Credit Union 1 Kodiak AK | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Credit Union 1, your trusted financial partner located at 111 Lower Mill Bay Rd, Kodiak, AK 99615. Since our establishment in 1982, we have proudly served our community and built a strong membership base of over 92,538 members. Our commitment to providing exceptional service is reflected in our robust financial standing, with total assets reaching an impressive $1,446,726,940 and total deposits amounting to $65,904,074. At Credit Union 1, we believe in empowering our members with the tools they need for financial success. Whether you're looking for personal banking solutions such as checking and savings accounts or need financing options like auto loans or mortgages, we've got you covered. Our diverse range of services also includes credit cards with rewards and business banking solutions designed to help local businesses thrive. Led by our dedicated CEO Mark Burgess and Board President Steve Cavin, our team of 374 employees is here to assist you every step of the way. We understand that each member's needs are unique; that's why we offer personalized service tailored just for you. While members can visit us at our branch location in Kodiak, official correspondence should be sent to our mailing address: 1941 Abbott Road, Anchorage, AK 99507. Explore how Credit Union 1 can help you achieve your financial goals today! Feel free to call us at 907-486-9485 or visit our website at cu1.org for more information. We look forward to serving you!

Branch History & Mission

Join Us

As we look forward to the future, we invite you to be part of the Credit Union 1 family. Experience firsthand the benefits of membership where your financial goals are supported by a team that truly cares. Together, let's build a brighter financial future for you and our community! For more information or assistance, feel free to call us at 907-486-9485 or visit us online at cu1.org.

Our Evolution

Since our inception, we have focused on providing exceptional financial services tailored to the needs of our community. Our commitment to member satisfaction has driven us to expand our offerings beyond basic banking services. We now provide a range of personal and business banking solutions, including auto loans, mortgages, credit cards with rewards, and online banking options. Our evolution is not just about numbers; it's about fostering relationships and building trust within Kodiak and its surrounding areas. Over the years, we have embraced technology while ensuring that we remain accessible to everyone. Our branch features both ATM availability and drive-thru banking services for added convenience. We are dedicated to ADA compliance and customer-centric initiatives that make banking easier for all members of our community.

Our Mission

Our mission at Credit Union 1 is simple yet powerful: to empower our members by providing accessible financial services while actively contributing to the well-being of our community. We believe in supporting local initiatives and partnering with organizations that share our vision of creating a thriving environment for all residents. Whether through educational workshops or sponsorships of local events, we strive to give back because we know that a strong community leads to stronger individuals. While members can visit us at 111 Lower Mill Bay Rd, official correspondence should be sent to 1941 Abbott Road, Anchorage, AK 99507. We invite you to come by during our operating hours Monday through Friday from 10:00 am to 6:00 pm and Saturday from 10:00 am to 5:00 pm where our friendly staff is ready to assist you.

Branch Location & Accessibility

Accessibility Features

At Credit Union 1, we prioritize accessibility for all our members. Our branch is fully compliant with ADA standards, featuring ramps and accessible entrances. Whether you are visiting in person or utilizing our drive-thru services, we ensure that every member can enjoy their banking experience comfortably.

Operating Hours

We know how busy life can get, which is why we've made it easy for you to stop by when it's most convenient. Our lobby hours are Monday through Friday from 10:00 AM to 6:00 PM and Saturday from 10:00 AM to 5:00 PM. If you prefer banking on the go, take advantage of our ATM services available right here at the branch.

Services Offered

Credit Union 1 provides a wide array of services tailored to meet your needs from personal banking options like checking and savings accounts to auto loans and mortgage refinancing. We also offer credit cards with rewards and business banking solutions. Need assistance after hours? Our online and mobile banking options allow you to manage your accounts anytime, anywhere. While members can visit us at 111 Lower Mill Bay Rd Kodiak Ak 99615, official correspondence should be sent to our mailing address at 1941 Abbott Road, Anchorage, AK 99507. If you're looking for a reliable credit union that puts its members first, come visit us or give us a call at 907-486-9485. We look forward to welcoming you to Credit Union 1!

Member Eligibility

At Credit Union 1, we believe in building a community that thrives together, and we're excited to welcome you as a member! Becoming part of our family is simple. If you live, work, or worship in the Kodiak area, you are already eligible to join us. We also open our doors to family members of existing members, creating a supportive network that extends beyond just banking. With membership at Credit Union 1, you gain access to a wide range of financial services designed with your needs in mind, from personalized checking and savings accounts to competitive loan options. To get started on your journey with us, simply visit our branch located at 111 Lower Mill Bay Rd Kodiak Ak 99615 or give us a call at (907) 486-9485. For more details about eligibility criteria and membership benefits, feel free to check out our website at . Opening an account is just a click away through this link: https://app.cu1.org/virtualcapture/products/index/?productsubcategory=creditcard. We can't wait to help you reach your financial goals!

Business Banking & Commercial Services

Loan Options Tailored for You

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 That Make Sense

But financing is just one piece of the puzzle. Our merchant services help businesses process payments smoothly, ensuring you can focus on what really matters serving your customers. With easy payment solutions tailored to fit your operations, you'll find that managing transactions is less of a hassle and more of a breeze. Come visit us at 111 Lower Mill Bay Rd Kodiak Ak 99615 in Kodiak, AK, or call us at (907) 486-9485. Let's work together to turn your business vision into reality!

