Routing #: 325272063

About Us

Founded in 1952, we've been serving Alaskans for over 70 years. We’re proud of our past, and we’re ready for the future.

Join Us

 

Local and loyal since 1952

With our roots firmly planted, we’ve got nowhere to go but up - and that means offering even more significant financial resources, member experiences and service to our Alaska communities as we grow.

For more than 70 years, our day-to-day focus has been to ensure we’re helping each member achieve their unique financial goals through excellent service and value. 

Rockfish (1 of 4)-1
man-smiling-660x660@2x

History of Credit Union 1

Credit Union 1 celebrated its 70th anniversary in 2022. Take a look back on decades of milestones that have helped us grow as a member-owned organization!

In 1952, our credit union first began as the Anchorage Teachers Federal Credit Union. We were here for Alaskans when our state was still brand new, through economic ups and downs that have sharpened Alaskans' need for a financial institution that puts people first.

Over the following decades, we expanded to a 12 branch network that reaches as far north as Nome and south to Ketchikan. Following several mergers over time, the new Credit Union 1 emerged as a not-for-profit leader in financial service for Alaskans. Today, we serve nearly 100,000 people statewide.

1952

Anchorage Teachers Federal Credit Union is founded.

1979

Now called Alaska School Employees Credit Union, a Soldotna Branch opens.

1982

The credit union becomes Frontier Alaska State Credit Union with a new expanded field of membership. Anyone living or working in Alaska can join.

1983

Leslie Ellis is named Frontier’s general manager.

1985

Frontier is the first credit union in Alaska to offer credit cards.

1986

Frontier offers members 24/7 account access by phone.

1987

Named after a longtime board member, the 1st annual Bill Countryman Scholarships are awarded.

1995

FedAlaska Federal Credit Union (founded in 1948) merges with Frontier, creating Credit Union 1.

1998

Credit Union 1 offers members check cards and online bill payments. Online banking services are offered.

2004

North Country Credit Union (founded in 1952) merges into Credit Union 1. Two new Fairbanks branches are built and Credit Union 1 extends into Nome.

2005

We celebrate 10 years as Credit Union 1 by opening our new headquarters building.

2006

Credit Union 1 becomes the first financial institution in Alaska to open an on-site children’s learning center for employee families. A new Eagle River Branch opens.

2008

The Credit Solutions department is formed to help members with past credit problems get back on their feet.

2009

Credit Union 1 opens Learning Lab at Anchorage’s West High School.

2010

Credit Union 1 becomes the first financial institution to enter the Mountain View community of Anchorage in over 20 years.

2013

Mobile check deposit capabilities debut.

2014

Longtime CEO, Leslie Ellis, retires after 30 years of dedicated service.

2016

Credit Union 1 launched digital wallets beginning with Apple Pay.

2018

Indirect lending services are offered. In honor of longtime board member Colin Baxter, the Employee Hand Up program was created to provide financial assistance to employees.

2019

Plans are drawn up to manufacture Alaska's first mobile banking truck: the CU1 Mobile Branch.

2020

A global pandemic strikes and we help distribute over $84 million in grants to 2,000+ businesses in communities across our state as part of Alaska's AK CARES grant program.

2021

Credit Union 1 opens Financial Center South with a new member experience and refreshed visual identity.

Beyond

When Alaskans need us most, we remain true to the credit union philosophy of “people helping people.” This philosophy has been the guiding light in everything we represent and everything we continue to do. Through the good times and the tough times alike, we live our mission to help members achieve their financial goals by focusing on excellent service and value.

Our Core Values

Core values are the fundamental beliefs of CU1 and the lens that we use when conducting business with members, potential members, vendors, fellow employees and all other parties we are in contact with while acting as an employee of the credit union.

Integrity

Integrity

We devote ourselves to the highest ethical standards in all our professional obligations.

Geography - Mountain-2

Responsibility

We are a socially and ethically responsible organization.

Geography - Eagle-2

Vision

We encourage innovation in the discovery and development of new products and services.

fish pictogram

Quality

We set our standards high to provide excellent service and value.

Leadership Pictogram

Citizenship

We acknowledge that it is our responsibility to take an active role in our communities.

Leadership

Our talented leaders have the great honor of serving our members and our communities each and every day.

