Alaska USA Federal Credit Union

KBRA Assigns Ratings to Alaska USA Federal Credit Union

Retrieved on: 
Monday, February 27, 2023

KBRA assigns deposit and senior unsecured debt ratings of BBB, a subordinated debt rating of BBB-, and short-term deposit and debt ratings of K3 for Anchorage, Alaska-based Alaska USA Federal Credit Union (“Alaska USA” or “the credit union”).

Key Points: 
  • KBRA assigns deposit and senior unsecured debt ratings of BBB, a subordinated debt rating of BBB-, and short-term deposit and debt ratings of K3 for Anchorage, Alaska-based Alaska USA Federal Credit Union (“Alaska USA” or “the credit union”).
  • Alaska USA has navigated the COVID-19 pandemic well, relative to many credit union peers with peak NCOs of 0.35% in 2020.
  • The credit union has elected the Complex Credit Union Leverage Ratio (CCULR), in lieu of the Total Risk-Based Capital ratio, which is 9.3% at 4Q22 and only slightly above the 9.0% minimum.
  • Historically, the credit union has managed its NWR below industry aggregate between 9.0% - 9.6% from 2012 to 2019.

Riverbed Launches Alluvio IQ™ Unified Observability Service that Transforms Data into Actionable IT Insights to Deliver Seamless Digital Experiences

Retrieved on: 
Tuesday, September 13, 2022

Riverbed today announced Alluvio IQ, a new cloud-native, SaaS-delivered Unified Observability service that empowers IT with actionable insights and intelligent automation to fix problems faster and improve digital service quality.

Key Points: 
  • Riverbed today announced Alluvio IQ, a new cloud-native, SaaS-delivered Unified Observability service that empowers IT with actionable insights and intelligent automation to fix problems faster and improve digital service quality.
  • LinkedIn: Riverbed launches Alluvio IQ Unified Observability service that transforms data into actionable IT insights to deliver seamless digital experiences: www.riverbed.com/alluvio-iq
    Todays general release of Alluvio IQ follows a successful Beta release that began in late May and delivers on Riverbeds April 27 strategy announcement to bring industry-leading unified observability to customers worldwide.
  • In April, Riverbed introduced Alluvio by Riverbed, the companys Unified Observability software portfolio, which unifies data, insights, and actions across the digital ecosystem so organizations can deliver seamless, secure digital experiences and drive enterprise performance.
  • We are thrilled to unveil Alluvio IQ and deliver on our vision to create a highly innovative, differentiated SaaS-delivered Unified Observability service, said Dan Smoot, CEO of Riverbed.

Riverbed Releases Beta for New Alluvio Unified Observability Solution

Retrieved on: 
Tuesday, May 31, 2022

Riverbed today announced the availability of the Beta program for its cloud native, SaaS-delivered AlluvioTM Unified Observability solution, moving it through to large-scale production data environments for enterprise organizations.

Key Points: 
  • Riverbed today announced the availability of the Beta program for its cloud native, SaaS-delivered AlluvioTM Unified Observability solution, moving it through to large-scale production data environments for enterprise organizations.
  • The highly anticipated general release of the Alluvio Unified Observability solution is expected in the coming months.
  • Todays Beta release follows Riverbeds April 27 strategy announcement to bring industry-leading unified observability to customers worldwide and accelerate growth.
  • The Beta is exciting news for our customers as they help us define the leading Unified Observability solution in the market, said Jim Hansen, Senior Vice President, Product Management at Riverbed.

Riverbed Unveils Transformational Strategy to Deliver Unified Observability to Customers Globally and Accelerate Growth Opportunities in $19 Billion Market

Retrieved on: 
Wednesday, April 27, 2022

Riverbed today launched a broad strategy to bring industry-leading unified observability to customers worldwide and accelerate growth.

Key Points: 
  • Riverbed today launched a broad strategy to bring industry-leading unified observability to customers worldwide and accelerate growth.
  • LinkedIn: Riverbed unveils transformational strategy to deliver Unified Observability to customers globally and accelerate growth opportunities in $19 Billion Market: https://rvbd.ly/3Mi1scE
    This marks an exciting new chapter for Riverbed, said Dan Smoot, Riverbed president and CEO.
  • Through our vision to deliver a highly innovative, differentiated SaaS-based Unified Observability portfolio, we will meet an urgent customer need and disrupt the market.
  • Customers can learn more about Riverbeds Alluvio Unified Observability strategy by attending The True Value of Observability webinar on May 11, 2022.

New research method from Filene offers credit unions custom insights against benchmarks

Retrieved on: 
Thursday, December 30, 2021

Credit unions employing these bundles correlated with a higher return on assets and higher net income more than credit unions who did not.

