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Denali Alaskan FCU to Beta Test Member Business Deposit Transactions

ANCHORAGE, Alaska - Denali Alaskan Federal Credit Union will run a beta test in June to gauge how smooth of a process it will be to accept deposits from members who own businesses. The $325 million credit union will use Harland's software to run the test launch with rollout expected...

By Staff Writer | Updated on May 18, 2004

ANCHORAGE, Alaska – Denali Alaskan Federal Credit Union will run a beta test in June to gauge how smooth of a process it will be to accept deposits from members who own businesses. The $325 million credit union will use Harland’s software to run the test launch with rollout expected by September, said Bob Teachworth, president/CEO of Denali Alaskan FCU. Teachworth said the credit union began offering member business loans last September. Denali Alaskan FCU is the majority holder in Denali Alaskan Insurance, which provides business insurance to approximately 2,100 member clients among others, Teachworth said. Offering business loans and insurance “compliments the total business package,” Teachworth said, adding the credit union is waiting to hear back from the U.S. Small Business Administration on whether it’s been approved to offer those loans. Denali Alaskan serves nearly 42,000 members.

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