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First National Bank Alaska processed $345M in PPP loans through September

First National Bank of Alaska (OTCQX:FBAK) Executive Vice President and Chief Banking Officer Ryan Strong tells Proactive the community bank 'was aggressive quickly' and processed $345M PPP loans through September for customers and non-customers alike.

Strong says the bank has enjoyed 'good success' in turning non-customers receiving PPP loans into customers. He adds the bank is pushing forward with business as somewhat usual, while making 'considerable' investment in its digital capabilities.

Quick facts: First National Bank Alaska

Price: 187 USD

OTCMKTS:FBAK
Market: OTCQX
Market Cap: $592.32 m
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