Key Points: 
  • Credit unions employing these bundles correlated with a higher return on assets and higher net income more than credit unions who did not.
  • This corresponds to a 4% response rate for the entire credit union system, representing approximately 25% of all credit union assets.
  • Generous support for the Center of Excellence for Diversity, Equity and Inclusion is provided by Advantis Credit Union, Alaska USA Federal Credit Union, Bethpage Federal Credit Union, Civic Federal Credit Union, Desert Financial Credit Union, Kinecta Federal Credit Union, LGFCU, SchoolsFirst Federal Credit Union, State Department Federal Credit Union, Suncoast Credit Union, UNFCU, University of Michigan Credit Union, UW Credit Union, and Visions Federal Credit Union.
  • About Filene: Filene Research Institute strengthens organizations through innovative research and incubation to improve consumer financial well-being.

Wursta Brings on Peter Hoff as Vice President of Cyber Security and Risk

Retrieved on: 
Wednesday, September 29, 2021

AUSTIN, Sept. 29, 2021 /PRNewswire/ -- Wursta , a premier Google Partner and technology advisor, announced the appointment of Peter Hoff as the company's new Vice President of Cyber Security and Risk.

Key Points: 
  • AUSTIN, Sept. 29, 2021 /PRNewswire/ -- Wursta , a premier Google Partner and technology advisor, announced the appointment of Peter Hoff as the company's new Vice President of Cyber Security and Risk.
  • Hoff, who's collaborated with Google for more than a decade on security aspects of its business solutions, will expand Wursta's security products and advisory services.
  • Hoff also served as Director of Information Security at JM Family Enterprises, a national automotive distributor, where he addressed technological challenges and emerging cyber threats.
  • "As Wursta continues to grow, I am delighted to join its talented team to build an enterprise-class security practice and further expand the Wursta suite-of-services," commented Hoff.

Alaska USA Federal Credit Union to Acquire TCF Bank Branches in Arizona

Retrieved on: 
Wednesday, January 8, 2020

Alaska USA Federal Credit Union (Alaska USA) and TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (NASDAQ: TCF), today announced Alaska USA has signed a definitive agreement to acquire TCF Banks seven branches located in the greater Phoenix, Arizona market, along with deposits and certain related assets.

Key Points: 
  • Alaska USA Federal Credit Union (Alaska USA) and TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (NASDAQ: TCF), today announced Alaska USA has signed a definitive agreement to acquire TCF Banks seven branches located in the greater Phoenix, Arizona market, along with deposits and certain related assets.
  • As part of the agreement, Alaska USA will extend employment offers to all TCF Bank team members who work at the seven branches.
  • View the full release here: https://www.businesswire.com/news/home/20200108005863/en/
    TCF Bank branches add to the eight branches that Alaska USA currently operates in the Phoenix market, which will total 15 branches following the acquisition.
  • The acquisition of TCF Banks seven branches and deposits in Arizona further demonstrates our commitment to providing expanded access to credit union services to individuals residing throughout Maricopa County, said Geoff Lundfelt, Alaska USA president and CEO.

Alaska USA Federal Credit Union Selects MX For Digital Banking

Retrieved on: 
Tuesday, December 17, 2019

SILICON SLOPES, Utah and ANCHORAGE, Alaska, Dec. 17, 2019 /PRNewswire/ --MX, the leading digital transformation platform for banks, credit unions, fintechs and partners, today announced that Alaska USA Federal Credit Union, one of the nation's largest credit unions, has chosen MX for its mobile banking platform to transform the digital experience for its members.

Key Points: 
  • SILICON SLOPES, Utah and ANCHORAGE, Alaska, Dec. 17, 2019 /PRNewswire/ --MX, the leading digital transformation platform for banks, credit unions, fintechs and partners, today announced that Alaska USA Federal Credit Union, one of the nation's largest credit unions, has chosen MX for its mobile banking platform to transform the digital experience for its members.
  • Alaska USA FCU operates 74 branches and service facilities in Alaska, Arizona, California, and Washington, serving more than 660,000 members worldwide.
  • With MX, Alaska USA members will receive personal financial management through MX Pulse, value-added data services through MX Catalyst, as well as deeper data insight to continually improve the credit union's digital banking offerings to its members.
  • "We have been impressed with how MX Helios has boosted mobile engagement for other large credit unions," said Geoff Lundfelt, President and Chief Executive Officer, Alaska USA Federal Credit Union.

Black Dragon's Louis Hernandez Jr. highlights Payveris MoveMoney platform's continued acceleration with signing of Alaska USA Federal Credit Union

Retrieved on: 
Monday, March 18, 2019

"Payveris's sophisticated cloud-based software is helping members of the credit union industry to improve their technological infrastructures both economically and efficiently in response to customer demand for digital delivery systems.

Key Points: 
  • "Payveris's sophisticated cloud-based software is helping members of the credit union industry to improve their technological infrastructures both economically and efficiently in response to customer demand for digital delivery systems.
  • I salute Payveris and its leadership for winning the confidence of Alaska USA Federal Credit Union as a user of this exciting product," said Hernandez, who is chief executive officer at Black Dragon Capital and a member of the Payveris board of directors.
  • Alaska USA Federal Credit Union is a member-owned, not-for-profit financial cooperative with $7.6 billion in assets.
  • Shift from a product-centric digital payments model to a platform-centric model today Visit www.payveris.com to learn more.