Spirit of Alaska Federal Credit Union

Spirit of Alaska Federal Credit Union (SoAFCU) is the largest[1] National Credit Union Administration insured credit union based in Fairbanks, AK. There are 3 branches with ATM's in the Fairbanks area. SoAFCU has around ten thousand members. Any person who lives, works, or worships within the Fairbanks North Star Borough is eligible to join the credit union.[2]

Spirit of Alaska Federal Credit Union
Credit union
IndustryFinancial services
Founded1960
HeadquartersFairbanks, Alaska
United States
Key people
Anthony Rizk, President
Charlie Sparks, Chairman
ProductsSavings; checking; consumer loans; mortgages; credit cards
Total assets$150M USD (2015)
Websitespiritofak.com

History

SoAFCU was originally a small credit union located in the Viking Room of Constitution Hall, University of Alaska Fairbanks. The credit union was started with $32 in a metal cash box and was first named "Greater Fairbanks Teachers’ Credit Union". It was dedicated to non-profit operations for the service and benefit of its member teachers. As the membership grew and expanded to include members north of the Alaska Range, the name was changed in 1975 to "Northern Schools Federal Credit Union." The name was again changed in 2007 to "Spirit of Alaska Federal Credit Union" to reflect the continued expansion of the field of membership and expansive growth of SoAFCU.

SoAFCU opened their newest branch at the corner of Hunter and Johansen in north Fairbanks June 4, 2011.[3]

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References
  1. http://cuonline.ncua.gov/CreditUnionOnline/CU/FindCreditUnions.aspx
  2. From SoAFCU's "About Us" website https://spiritofak.com/about-us/
  3. From Fairbanks Daily News Miner http://www.newsminer.com/view/full_story/14125063/article-Spirit-of-Alaska-opens-Johansen-branch?
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