News and Views
Congratulations to Maureen Todd,
Ninilchik, winner of CFAB's 2014 Photo Contest. This winning photo
appeared on the cover of CFAB's 2014 Annual Report.
Financing Alaskan Businesses
for More Than 35 years
How CFAB Lowers Cost of Borrowing with PATRONAGE
CFAB returned profits to borrowers equal to 16% of CFAB's gross income
for the year. What other private lending institution does that?
That means if the interest rate on a borrower's loan was 6.0%, the NET
interest rate paid by the borrower after payment of "patronage" could
have been as low as 5.04%, a reduction of almost 1%....
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2015 Scholarship Recipients
Governor Signs CFAB Legislation
2014 Board Election
3040 Lakeshore Drive, Anchorage, Alaska
P. O. Box 92070, Anchorage, Alaska
(907) 276-2007 or Outside Anchorage (800)