. The new ruling requires no action by National Bank Securities clients. National Bank Securities will no longer monitor the foreign...
First National Bank Completes Systems Conversion and Changes Name of Rancho...
Press release article from: PR Newswire March 12, 2003 700+ words
First National Bank, a wholly owned subsidiary of First Community Bancorp today...systems conversion and has integrated the systems of First National Bank and Rancho Santa Fe National Bank onto the same platform. As a result of the conversion...
National Bank of Canada: Change of Name for ClicCommerce.
News wire article from: Canadian Corporate News May 28, 2002 700+ words
...National Bank of Canada The National Bank of Canada is an integrated...17,000 people. The Bank's shares are listed...Stock Exchange. CONTACT: National Bank of Canada Carole Gagne...INDUSTRY KEYWORD: BNK - Banks (All) SUBJECT CODE...
FIRST NATIONAL BANK OF TEMPLE FAILS, BOUGHT BY UNION OF ARKANSAS
Newspaper article from: The Journal Record JAN PASCHAL November 15, 1986 700+ words
...In Oklahoma, 27 banks have failed in...insolvency of the First National Bank of Temple. Beginning...when the First National Bank of Carter was closed, 11 Oklahoma banks have failed in...includes the First National Bank of Temple. Even...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA