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.

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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. 

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.

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Responsibility

We are a socially and ethically responsible organization.

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Vision

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

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Quality

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

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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

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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 Operating Officer

Erika Smith

Erika Smith LinkedIn

Chief Operating 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 C. Frisk

Travis Frisk

Chief Financial Officer

Travis C. Frisk

Travis Frisk LinkedIn

Chief Financial Officer

Joining us from the Municipality of Anchorage, Travis brings over three decades of financial industry experience to the credit union. Over his career, he has worked for three major national banks.

Travis has been a resident of Alaska since 1966. He grew up in East Anchorage, attending Nunaka Valley Elementary, Clark Jr. High and graduating from East Anchorage High School. Travis also attended the University of Arizona and ultimately graduated from the University of Alaska, Anchorage with a BBA in Finance & Marketing with a minor in Economics.

Travis currently serves on the Board of Junior Achievement of Alaska and as the President of the Alaska Wolves Hockey Association. He is a Civic Leader “Honorary Commander” with Joint Base Elmendorf-Richardson, and he was recently named to the Board of Trustees for the Municipality of Anchorage Trust Fund which holds over $450 million in investments.

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.

Jarred_SquareHeadshotClose

Jarred Landry

Chief Lending Officer

Jarred_SquareHeadshotClose

Jarred Landry

Chief Lending Officer

Jarred joined Credit Union 1 in 2023 as an experienced lending professional with a career spanning close to 20 years. Throughout his journey, Jarred has demonstrated a deep passion for community-based lending, dedicated to assisting individuals in realizing their financial dreams. He has a wealth of knowledge and expertise in the finance industry, along with a passion for successfully navigating complex lending landscapes and providing valuable guidance to countless individuals seeking financial solutions.

At home, Jarred finds immense joy in spending quality time with his wife and children. He can be found outdoors on camping trips, exploring nature's wonders, and creating lasting memories with his loved ones. Hunting and fishing are not just hobbies for Jarred but cherished activities that allow him to unwind and connect with the natural world.

Board of Directors

2022 Board of Directors - web

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.

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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.

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  • 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.