ANCHORAGE, Alaska – Alaska USA Federal Credit Union has signed a letter of intent to acquire Ribelin Lowell and Company Insurance Brokers. According to the $2.3 billion credit union, the firm is the largest independent and locally owned insurance brokerage in Alaska and has locations in Anchorage, Fairbanks and Soldotna. Ribelin Lowell and Company President Richard Lowell will remain affiliated in a consulting capacity and no personnel changes are planned. The firm will operate as Ribelin Lowell Alaska USA Insurance. "Although Alaska USA has been in the insurance business since 1986, this combination of resources and focus will provide advantages to Ribelin Lowell clients, Alaska USA's members and to Alaska's business community," said Alaska USA FCU President/CEO Bill Eckhardt. "The commitment to quality products and excellent service are values we share with Ribelin Lowell."
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