Executive Management

Send a Message

Mark Burgess

Mark Burgess

President/CEO

Mark Burgess

Mark Burgess LinkedIn

President/CEO

Mark started his career in IT for both small and large organizations, and his passion is finding elegant technical solutions to drive organizational efficiencies. Prior to serving as CEO of Credit Union 1, Mark moved to Alaska from New Hampshire in 2018 to serve as CU1’s Chief Technology Officer, where he was responsible for day-to-day IT operations, project management, information security and facilities. In his newest role, Mark brings immense knowledge, innovative thinking and a commitment to lead with empathy, compassion and service to others.

Mark finds ways to give back whenever he can and serves on the Alaska SeaLife Center Board, the Alaska State Council on the Arts Commission, and the Alaska Public Broadcast Commission. He and his wife, Hannah, are also avid birders who are always searching high and low for new birds - and trying to see more birds in a year than his dad!

Erika Smith

Erika Smith

Chief Retail Banking Officer

Erika Smith

Erika Smith LinkedIn

Chief Retail Banking Officer

Erika is a life-long Alaskan who attended Soldotna High School and has a degree in Secondary Education with a concentration in English. She's passionate about supporting the critical thinking of our next generation. Erika has many years of experience working at a national bank chain before joining Credit Union 1 as an advocate for our mission to lead change, uplift others and truly value the people of Alaska. In her personal time, she loves to sleep and ski! Her favorite place to be is either in the mountains or on the Kenai River with friends.

Travis Frisk

Travis Frisk

Chief Financial Officer

Travis Frisk

Travis Frisk LinkedIn

Chief Financial Officer

Joining us from the Municipality of Anchorage, Travis grew up in the East Anchorage neighborhood of Nunaka Valley. He attended UAA and has a degree in Finance, a degree in Marketing and a minor in Economics. His 30+ year banking career has been spread among three major banks. Travis and his wife Connie have been married for over 30 years as well, and they have two children who live and work in Anchorage. Travis serves on the Board of Directors for Junior Achievement of Alaska, the Alaska State Hockey Association and Alaska Wolves Hockey Association. In his free time, he loves to be anywhere his family is - whether that's hiking the trails and hills of his backyard or spending time at their cabin during hunting season.
Keith Bennett Headshot

Keith Bennett

Chief Technology Officer

Keith Bennett Headshot

Keith Bennett LinkedIn

Chief Technology Officer

Keith's career is rooted in Alaskan credit unions. He started his first position in 1989 as a branch teller, and after a decade of advancement, he moved into managing a credit union IT group in 2000. In 2018 he became Head of IT for a newly merged local credit union. Keith's biggest focus for the past several years has been working with senior leadership and enterprise project management teams to define and implement initiatives focused on redesigning the omni-channel experience and digital roadmaps. To this tune, he joined Credit Union 1 in 2022 as Chief Technology Officer! Outside of work, Keith enjoys hands-on projects from building furniture and custom fly rods, to crafting a cedar strip canoe, to home remodeling and building a cabin in Petersville, Alaska.

Board of Directors

Credit Union 1's Board of Directors is a group of volunteers who oversee the governance of the credit union to ensure the organization executes strong strategies and direction. If you have a concern about the governance of Credit Union 1, please contact our Board of Directors below.

Send a Message

Steve Cavin

Steve Cavin

Chairman

Jennifer Bernard

Jennifer Bernard

Vice Chair

Colin Baxter

Colin Baxter

Treasurer

Ed Hall

Marietta 'Ed' Hall

Secretary

Joe Towslee

Joe Towslee

Director

Andre Horton

Andre Horton

Director

Yuliya Mitchell

Yuliya Mitchell

Director

Supervisory Committee

Credit Union 1's supervisory committee is a group of volunteers who have oversight over the accurate reporting of the organization's financial records and ensuring executive decisions are fair and ethical. If you have a concern about the oversight of Credit Union 1, please contact the Supervisory Committee below.

Send a Message

  • Jeff Wood, Chairman
  • Ross Risvold, Secretary
  • Vincent Schmoyer, Member

Annual Report Pictogram

Annual Reports

We believe in integrity and transparency. That's why we provide you with annual reports of our financial well-being, accomplishments, upcoming goals and more.