CFAB is a boutique privately owned member/borrower cooperative whose mission is to provide commercial loans to residents of Alaska engaged in the state’s commercial fishing, agriculture, resource, and tourism industries. Established in 1980, the bank was financed with $32 Million in state funds and is now 100% owned by its member/borrowers. CFAB maintains a loan portfolio of which 95% is concentrated in the commercial fishing industry. While having the word bank in its title, CFAB is not a bank in the traditional sense of the word – it does not accept deposits or offer checking accounts; its primary function is to provide financing to its member/borrowers. CFAB has a small cohesive staff of employees located within its Anchorage office. The bank is grounded in ethics, trust, and managed for the long-term. Every employee and every customer is valued as an integral part of the bank’s mission and operations.