Check fraud is costing Alaska businesses millions. The Financial Crimes Enforcement Network reported check fraud nearly doubled in 2022 compared to the previous year. We are seeing our customers and those of other financial institutions victimized by a greater amount of check fraud than ever before. The Anchorage Daily News reported, “Check fraud is back…
ANCHORAGE, AK – First National Bank Alaska welcomes Suzanne Whittle as Compliance & Branch Operations Support Director and Senior Vice President. Whittle brings more than 42 years of banking experience to her role overseeing First National’s Compliance Department, including the bank’s Fair Lending and Quality Assurance, Bank Secrecy Act (BSA) Compliance and Branch Operations Compliance…
ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the second quarter of 2023 was $14.5 million, or $4.57 per share. This compares to a net income of $14.4 million, or $4.54 per share, for the same period in 2022. Year-to-date net income was $27.9 million, or $8.81 per share, compared to $28.2…
ANCHORAGE, Alaska – At the Board of Directors Meeting held July 27, 2023, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share, payable on September 15, 2023, to shareholders of record as of September 1, 2023.
(FAIRBANKS) First National Bank Alaska donated $15,000 to the Breast Cancer Detection Center of Alaska (BCDC) to help purchase a new mobile mammography truck, increasing access to state-of-the-art mammograms to people across Alaska, including those living in remote areas of the state or who can’t afford to pay. “Since 1976, BCDC has helped Alaskans understand…
(KODIAK) On July 8, 1963, First National Bank Alaska opened its Kodiak Branch doors for the first time. A little over 60 years later, after weathering booms and busts, earthquakes and tsunamis, the bank will mark six decades of service to the Emerald Isle with a celebration at the branch on July 14. Members of…