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75th Anniversary


True North was founded 75 years ago in 1948, which was also the year the very first Polaroid camera went on sale.

The new device had a huge price tag for the time, costing a whopping $89.75! Imagine trying to carry that thing around all day!!

The future of education in Alaska is brighter than ever!

In honor of our 75th Anniversary, True North has awarded seven $2500 scholarships to students across the state, enabling them to pursue educational opportunities that might not have been previously available to them.

We're proud to be doing our part to encourage the next generation of Alaskan thinkers and innovators.

Check our our 2023 Recipients!

A special message from the CEO

LAUREN MACVAY TRUE NORTHS PRESIDENT AND CEOI’m extremely excited for this year because it’s a big one for True North. 2023 is our Diamond Anniversary, marking 75 years of providing meaningful financial services to Alaskans. Our Mission has ebbed and flowed over the years but hasn’t changed at its heart – to improve the economic well-being of the members, employees and communities we serve.

Throughout the year we will be celebrating our history while looking to the future.  From handwritten ledger books in the 1940’s to high-powered mobile payment apps in the 21st century, True North has always focused on providing the best service possible to our member-owners. That’s the key to 75 years of success.

Looking down the road, this is going to be another busy year. We have continued enhancements planned for our lending processes, giving you more options to finance with True North when shopping for a new vehicle. We will also be looking to expand the reach of our financial education resources, and much more!  We have fun things in store for the members and the True Crew as the year progresses to celebrate this important benchmark, so stay tuned!


Juneau Territorial Employee Federal Credit Union is formed.

On November 22, 1948 the Juneau Territorial Employees Federal Credit Union is formed. As the charter is ratified we officially become the first credit union in the territory.


Name changed to Juneau State FCU as Alaska officially becomes the 49th state.

Statehood comes to Alaska! On January 3rd Alaska becomes the 49th State of the US. To reflect that change we updated our name to the Juneau State Federal Credit Union.


Anchorage branch opens and Alaska State Employees FCU adopted as new name.

This was a busy year! We opened our first branch in Anchorage and merged with Northern State Employees FCU to form the Alaska State Employee Federal Credit Union (ASEFCU).


We grew our footprint in Southeast Alaska after welcoming Skagway FCU into the ASEFCU family.


We update our name to True North Federal Credit Union to reflect our growing mission.


We expand our charter in Anchorage to better serve more members of the community.



It's our 75th Diamond Anniversary!

Looking forward to the future.