Alaska USA was identified as one of the top Alaskan businesses in the October 2003 edition of Alaska Business Monthly ach year the magazine ranks the top 49 businesses in the state based on gross revenues. This is the first year that not for profit cooperatives were included in the rankings. Alaska USA's gross revenue in 2002 was $140 million. The 2002 highlights: branch expansions in three new locations in the Puget Sound, Wash., area and another in Anchorage; the addition of bill pay and account aggregation online services; the introduction of managed investment accounts through Alaska USA Trust Co.; and the expansion of its subsidiary Alaska USA Mortgage Company throughout Alaska and in the Pacific Northwest.
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The Consumer Financial Protection Bureau is overhauling its consumer complaint portal after receiving 6.6 million complaints last year, more than double the 3.2 million in 2024, citing abuse by credit repair firms and social media influencers.
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The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
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Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.
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The Federal Deposit Insurance Corp. issued proposals Thursday that would reduce planning requirements for big banks and slash deposit insurance prices, citing the financial health of the Deposit Insurance Fund.
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The card network's recent partnerships attempt to build demand for new forms of artificial intelligence while feeding "value added" revenue — a nonpayment fee metric that investors watch closely.
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Christopher Phelan, President Donald Trump's nominee to chair the Council of Economic Advisers, declined to directly answer questions about recent inflation data and the effects of tariffs on consumers during a Senate confirmation hearing Thursday.
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