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News and
Views
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We've MOVED!
CFAB is now open at our new location:
New Address: 3040 Lakeshore Drive, Anchorage, Alaska
99517 (near the airport, across from Lake Hood, near the
intersection of Spenard Road and Wisconsin)
Mailing address, phone, and fax remain the same:
P. O. Box 92070, Anchorage, AK 99509
907.276.2007 or Outside Anchorage 800.544.2228 (phone)
907.279.7913 (fax)
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Corrected Tide Books have been
Published. Click here for more information.
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The University of Alaska Marine Advisory Program's second
Alaska
Young Fishermen's Summit is coming to Anchorage December 11 and 12, 2007,
and CFAB will again participate in
this educational conference for the younger fishermen in Alaska.
CFAB will underwrite the expense for three
"young fishermen" to take part in this opportunity. To learn
more about the summit go to the
UAF Marine Advisory Program website.
To be eligible for CFAB's sponsorship you must meet the
conference eligibility requirements (under 40 and/or have
participated in the Alaskan commercial fishing industry less than
five years) and be a member of CFAB or a member of the immediate
family of a CFAB member. Also, you must be willing to commit to
participating on both days of the conference.
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CFAB had the pleasure to
participate in the 2007 Global Food Alaska Conference and
Tradeshow in Soldotna June 13 and 14. The purpose of this
event provided an opportunity for Alaskan producers to market their
value added food products to buyers from around the world.
Click here to learn more about the conference.
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CFAB President Lea
Klingert participated as a facilitator in the 2007 Alaska Young
Fishermen's Summit conducted by the University of Alaska Marine
Advisory Program. The purpose of the conference was to provide
training in the business of operating a fishing business, the
fisheries management process and the world market place for Alaskan
seafood products.
Click to read an
Anchorage Daily News article about the
fishermen participants. To learn more about this and other
fishery related training opportunities go to the University of
Alaska Marine Advisory
Program.
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"Cooperative
loan organization is one of a kind" so reads the headline from
an article by Melissa Campbell, reporter for the Alaska Journal of
Commerce, Vol. 29, No. 18, published May 1, 2005, p. A6.
Click to read the
article.
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CFAB looking to complete
twenty-five years serving the Alaska Business Community. Read
about it in the Alaska Business Monthly, January 2005 edition.
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CFAB Makes Borrowing
Easier. August 31, 2004. CFAB announced changes to
its capital plan. The investment requirement for membership in
CFAB was reduced from five percent to two percent (or $2,500
whichever is less). "We are very proud and pleased to be able
to make this change," said Lela Klingert, President of CFAB.
CFAB is a private, for profit member owned cooperative specializing
in financing to the tourism, natural resources, commercial fishing
and agriculture industries of Alaska. In addition to general
business loans, CFAB also makes loans to purchase IFQ's, Limited
Entry permits and the recently developed CQE's.
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CFAB's base interest
rate lowered June 1, 2003. Read the
announcement.
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