Business Banking & Commercial Services
At Global, we understand that every business has unique needs and dreams. Whether you're a startup or an established company, we are here to help you thrive. Our commercial loan options are designed to fuel your ambitions, giving you the financial support needed to grow and expand. Imagine a local bakery that dreams of opening a second location. With our member commercial loans, we've funded over $996 in loans for businesses just like yours, enabling them to take that leap. We also recognize the importance of supporting the wider community; that's why we offer $48 in non-member commercial loans, providing flexible financing solutions for businesses across all sectors. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - With an outstanding commercial loan portfolio of $1,388,993,491, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, our merchant services help streamline operations for your business. From payment processing to customer management, these tools make transactions smoother and enhance your customer experience. Let us partner with you on your journey toward success! Visit us at 135 Sterling Hwy Homer Ak 99603, Homer, AK or call us at (907) 235-5161 to learn more about how we can support your business aspirations.
Financial Strength
At Global, 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 want you to feel confident about your financial future, and our robust performance reflects that commitment. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $1,206,147,017, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.36% 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 $2,511,517,697 in share certificates and $1,741,716,522 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $291,881,911, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $1,006,816,390 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 members' financial goals across various sectors with $112,474 in used auto loans and $9,680,076,612 in total loans and leases. Our operational efficiency is reflected in our $13,664,469, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 1,921 full-time employees and 42 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $10,243,587. Total Share and Deposit Accounts: 1,124,697, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Global is your trusted partner. Visit us at 135 Sterling Hwy Homer Ak 99603 or call (907) 235-5161 to learn more about how we can help you achieve your financial goals.
