Credit Union 1 Anchorage AK | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Credit Union 1, your trusted financial partner located at 1941 Abbott Rd, Anchorage, AK 99507. Since our establishment in 1982, we have been dedicated to providing exceptional service and a range of financial products tailored to meet the needs of our 92,538 members. With total assets exceeding $1.4 billion, we are proud to offer secure and reliable banking solutions that empower our community. At Credit Union 1, we believe in putting our members first. Our commitment is reflected in our impressive financial standing: we manage $65,904,074 in total deposits and maintain a net worth of $190,919,640. Whether you're looking for personal loans, vehicle financing, or business banking services, we have you covered with over 61,376 loans and leases currently active. Our leadership team, led by CEO Mark Burgess and Board President Steve Cavin, works diligently to ensure that every member receives personalized support. With a friendly staff of 374 employees, we're here to assist you with any inquiries or concerns you may have. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 1941 Abbott Rd, Anchorage, AK 99507. Ready to take the next step towards achieving your financial goals? Call us today at 907-339-9485 or visit our website at cu1.org to learn more about how we can help you thrive. At Credit Union 1, your success is our priority!

Branch History & Mission

Community Commitment

We understand that being part of a community means giving back. That's why Credit Union 1 actively participates in local events and supports various initiatives aimed at improving the lives of those around us. Whether it's sponsoring educational programs or hosting financial workshops, we are committed to making Anchorage a better place for everyone. As we look forward to the future, we invite you to join our growing family at Credit Union 1. Experience firsthand how our services can enhance your financial journey. Reach out today at (907) 339-9485 or visit us online at cu1.org. Together, let's build a brighter tomorrow!

Our Evolution

From our first day of operation at 1941 Abbott Rd, Anchorage, AK 99507, we have been dedicated to providing personal and business banking solutions that make a real difference in people's lives. As we expanded our services, we introduced offerings such as auto loans, mortgages, and credit cards designed to fit the needs of our diverse membership. Our commitment to excellence has allowed us to thrive in this vibrant city while maintaining the values of trust and community engagement. Our headquarters in Anchorage, alongside our drive-thru services and ATM availability, ensures that we are accessible and convenient for all our members. We take pride in being a part of this community and strive to foster financial literacy and empowerment through various outreach programs.

Our Mission

At Credit Union 1, our mission is simple yet powerful: to provide reliable financial services while uplifting our community. We aim to help you achieve your financial goals with a focus on personalized service and member satisfaction. We believe that everyone deserves access to quality financial tools and education that will pave the way for success. While members can visit us at 1941 Abbott Rd, official correspondence should be sent to the same address for consistency. Our operating hours are designed with your convenience in mind: Monday through Friday from 8:00 AM to 6:00 PM for member assistance and consumer loans, with extended hours for real estate services.

Branch Location & Accessibility

Welcome to Credit Union 1, your friendly neighborhood financial partner located at 1941 Abbott Rd in beautiful Anchorage, Alaska. We're situated conveniently near major landmarks, making it easy for you to stop by for all your banking needs. Whether you're heading to the nearby parks or just passing through the area, our branch is perfectly placed to serve you. At Credit Union 1, we understand that accessibility is key for our members. Our branch is designed with features that cater to everyone, including ADA-compliant ramps and ample parking spaces. If you're driving, you'll find our drive-thru service a quick and easy option for deposits and withdrawals without leaving your vehicle. Our operating hours are structured to fit into your busy life. You can visit us Monday through Friday from 8:00 AM to 6:00 PM for member assistance or real estate inquiries from 9:00 AM to 6:00 PM. Additionally, our Abbott Branch and drive-thru services are available from 10:00 AM to 6:00 PM on weekdays and from 10:00 AM to 5:00 PM on Saturdays. We want to make sure that whenever you need us, we're here for you! If you need cash outside of business hours, don't worry our ATM is available for your convenience. With both basic ATM access and drive-thru banking services, managing your finances has never been easier. While members can visit us at our physical location, official correspondence should be sent to the same address: 1941 Abbott Rd, Anchorage, AK 99507. Ready to experience banking made simple? Give us a call at 907-339-9485 or drop by today! We can't wait to help you with personal banking, auto loans, mortgages, credit cards, and much more. Come see what makes Credit Union 1 the right choice for you!

Member Eligibility

Becoming a member of Credit Union 1 is like joining a warm, welcoming family that truly cares about your financial well-being. At our branch located at 1941 Abbott Rd Anchorage Ak 99507, we believe in making banking accessible to everyone. To become a part of our community, you simply need to meet some basic eligibility criteria, which primarily include residing or working in the areas we serve. This means that if you live or work in Anchorage or surrounding communities, you are likely eligible! You can find the specific details about eligibility on our website at , where we invite you to check for the most current information. Once you're ready to join us, opening an account is simple and straightforward. Just visit our account opening page at https://app.cu1.org/virtualcapture/products/index/?productsubcategory=creditcard to start your journey with us today. If you have any questions along the way, don't hesitate to give us a call at (907) 339-9485. We're here to help you every step of the way as you take advantage of all the great benefits that come with being a member of Credit Union 1!

