This just in from the Alaska Commercial Fishing and Agriculture Bank:
Nov. 22, 2011
The Alaska Commercial Fishing and Agriculture Bank (CFAB) will be lowering its lending interest rate by 2 percent on existing and new loans effective Jan. 1, 2012.
Lela Klingert, CFAB chief executive, made the announcement at CFAB's annual meeting on Nov. 18.
CFAB is a private, member-owned cooperative providing financing to Alaskan-owned commercial fishing, tourism and resource businesses since 1980.
At the same meeting, incumbent board member Roseleen "Snooks" Moore was re-elected to a new three-year term.
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