We are a commercial bank, headquartered in Anchorage, Alaska, committed to providing Customer First Service. We specialize in serving businesses, professionals, and individual Alaskans who are looking for personal service and value.
Our Values
This is a statement of those core values which define the character of Northrim and the essence of what we stand for. Customer First Service: We treat our customers in a caring and personal manner and show genuine concern and respect for them as individuals. This is the driving force behind everything we do.
Integrity: We value integrity in our employees, in our relationships with our customers, and in our business practices. We believe it is important that customers can trust us to do business in an ethical manner and that both customers and employees believe they are treated with a sense of fairness.
Flexible Approach: We approach banking in a flexible and creative manner, which enables us to be responsive to our customers and their particular situations. We view problems as opportunities to improve, and changes as opportunities to grow and evolve.
Efficiency: We recognize that in order to be successful and to remain competitive, we must keep our costs at a reasonable level, strive to improve productivity, and continue to become more efficient in the way we conduct our business.
Employees: We are dedicated to hiring skilled Alaskans and providing ongoing training and development so they can provide the expertise our customers expect, and can be a resource our customers can count on. We are committed to having a work environment where employees feel an ownership in the bank's success and are rewarded for performance.
Community Commitment: We are closely tied to the Alaskan communities where we do business, and we believe it is important that we provide leadership, and give back to those communities with our time, talents, and dollars.
Shareholders: We believe that our shareholders, by choosing to invest in Northrim, have expressed their belief in us and our ability to protect and enhance their investment. By staying true to the values stated herein, and by managing the bank in a prudent and fiscally responsible manner, we build both short-and long-term value for our shareholders.
Northrim Milestones
2009
Joe Beedle is promoted to President of Northrim Bank; Marc Langland remains Chairman and CEO
2008
Seventh Avenue Branch moved to new downtown Anchorage parking garage
Opened Fairbanks Financial Center
Total assets crossed the billion dollar mark
2007
Acquired Alaska First Bank and Trust
2006
Jewel Lake Branch moved to a standalone facility
Launched Totally Free Business Checking
2005
Launched Totally Free Checking
Celebrated Northrim's 15th anniversary on December 4
2004
Established Washington-based lending division, Northrim Funding Services
2003
Aurora Village Branch moved to a standalone facility renamed the West Anchorage Branch
Opened Small Business Center at our West Anchorage Branch facility
Began offering Elliott Cove Capital Management investment portfolios to customers
2002
Moved Eagle River Branch and Wasilla Branch to standalone facilities
2000
Rolled out Business Online, internet banking service for businesses
Introduced Electronic Bill Payer, a service used to pay bills via the internet
Introduced Loans Online - consumer loan applications on the internet
1999
Completed the acquisition of eight Bank of America branches
Introduced new interactive website: www.northrim.com
Rolled out Northrim Online, internet home banking service
1998
Invested in start-up of Residential Mortgage Company
Announced the planned acquisition of eight Alaska branches of Bank of America
1997
March: Opened SouthSide Financial Center, Anchorage
1996
July: Opened Fairbanks Financial Center
1992
Introduced our Customer First Service guarantee
Introduced the Jump-Up CD
Introduced the Express Deposit Courier Service for business deposits
1991
First bank in Alaska to introduce automated phone banking services (Telebanking) and an affordable PC Banking service for businesses
1990
December 4: Northrim Bank opened for business in a trailer in the parking lot at 3111 C Street with 21 employees