Comprehensive List Of Services

Always Here for You

With extended lobby hours from Monday to Saturday and friendly staff ready to assist you at every turn, we're here when you need us most. Reach us at 907-486-9485 if you have any questions or want more information about how we can support your financial journey. At Credit Union 1, we're proud to offer these comprehensive services designed with our members in mind. Visit us today and discover how we can help you achieve financial success! For more details about our offerings, feel free to explore our website.

Auto Loans & Vehicle Financing

If you're in the market for a new vehicle, our Auto Loans & Vehicle Financing services can help you get behind the wheel without breaking the bank. Picture driving off in that car you've always wanted while enjoying competitive rates and flexible terms tailored to fit your budget.

Business Banking Services

For our business members, we provide specialized Business Banking services including merchant services and business loans. We know running a business requires financial flexibility and support; that's why we're committed to helping you thrive.

Convenient Access Options

To ensure ease of access, we offer various ways to manage your banking needs. Use our ATM & Cash Withdrawal Services for quick access to cash, or utilize our basic drive-thru banking for deposits and simple transactions without leaving your vehicle.

Credit Cards with Rewards

Enjoy shopping? Our Credit Cards with Rewards program allows you to earn points on your purchases that can be redeemed for exciting rewards. It's like getting paid for spending!

Mortgage Loans & Refinancing

Homeownership is within reach with our Mortgage Loans & Refinancing options. Whether you're buying your first home or looking to refinance an existing mortgage for better terms, we're here to guide you through every step of the process. Our team will work closely with you to ensure that you find the best solution for your unique situation.

Personal Banking Solutions

We understand that managing finances can be overwhelming. That's why our Personal Banking services are designed with you in mind. Whether you're looking to open a checking or savings account, we offer options that fit your lifestyle. Imagine having easy access to your money anytime you need it through our robust Online & Mobile Banking platforms. You can check balances, transfer funds, and even make payments right from your smartphone!

Personal Loans & Debt Consolidation

For those unexpected expenses or plans that require extra funds, our Personal Loans & Debt Consolidation services are here for you. We understand life can throw curveballs like medical bills or home repairs and having access to cash when you need it can make all the difference.

Digital & Online Banking

Key Services

You can explore our online banking features at https://www.cu1.org/. Our platform allows you to view your account balances, make transfers, and pay bills with ease. We also provide electronic signatures for authorization, making it simpler than ever to handle important documents securely without the need for paper. Our e-statements feature lets you access your financial statements digitally, ensuring that you stay organized while reducing clutter. If you're always on the go, our mobile application brings all these capabilities right to your smartphone. With a user-friendly interface, you can check balances, deposit checks, and even make mobile payments seamlessly.

Real-Time Access and Transfers

Need to send money quickly? Our person-to-person transfer service allows you to send money to friends or family in real-time no hassle involved! Plus, with our 24/7 online banking services, you'll never have to worry about whether it's too late or too early to manage your accounts. At Credit Union 1, we prioritize security alongside convenience. Our robust security measures ensure that your information remains protected while you enjoy easy access to your funds. Whether you're at home or out running errands, managing your finances has never been easier or safer. Join us at Credit Union 1 and experience the freedom of modern banking today!

Financial Strength

At Credit Union 1, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to serving you with reliability and confidence. With a net worth of $190,919,640, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1320 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. 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 supports your financial goals with $17,600 in used auto loans and a total of $1,082,654,080 in loans and leases across various sectors. Our efficient operations are reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 369 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at an impressive 185,990, showing a strong and growing member base that trusts us with their finances. Our available funds for lending and investments (Net Shares) amount to $22, further demonstrating our readiness to assist you. 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 111 Lower Mill Bay Rd Kodiak Ak 99615 or call 907-486-9485 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $358,930,482 in used vehicle loans and $117,677,579 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make your car buying experience as smooth as possible.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $64,187,849. With straightforward eligibility criteria and personalized service, we're here to guide you through the process of securing your dream home.

Other Loan Options

In addition to auto and mortgage loans, we provide various loan options tailored to different needs. Whether it's personal loans for debt consolidation or credit lines for unexpected expenses our team is dedicated to finding a solution that fits your situation. If you're considering refinancing any existing loans or need assistance understanding eligibility options, our knowledgeable staff is ready to assist you. Feel free to reach out for personalized advice based on your financial circumstances. For more information on how our loan products can help you succeed financially or if you have any questions about our offerings, don't hesitate to contact us at (907) 486-9485. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Come visit us at 111 Lower Mill Bay Rd Kodiak AK 99615, and let's explore how we can support your financial journey today!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $64,016,743 in loans helping members manage their finances effectively. Enjoy the convenience of making purchases while keeping your budget in check.

Loan Aggregator

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures that all offers presented are fair and transparent. By working only with institutions that adhere to these standards, LendMesh provides a level of reliability that users can trust.

Credit Union 1