Alaska Usa Merges With Global Credit Union Alaska Business Magazine

Global Credit Union Formerly Alaska Usa Lays Off 78 Alaska Employees Alaska usa federal credit union has finalized a merger with spokane based global credit union. the merger combines alaska usa’s 700,000 members with global’s 45,000 members, resulting in an organization with combined assets of nearly $12 billion, making it one of the fifteen largest credit unions in the country. Global will now operate as “global credit union, a division of alaska usa federal credit union.” under the merger, current president and ceo of alaska usa, geoff lundfelt, will remain president and ceo of the combined $12 billion asset organization.

Alaska Usa Merges With Global Credit Union Alaska Business Magazine The merger would combine alaska usa’s 700,000 members with global’s 45,000 members, and it will result in an organization with combined assets of over $11 billion, making it one of the 15 largest credit unions in the country. stakeholders of both organizations were informed of the merger today. Alaska usa has approximately 2,200 employees and seventy nine branches in alaska, washington, idaho, california, and arizona. the merger with global credit union boosted assets to nearly $12 billion, making the combined entity one of the fifteen largest credit unions in the country. The name “global credit union” supports alaska usa’s future growth, according to president and ceo geoff lundfelt. the appellation is also recognizable, easy to associate, and matches the credit union’s geographic trajectory. In april, alaska usa federal credit union began operating under a new name—global credit union—to symbolize its expanded service worldwide and bold aspirations for the future.

Alaska Usa Federal Credit Union Officially Merges With Global Credit The name “global credit union” supports alaska usa’s future growth, according to president and ceo geoff lundfelt. the appellation is also recognizable, easy to associate, and matches the credit union’s geographic trajectory. In april, alaska usa federal credit union began operating under a new name—global credit union—to symbolize its expanded service worldwide and bold aspirations for the future. The former alaska usa federal credit union isn’t stopping its growth through acquisition since merging in 2022 with the spokane based credit union that gave the co op its new name. Spokane based global credit union has merged with alaska usa federal credit union, making it one of the largest financial cooperatives in the country. under the merger, which closed. Alaska usa federal credit union (alaska usa) with headquarters in anchorage, alaska, and global credit union (global) with headquarters in spokane, washington, announced they are seeking regulatory approval of their intent to merge.