According to their website; “Alaska USA Federal Credit Union is a federally chartered financial services cooperative with branch offices throughout Alaska, Western Washington, and California’s High Desert region. In addition the credit union has operations centers in Anchorage, Alaska and Apple Valley, California, and a data center and mortgage operations office in Glendale, Arizona. The credit union is the largest provider of consumer financial services in Alaska, with growing membership in Washington and California. The credit union owns and operates Alaska USA Mortgage Company, with offices in Alaska, California, and Washington, Alaska USA Insurance Brokers, with offices in Alaska and Washington, as well as Alaska USA Title Agency, and Alaska USA Trust Company in the state of Alaska”. This credit union primarily lends to their large customer base throughout Anchorage and surrounding Alaskan cities, but it also has a massive clientele base which is serviced through their many subsidiaries and branches. Alaska USA Credit Union is one of the leading auto and mortgage finance companies in the Northwestern United States. They specialize in lending money for car, truck, boat, equipment, RV’s, and real estate property purchases. Alaska USA Credit Union offers some of the most competitive loanrates in the Western States.
As the economic engines have slowed in recent years, Alaska USA Credit Union has been able to provide options to sell off repossessed homes and vehicles to the public. They offer special financing and pricing options to interested buyers. Alaska USA has a link on their web site for buyers to inquire on available inventory.
For Alaska car and homes buyers interested in low priced credit union repo’s they are listed for sale on the-Alaska USA Credit Union repo list.
A lot of consumers are surprised to find how simple the process is when buying credit union repossessions. It’s common knowledge that credit unions are experienced in auto and mortgage lending. This expertise allows them to rapidly facilitate the process of selling credit union repossessions to interested buyers. There is no incentive for a credit union to turn down reasonable offers on a repo car or home. Credit union shareholders are more interested in getting the repossessions off of the books and preferably transitioned into a monetized asset. This is done by capturing the lending services on the repo sales through favorable loan terms. Interested buyers throughout Alaska can find repossessed cars, boats, ATV’s and real estate available at Alaska USA.
If you are genuinely interested in purchasing a foreclosed home or a bank owned repo car you will need to contact a representative at Alaska USA Credit Union. According to their website you will need to contact them to inquire about available inventory anyway. Don’t forget that repossessions are sold “as-is”. Essentially this means the credit union cannot warranty the vehicle and the buyer is responsible to check the integrity of the mechanical systems. If needed the credit union can pre-qualify you on the spot too. It’s also advised to consult with a trusted mechanic or real estate professional is you need a second opinion.