ANCHORAGE, Alaska — Alaska USA Trust is looking to build its out-of state alliances with a campaign touting the state as being among the most trust-friendly in the country.
Launched in 1997 by $2.8 billion Alaska USA Federal Credit Union, the trust services CUSO has more than 500 institutional and member clients with $6 billion in assets under administration and $50 million in assets under management, respectively. Last year, Alaska USA Trust saw a 37% growth in personal trust and investment accounts, said Nancy Bear Usera, president/chief operating officer. This year, the CUSO plans to continue building on the personal trust side touting Alaska's liberal trust laws.
"Our state legislature has been proactive in ensuring that Alaska can be active [in trust services], Usera said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
