Banks open new loan branch.

• Author: Pilkington, Steve
• Position: Finance - Native American Bank in partnership with Woodlands National Bank - Brief Article

Native American Bank and Woodlands National Bank have formed a creative partnership to open a loan production office in Anchorage.

"This is another step in the growth and evolution of Native American Bank as a major player in providing capital for development in Indian communities," said John Beirise, president of NAB, a tribally owned and operated bank dedicated to pooling Native American resources to create wealth and opportunity for American Indians. NAB's group of original investors included two Alaska Native corporations, the Sealaska Corp. of Juneau and Arctic Slope Regional Corp. of Barrow.

Lewis A. Anderson, president and CEO of Woodlands, owned by the Mille Lacs Band of Ojibwe Indians in Minnesota...