A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.

Alaska is a U.S. state located in the northwest extremity of North America.

The Canadian administrative divisions of British Columbia and Yukon border the state to the east; its most extreme western part is Attu Island; it has a maritime border with Russia to the west across the Bering Strait.

To the north are the Chukchi and Beaufort seas–the southern parts of the Arctic Ocean.

The Pacific Ocean lies to the south and southwest.

Alaska is the largest state in the United States by area, the 3rd least populous and the least densely populated of the 50 United States.

Approximately half of Alaska's residents (the total estimated at 738,432 by the U.S. Census Bureau in 2015) live within the Anchorage metropolitan area.

Alaska's economy is dominated by the fishing, natural gas, and oil industries, resources which it has in abundance.

Military bases and tourism are also a significant part of the economy.

Denali (also known as Mount McKinley, its former official name) is the highest mountain peak in North America, with a summit elevation of above sea level.

With a topographic prominence of and a topographic isolation of, Denali is the third most prominent and third most isolated peak after Mount Everest and Aconcagua.

Located in the Alaska Range in the interior of the U.S. state of Alaska, Denali is the centerpiece of Denali National Park and Preserve.

A mortgage loan, also referred to as a mortgage, is used either by purchasers of real property to raise funds to buy real estate; or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

The loan is "secured" on the borrower's property.

This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms.

The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.

A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).

These accounts let customers set aside a portion of their liquid assets while earning a monetary return.

In some jurisdictions, deposits in savings accounts do not incur reserve requirements.