News and Views CFAB will again have the pleasure of being a participating sponsor for the 2009 Global Food Alaska Conference and Tradeshow in Soldotna June 10 thru 12. The purpose of this event is to provided Alaskan producers of commercial food, beverage and agriculture products the opportunity to market these products to buyers from around the world. Click here to learn more about the conference. Pre-registration is required for this event. Watch for additional information about the 3rd Bi-Annual University of Alaska Marine Advisory Program's Alaska Young Fishermen's Summit is coming to Anchorage December 7 and 12, 2009. To learn more about the summit go to the UAF Marine Advisory Program website. CFAB Opens New Building Physical Address: 3040 Lakeshore Drive, AK 99517 Anchorage ( across from Lake Hood, near the intersection of Spenard Road and Wisconsin ) CFAB's Move Benefits Non-profit Organizations. When CFAB relocated, furniture and equipment from CFAB's office at Denali Towers was made available to non-profit organizations. We were grateful to have been able to assist the following organizations: Prince William Sound Aquaculture Association, Mary Magdalene Home, The Salvation Army, Alaska Fisheries Development Foundation, Hospice of Anchorage, Armed Services YMCA, Covenant House, American Diabetes Association, Child Care Connection, Alaska Miners' Association and Turnagain United Methodist Church. "Cooperative loan organization is one of a kind " so reads the headline from an article by Melissa Campbell, reporter for the Alaska Journal of Commerce, Vol. 29, No. 18, published May 1, 2005, p. A6. Click to read the article. CFAB looking to complete twenty-five years serving Alaska Business Community. Read about it in Alaska Business Monthly, January 2005 edition. CFAB Makes Borrowing Easier. August 31, 2004. CFAB announced changes to its capital plan. The investment requirement for membership in CFAB was reduced from five percent to two percent ( or $2, 500 whichever is less ). "We are very proud and pleased to be able to make this change, " said Lela Klingert, President of CFAB. CFAB is a private, for profit member owned cooperative specializing in financing to the tourism, natural resources, commercial fishing and agriculture industries of Alaska. In addition to general business loans, CFAB also makes loans to purchase IFQ's, Limited Entry permits and the recently developed CQE's.