First National Bank Alaska

The bank was founded in 1922 by candy maker Winfield Ervin Sr. at the corner of 4th and G Streets in Anchorage, Alaska.

Known at the time as The First National Bank of Anchorage, the business benefited from the Alaska Railroad construction boom of the early 1920s.

Cuddy became involved with the Alaska Rural Rehabilitation Corporation (ARRC), which was established in 1935, and served on the board of directors.

It is the 73 consecutive quarter First National has earned the five-star rating, the longest such streak of any Alaska bank.

Because First National has maintained this rating in each quarter for at least 10 years, it also earned Bauer's distinction of an "Exceptional Performance Bank."

[5] FBAK increased its quarterly dividend to $20 in May 2016, citing a strong capital account and a unique position to operate competitively versus national chains.

First National Bank Alaska's original location in downtown Anchorage, Alaska, in 2016.
First National Bank Alaska branch in Sitka, Alaska.