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#CU1Foodie Small Business Spotlight
To show support for small businesses and the diverse, unique owners that operate them throughout our state, Credit Union 1 will be highlighting a different local business every 1-2 weeks this summer.
Currently, our small business spotlight is the Reindeer Hut in Soldotna! On June 30, you can visit this business at 47623 West Point Avenue, starting at 11am, for a free meal sponsored by Credit Union 1 (while supplies last).
Benjamin Peterson and Aaron Conradt started the Reindeer Hut in Soldotna "not out of the desire to cook something, but out of the desire to eat something." That something was Gyros. The idea of using reindeer for the meat and serving it on a fry bread came about because they wanted to put an Alaskan spin on a culinary classic. Having no culinary schooling or experience in a commercial kitchen, people told them they were “nuts.” That skepticism just fueled their fire!
The gamble paid off when the Kenai Peninsula got a taste of what these two guys had created out of nowhere. They brought something fun, fresh, delicious and different. Now they can be found at most local events around the Kenai/Soldotna area where they always welcome everyone to their window with a smile and the promise of something delicious.
Interested in having your business featured as a #CU1Foodie small business spotlight?
Funds Availability: Recent Changes
Effective July 1, federal changes to Regulation CC affected the availability of check deposits as follows:
  1. Certain check deposits require a three day hold of funds. Previously, when this hold was required, the first $200 of your check was available next business day. As of July 1, this increased to $225.
  2. At times, we may delay the availability of check deposits that total more than $5,000 in one day. As of July 1, this total increased to $5,525. 

Small Business Aid
The State of Alaska’s Department of Commerce, Community and Economic Development (DCCED) and the Alaska Industrial Development and Export Authority (AIDEA) have partnered together with Credit Union 1 to provide emergency relief for Alaskan small businesses.
Please note that your application must be submitted electronically via the portal below, and applications will not be processed in-branch.
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!  2020 marks our 33rd year of awarding scholarship funds, and winners of this year’s Bill Countryman Scholarship include:
  • Aiden J. – Fairbanks
  • Hannah F. – Anchorage
  • Kaori K. – Anchorage
  • Olivia T. – Anchorage
  • Sebastian R. – Anchorage
  • Edlen Mae M. – Kodiak
  • Abby C. – Eagle River
  • Abbey R. – Eagle River
  • Andranel B. – Anchorage
  • Kali S. – Eagle River
  • Vaughn S. – Fairbanks
  • Bradley W. – Anchorage
  • Ashlee S. – Valdez
  • Cameron B. – Soldotna
  • Abbigail L. – Anchorage
  • Melchora P. – Kodiak
  • Joel C. – Anchorage
In total, we’re excited to give $19,950 in scholarship funds to the above CU1 members! We’d also like to extend special thanks to all talented applicants who applied for our 2020 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.
2020 Holiday Closures
  • January 1 - New Year's Day
  • January 20 - Martin Luther King, Jr. Day
  • February 17 - Presidents' Day
  • April 12 - Easter Sunday
  • May 25 - Memorial Day
  • July 3-4 - Independence Day 
  • September 7 - Labor Day
  • October 12 - Indigenous People's Day
  • November 11 - Veterans Day
  • November 26 - Thanksgiving Day
  • December 24 - Christmas Eve (open 9am-12pm)
  • December 25 - Christmas Day