Cfab

Alaska Commercial Fishing and Agriculture Bank (CFAB) has been dedicated to financing resident-owned commercial fishing, tourism, agriculture, and natural resource businesses in Alaska since 1980. As a member-owned cooperative, CFAB focuses exclusively on meeting the commercial financing needs of Alaskans, offering a personalized approach to lending that understands the unique challenges and opportunities within these industries.

The bank distinguishes itself by taking the time to thoroughly understand each borrower's financing needs and has a proven track record of working with them through both prosperous and challenging times. CFAB recently announced a new Seasonal Bullet Loan program designed to aid fisherman in preparing for the upcoming fishing season, providing short-term financing for essential gear, equipment, insurance, and travel expenses.

With a commitment to serving Alaskan residents, CFAB stands out as a successful model of cooperation between public and private entities working to achieve mutual goals. The bank's dedication to providing reasonably priced services, generating earnings on equities supplied by cooperative owners, and maintaining minimal loan losses underscores its stability and member-focused approach.