Winter in Alaska isn’t just cold—it’s expensive. From heating bills to vehicle maintenance, the season brings financial challenges that require careful planning. At CU1 Alaska, we help members prepare so they can enjoy the beauty of winter without financial stress.

Start by reviewing your emergency fund. Experts recommend saving at least $5,000 to cover unexpected expenses like furnace repairs or snow removal. CU1’s high-yield savings accounts grow your money faster, giving you peace of mind.

Next, prioritize energy efficiency. Alaska’s long winters mean skyrocketing utility bills. CU1 offers energy improvement loans at low rates to help you upgrade insulation, install efficient heating systems, or switch to renewable energy sources like solar panels.

Vehicle preparedness is another must. Breakdowns in subzero temperatures aren’t just inconvenient—they’re dangerous. Set aside funds for winter tires, engine block heaters, and emergency roadside kits. CU1’s personal loans can cover these costs with affordable repayment plans.

Insurance is another critical area. Review your policies to ensure you’re covered for winter-specific risks like frozen pipes, ice dam damage, or avalanche-related property loss. CU1 partners with local insurers to offer discounted bundles for members.

For families, winter also brings holiday expenses. Avoid debt by creating a holiday budget early and using CU1’s Christmas Club account, which lets you save gradually throughout the year.

If you rely on seasonal work, winter may mean reduced income. CU1 offers skip-a-payment options on loans and credit lines to help bridge the gap until spring.

Finally, don’t overlook community resources. Many Alaska towns have heating assistance programs, food banks, and CU1-sponsored relief funds for those in need.

By planning ahead with CU1 Alaska, you can face winter with confidence—and maybe even enjoy it.