First National Bank Alaska Ranked Among Top U.S. Banks in 2025

First National Bank Alaska (OTCQX:FBAK) has secured a place among the nation's top financial institutions, according to recent rankings compiled by several leading industry publications. In 2025, Bank Director—an authoritative source in the financial sector—ranked First National as the tenth best bank in the United States as part of its Top 25 Banks list. The bank also placed third among peers with less than $5 billion in total assets. These rankings were determined by evaluating return on equity, return on assets, asset quality, and capital adequacy.

Recognition for Strong Loan Quality and Leadership

Betsy Lawer, Chair and CEO/President of First National Bank Alaska, highlighted the institution's commitment to high loan quality. "We ensure all loans benefit both the bank and the borrower," Lawer noted, crediting the accolades to the bank’s leadership, vision, and the dedication of its 621 employees across the state.

Century-Long Service to Alaskans

Founded in 1922, First National Bank Alaska has served as Alaska’s community bank for over a century. The bank operates 28 locations in 19 Alaskan communities and offers banking services nationwide and internationally.

Multiple Industry Awards in 2025

The bank’s reputation extends beyond just financial metrics. In 2025, readers of Alaska Business once again selected First National as the "Best Place to Work" for the tenth consecutive year, as well as recognizing it for Best Bank/Credit Union and Best Customer Service. Additional accolades include being named the sixth best bank by Forbes in its America’s Best Banks list and as one of the top two banks in Alaska. Newsweek honored First National as one of the nation’s best regional banks and credit unions. In the Anchorage Daily News "Best of Alaska" awards, the bank ranked in the top three in the Bank/Financial category for the sixth consecutive year. First National has also appeared on American Banker’s “Best Bank to Work For” list for seven straight years.

Commitment to Community Investment

For more than 100 years, First National Bank Alaska has prioritized community support. The bank received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency for the eighth consecutive period in 2024, extending a 24-year record of excellence.

Commitment to Diversity and Compliance

First National Bank Alaska is a Member FDIC and Equal Housing Lender. The bank holds the distinction of being a Minority Depository Institution, given its majority woman ownership as recognized by the Office of the Comptroller of the Currency.

This content is for informational purposes only and does not constitute financial advice.