Business Banking & Commercial Services

Business Loan Options

Imagine having the financial backing to seize new opportunities. With our commercial lending programs, you can turn that vision into reality. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced environment, efficient payment processing can make all the difference. Our merchant services simplify transactions, allowing you to focus on what matters most growing your business. From credit card processing to online payment solutions, we help streamline your operations so you can serve your customers better. Located at 1941 Abbott Rd Anchorage Ak 99507 in Anchorage, AK, we're just a phone call away at (907) 339-9485. Let us partner with you on your journey toward success!

Comprehensive List Of Services

Accessing Cash and Transactions

Need cash? Our branch features an ATM and cash withdrawal services that ensure quick access to your funds without hassle. For those who prefer face-to-face interaction for simpler transactions like deposits and withdrawals, our basic drive-thru banking service is always available during operational hours. At Credit Union 1, we pride ourselves on making banking accessible and straightforward for everyone. We invite you to visit us or reach out at 907-339-9485 to explore these services further. Let us partner with you on your financial journey!

Business Banking Made Easy

For small business owners or entrepreneurs, we understand how vital efficient banking is for success. That's why we offer business banking services, including merchant services and business loans to help you thrive in today's competitive market.

Digital Banking Convenience

In today's fast-paced world, convenience is key. Our robust online and mobile banking platforms allow you to manage your finances anytime, anywhere. Whether you're paying bills or transferring money to friends through our person-to-person payment feature, everything is at your fingertips.

Personal Banking Solutions

Managing finances can be overwhelming, but with our personal banking services, it becomes much easier. We offer checking and savings accounts that fit various lifestyles and budgets. Imagine easily accessing your funds whenever you need them or watching your savings grow with competitive interest rates. For those considering a new vehicle, our auto loans and vehicle financing options provide flexible terms to help you drive away in style without breaking the bank. If homeownership is on your mind, our mortgage loans and refinancing services make it straightforward to secure the perfect loan for your dream home.

Support for Your Financial Journey

Life can be unpredictable, and sometimes you may find yourself needing extra cash. Our personal loans and debt consolidation services can help ease financial burdens by offering affordable repayment options. Plus, if you enjoy rewards while spending, check out our credit cards with rewards that give back as you shop.

Digital & Online Banking

Accessibility and Real-Time Management

Managing your finances should be simple, which is why we've designed our services for ease of use. With Credit Union 1, you can take control of your financial life in real-time, whether you're at work, home, or out running errands. Join us today at Credit Union 1 and discover how easy banking can be with our comprehensive digital solutions!

Key Features

Security is our top priority. We provide an electronic signature authorization option that ensures your transactions are safe and reliable. Say goodbye to the hassle of paperwork! And if you're looking for a quick way to send money to friends or family, our person-to-person transfers feature makes it easy to send cash instantly without any fuss. For those who prefer using their smartphones, our mobile application gives you access to all these features at your fingertips. You can also enjoy the convenience of making mobile payments, allowing you to pay for purchases directly from your account with just a tap.

Financial Strength

Commitment to Growth

Our net shares available for lending and investments stand at $22, demonstrating our capacity to support your needs effectively. With a growing member base of 185,990, trust is built daily as more individuals choose Credit Union 1 as their financial partner. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Credit Union 1 is your trusted partner. Visit us at 1941 Abbott Rd Anchorage Ak 99507 or call (907) 339-9485 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Members' savings are secured through $157,814,648 in share certificates and $413,746,711 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $190,919,640, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,320 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Earnings and Lending Capacity

With $190,919,640 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant; we have $17,600 in used auto loans and $1,082,654,080 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is also reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 369 full-time employees and 5 part-time employees ready to assist you with knowledgeable service.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued $358,930,482 in used vehicle loans and $117,677,579 in new vehicle loans, helping members get on the road with reliable financing options. Whether you're interested in a brand-new model or a dependable used vehicle, our team is here to guide you through the process.

Credit Lines

Our total credit lines amount to $414,466,624, providing additional resources for those who need flexibility in their spending. This option allows you to access funds as needed while maintaining control over your financial situation. For business owners, though we currently have no outstanding commercial loans available, we are committed to supporting local businesses through competitive lending options when they arise. At Credit Union 1, we're here for all your lending needs. Our knowledgeable team is ready to assist you in exploring which product best suits your situation. For more information or personalized assistance, feel free to reach out at (907) 339-9485 or visit us at 1941 Abbott Rd Anchorage Ak 99507, Anchorage, AK. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. With Junior Lien 1-4 Family Residential Properties loans totaling $64,187,849, we provide flexible solutions for first-time buyers and seasoned homeowners alike. Our experienced staff can help you understand eligibility options and navigate the refinancing process if you're looking to lower your monthly payments.

Unsecured Credit Card Loans

Managing everyday expenses can be easier with our unsecured credit card loans. We offer flexible terms on these cards, with a total of $64,016,743 in loans available to help you manage your finances effectively. From emergencies to day-to-day purchases, our credit cards are designed to meet your needs without hidden fees.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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Credit Union 1