Drive-Up Transaction Changes
To ensure a speedy and streamlined experience for CU1 members, we're updating the types of transactions that can be conducted in our credit union drive-ups. Effective August 16, 2021, please conduct the following transactions in a CU1 lobby.
- Cash deposits and cash withdrawals over $5,000
- Deposits of 25 or more checks
- Cashier's checks, money orders and printed statement requests
- Cash advances from another financial institution
- Transactions for individuals who are not CU1 members
- Items that require outreach to another area of CU1, such as Member Assistance
- Transactions where an individual is not easily identifiable from their vehicle
Thanks for helping us optimize your drive-up service. See you soon!
2021 Annual Meeting Results
Credit Union 1's annual membership meeting was held via video conference on Tuesday, March 30.
Board of Directors members Joe Towslee and Andre Horton were up for re-election at this year’s meeting, and they were both re-elected to serve three year terms. Former Supervisory Committee Chair, Yuliya Mitchell, was also confirmed for a three year term on our board.
The credit union's Board of Directors and Supervisory Committee are each comprised of volunteers put in an incredible effort on our members’ behalf. Thank you to this group, and to all members who attended this year's meeting!
CU1 Scholarship Winners
Each year, Credit Union 1 is proud to award valuable scholarships to Alaskan students in pursuit of higher education. These scholarships celebrate our roots as an Anchorage teachers’ credit union and our passion for lifelong learning! 2021 marks our 34th year of awarding scholarship funds, and winners of this year’s Bill Countryman Scholarship include:
- Neil P. - Anchorage
- Carlos S. - Anchorage
- Brandon G. - Anchorage
- Joel C. - Anchorage
- Desmarie Y. - Anchorage
- Estelita W. - Anchorage
- Jerica M. - Anchorage
- Hannah F. - Anchorage
- Jackson H. - Anchorage
- Ryan F. - Chugiak
- Meg S. - Eagle River
- Kali S. - Eagle River
- Lydia B. - Wasilla
- Aliyah S. - Fairbanks
- Maximum D. - Fairbanks
- Benjamin B. - Denali Park
- Leif L. - Kenai
- Marek G. - Kenai
- Lillian C. - Kenai
- Olivia P. - Ketchikan
- Zxyrhynity T. - Kodiak
- Edlen Mae M. - Kodiak
- Suzanna A. - Kodiak
- Kaori K. - Kodiak
In total, we’re excited to give $24,000 in scholarship funds to the above CU1 members! We’d also like to extend special thanks to all talented applicants who applied for our 2021 Bill Countryman Scholarship. While reviewing each and every application, we were proud to see how so many of you are expanding your education to help make Alaska an even better place to live.
Redeem Your CU1 Rewards for Cash
The CU1 Rewards program was retired on December 31, 2020. Throughout 2021, you can redeem current points at any time per our redemption schedule options – however, no new points will be earned.
Please note that for tax purposes, the maximum number of points that can be redeemed in one calendar year is 119,800. Any member who has between 119,800-239,600 points will be allowed until March 31, 2022 to redeem them. Points in excess of 239,600 will be forfeited.
To easily redeem your existing points and view your points balance, login to Online Access and visit More > Rewards today!
2021 Holiday Closures
- January 1 - New Year’s Day
- January 18 - Martin Luther King, Jr. Day
- February 15 - Presidents’ Day
- April 4 - Easter Sunday
- May 31 - Memorial Day
- July 4 and July 5 - Independence Day
- September 6 - Labor Day
- October 11 - Indigenous Peoples Day
- November 11 - Veterans Day
- November 25 - Thanksgiving Day
- December 24 - Christmas Eve
- December 25 - Christmas Day